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S-3ASR Filing
The Progressive Corporation (PGR) S-3ASRAutomatic shelf registration
Filed: 18 Jun 07, 12:00am
Three Months | |||||||||||||||||||||||||||||
Ended March 31, | Years Ended December 31, | ||||||||||||||||||||||||||||
2007 | 2006 | 2006 | 2005 | 2004 | 2003 | 2002 | |||||||||||||||||||||||
Income before income taxes | $ | 532.7 | $ | 647.5 | $ | 2,433.2 | $ | 2,058.9 | $ | 2,450.8 | $ | 1,859.7 | $ | 981.4 | |||||||||||||||
Fixed Charges: | |||||||||||||||||||||||||||||
Interest and amortization on indebtedness | 19.1 | 21.0 | 79.7 | 83.9 | 84.7 | 97.0 | 75.1 | ||||||||||||||||||||||
Portion of rents representative of the interest factor | 6.3 | 5.4 | 22.9 | 17.5 | 8.9 | 7.5 | 5.6 | ||||||||||||||||||||||
Total Fixed Charges | 25.4 | 26.4 | 102.6 | 101.4 | 93.6 | 104.5 | 80.7 | ||||||||||||||||||||||
Interest capitalized, net of amortized interest | (.1 | ) | (.4 | ) | (1.6 | ) | (.7 | ) | (3.6 | ) | (1.2 | ) | (.1 | ) | |||||||||||||||
Total income available for fixed charges | $ | 558.0 | $ | 673.5 | $ | 2,534.2 | $ | 2,159.6 | $ | 2,540.8 | $ | 1,963.0 | $ | 1,062.0 | |||||||||||||||
Ratio of earnings to fixed charges | 22.0 | 25.5 | 24.7 | 21.3 | 27.1 | 18.8 | 13.2 | ||||||||||||||||||||||