DENTSPLY SIRONA 10K 2016 Annual report | XRAY Filing

Content analysis

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

New words: accomplishment, adjoining, adjournment, aesthetic, Agriculture, apex, appointed, appointment, area, Arthur, ARTICLE, ASC, Assent, attainment, attendance, attrition, Australian, authentication, awaiting, back, Beecken, Bertrand, Brexit, bribery, bribing, British, bundling, buyer, card, cautioned, CEREC, cessation, check, China, circumvented, circumvention, clarification, Codification, commencing, complementary, compliant, complimentary, compromise, compromised, concentrated, confidentiality, Congo, context, Convention, costly, Council, count, counted, creation, curve, DAC, David, debit, defense, delete, deleted, deleting, Democratic, Denmark, departure, deployed, deposit, deposited, deter, devalue, differentiated, difficulty, Distributorship, doctrine, dominated, DRC, drill, Earlier, earliest, easier, efficacy, electric, emitting, EPA, ergonomic, essential, EU, expedient, expenditure, expressed, extinguishment, factual, Family, faster, FCPA, feasibility, foregoing, foster, fraudulent, gathering, Grandfathered, grandfathering, Harry, heightened, hereto, hired, HITECH, honor, hurt, hygiene, imposition, impossible, incumbent, INLAB, insert, inserted, insignificant, INTEGO, interchange, interference, invalidated, irrevocable, Israel, IV, Jansen, Jeffrey, Jr, judicial, Kowaloff, Kraemer, land, ledger, liable, licensee, Loi, loyalty, mail, mailing, malfeasance, MCX, MDD, meaningful, mediation, Minamata, mined, ministerial, Ministry, MIS, misappropriate, misappropriation, modernizing, modification, month, mouth, MTM, multicurrency, NHFPC, nominate, Nomination, northern, notify, Notwithstanding, OMNICAM, online, outfit, overriding, owed, Patterson, peer, perspective, physical, pioneering, PMA, Pollution, pool, postpone, pound, practitioner, Presumption, principle, PROGLIDER, promulgated, properly, proportion, proprietary, prosecution, prosecutorial, quantity, Quorum, ratably, ratification, reallocation, REConstruction, reconvening, referendum, regime, reinterpreted, rely, remediation, remote, renamed, renegotiating, repealed, reproduction, Republic, reschedule, rev, revolutionizing, roll, safeguard, safer, Salzburg, SCHICK, screen, scrutiny, secret, securitization, seller, sensitive, SENTALLOY, shorten, shrinking, SIROLASER, SLIMLINE, sought, spanning, specialist, speed, spot, stipulate, stipulation, stoppage, storage, strike, submission, subscription, surrender, suspended, system, Telephone, temporarily, TENEO, Tenure, terminology, text, theft, thereof, ticker, today, traditional, traditionally, transmission, unallocated, unclear, undelivered, undergone, unsuccessful, unwilling, vacancy, vague, verification, verify, VI, victim, violated, violation, wage, waived, Wall, whichever, withdrawal, withholding, workflow, workmanship

Removed: acquiring, advanced, Africa, announce, Asia, Baxter, branded, broader, bullion, call, caption, carry, Chairman, chairside, Cholmondeley, classifying, Cleveland, collectability, consisting, continually, Cookson, Deborah, denture, designation, dismissed, disrupted, diverse, division, durable, East, efficiently, elderly, euro, excavation, extraction, factor, Ferro, focused, Gamble, grafting, Hecht, highest, hundred, indirect, inherently, introduction, John, Johnson, judged, KPMG, Latin, Manager, marketable, marketed, Miclot, modest, organization, ounce, overlap, partner, Paula, Proctor, proportionate, purely, Rasin, rating, recording, reflecting, reflective, restrained, slight, social, Steel, succeed, technically, transformed, VDW, VIE, virtually, Warren, WCI, Western, William



DENTSPLY SIRONA Inc.
Computation of Ratios of Earnings to Fixed Charges
Exhibit 12.1

(in millions except ratios)	Year Ended December 31,
	2016		2015		2014		2013		2012
Consolidated Earnings:
Pre-tax income from continuing operations	$	440.9	$	329.7	$	404.4	$	369.3	$	330.7
before adjustment for income or loss from
equity interests

Add fixed charges computed below	58.3		83.8		69.7		72.7		82.2

Net adjustments for capitalized interest	0.1		0.1		0.1		0.1		—

Consolidated Earnings Available for Fixed Charges	$	499.3	$	413.6	$	474.2	$	442.1	$	412.9


Consolidated Fixed Charges:

Interest expense per financial statements (a)	$	35.9	$	55.9	$	46.9	$	49.6	$	56.9

Interest expense - capitalized	0.3		0.6		0.2		0.2		0.1

Amortization of deferred financing	4.5		11.3		4.6		5.0		7.0

One-third of rental expense representing reasonable approximation of the interest factor	17.6		16.0		18.0		17.9		18.2

Consolidated Fixed Charges	$	58.3	$	83.8	$	69.7	$	72.7	$	82.2

Consolidated Ratio of Earnings to Fixed Charges	8.56		4.94		6.80		6.08		5.02

(a) Does not include interest related to uncertain tax positions.

DENTSPLY SIRONA (XRAY) 10-K2016 FY Annual report

Content analysis