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Filing tables
Filing exhibits
- 10-K Annual report
- 10.10 2006 Form of Restricted Stock Unit Award Agreement
- 10.11 2006 Form of Performance Share Unit Award Agreement
- 10.32 Credit Facility Credit Agreement
- 12.1 Computation of Ratio of Earnings to Fixed Charges
- 21.1 Subsidiaries of the Registrant
- 23.1 Consent of Independent Registered Public Accounting Firm
- 31.1 Certification of CEO Pursuant to Rule 15D-14(A)
- 31.2 Certification of CFO Pursuant to Rule 15D-14(A)
- 32.1 Certification of CEO Pursuant to 18 U.s.c. Section 1350
- 32.2 Certification of CFO Pursuant to 18 U.s.c. Section 1350
Related press release
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EXHIBIT 12.1
WASTE MANAGEMENT, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Millions, Except Ratios)
(Unaudited)
(In Millions, Except Ratios)
(Unaudited)
Years Ended December 31, | ||||||||||||
2005 | 2004 | 2003 | ||||||||||
Income before income taxes, cumulative effect of changes in accounting principles, losses in equity investments and minority interests | $ | 1,253 | $ | 1,316 | $ | 1,129 | ||||||
Fixed charges deducted from income: | ||||||||||||
Interest expense | 496 | 455 | 439 | |||||||||
Implicit interest in rents | 51 | 51 | 69 | |||||||||
547 | 506 | 508 | ||||||||||
Earnings available for fixed charges | $ | 1,800 | $ | 1,822 | $ | 1,637 | ||||||
Interest expense | $ | 496 | $ | 455 | $ | 439 | ||||||
Capitalized interest | 9 | 22 | 22 | |||||||||
Implicit interest in rents | 51 | 51 | 69 | |||||||||
Total fixed charges | $ | 556 | $ | 528 | $ | 530 | ||||||
Ratio of earnings to fixed charges | 3.2x | 3.5x | 3.1x | |||||||||