Cardinal Health (CAH) 10-Q2011 Q1 Quarterly report

Filed: 8 Nov 10, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: advantage, assist, bringing, category, depository, diligence, DIOH, disagree, DPO, driver, DSO, enterprise, exhausted, experienced, explanation, flat, flu, heading, high, Investor, negotiate, Occasionally, pattern, payout, penetration, percent, presence, promote, pursued, resolved, safety, season, serve, serving, settled, slight, span, supplemental, suspect, targeted, unique

Removed: absolute, acceptance, accounted, accrued, accruing, achievement, addressing, adequacy, adjusting, affecting, agent, aggregate, agreed, Allegiance, allocating, alternate, alternative, Alternatively, ambulatory, America, analytical, April, arise, Asia, assertion, assessed, assuming, assured, authority, awarded, back, bank, bankruptcy, BBB, book, borrower, calculated, Canada, cancelled, capacity, capitation, capped, carried, central, chain, challenging, charged, circumvented, closely, collectability, collection, collusion, combination, commencement, commercially, competitive, complex, considerable, consumer, consummation, contest, continue, conversion, converted, covenant, cover, criterion, deduction, default, deflation, degree, deliverable, derecognition, derivative, derive, design, designated, designed, detect, detected, deterioration, determinable, determination, direct, directly, director, dispensing, dispose, disposition, duration, efficiency, effort, element, eligible, elimination, entitled, entitlement, error, escrow, Europe, event, evidence, exceed, exchanged, exclusion, experience, explicit, explicitly, exposure, fact, fail, faulty, February, Finally, financing, Fitch, fixed, floating, forfeited, franchise, fraud, frequency, fully, functionality, generate, government, guaranteed, guaranty, half, Historically, holder, iii, implemented, inadequate, inclusion, incomplete, index, influence, inherent, insolvency, insurance, intended, intermediary, interpretation, intrinsic, investing, involving, issuance, iv, ix, judgment, judgmentally, key, laboratory, leading, lesser, letter, licensing, limit, link, loan, loaned, located, manufactured, manufacturer, March, marketed, marketing, matter, maximum, mechanism, Medicap, Medicine, merchandise, metric, minimum, mistake, month, monthly, motivate, multiple, negative, newly, nonperformance, North, notified, NPA, obligate, obligor, obtained, occurrence, offer, Office, offsetting, opened, operate, operated, order, original, origination, outlook, override, ownership, paragraph, past, patient, peer, people, permanent, permitted, persuasive, plasma, Poor, positively, premium, preserve, pressure, prevent, priority, private, procedure, profitability, prolonged, publicly, Puerto, purpose, radioisotope, radiopharmaceutical, reached, recent, reconciliation, reconsider, reduction, reflect, reflected, refund, reinforce, released, remain, rendered, reorganization, reorganized, repackaging, repayment, replaced, replacement, repositioning, represent, representing, request, resource, responsible, retain, retaining, Rico, ruling, satisfy, scope, securitization, selected, senior, sentence, set, shareholder, shipped, Shoppe, shortage, simple, small, software, specifically, stable, standard, stated, sterile, stipulated, stockholder, store, subjecting, subsequent, subsequently, substantially, succeed, suction, superseded, support, surgery, system, term, tested, testing, therapeutic, title, traded, trailing, twelve, typically, unadjusted, unamortized, unconditional, unpaid, utilize, vi, vii, viii, worth

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

CAH similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12.1

CARDINAL HEALTH, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES


	Fiscal Year Ended June 30,															For the Three Months Ended, September 30, 2010
(in millions, except for ratios)	2006			2007			2008			2009			2010			For the Three Months Ended, September 30, 2010
Earnings before income taxes and discontinued operations	$	1,316.3		$	815.3		$	1,295.1		$	1,159.8		$	1,211.6		$	424.2
Plus fixed charges:
Interest expense		102.5			108.2			143.4			118.4			125.5			22.6
Capitalized interest		4.1			10.5			13.5			5.1			2.9			1.4
Amortization of debt offering costs		3.4			7.4			3.5			3.8			9.9			0.5
Interest portion of rent expense		16.8			15.6			12.2			11.1			6.0			1.7


Fixed charges		126.8			141.7			172.6			138.4			144.3			26.2

Plus amortization of capitalized interest		2.9			1.3			1.5			2.5			6.5			1.5
Less capitalized interest		(4.1	)		(10.5	)		(13.5	)		(5.1	)		(2.9	)		(1.4	)

Earnings	$	1,441.9		$	947.8		$	1,455.7		$	1,295.6		$	1,359.5		$	450.5


Ratio of earnings to fixed charges⁽¹⁾		11.4			6.7			8.4			9.4			9.4			17.2

⁽¹⁾

The ratio of earnings to fixed charges is computed by dividing fixed charges into earnings before income taxes and discontinued operations plus fixed charges and capitalized interest. Fixed charges include interest expense, amortization of debt offering costs and the portion of rent expense which is deemed to be representative of the interest factor. Interest expense recorded on tax exposures has been recorded in income tax expense and has therefore been excluded from the calculation.