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Content analysis
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H.S. freshman Good
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New words:
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Removed:
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Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
(in millions except ratio of earnings to fixed charges)
(in millions except ratio of earnings to fixed charges)
| Six Months | ||||
| Ended June 30, | ||||
| 2007 | ||||
Earnings: | ||||
| Income from continuing operations before income taxes and minority interest | $ | 370.5 | ||
| Portion of rents representative of interest expense | 5.5 | |||
| Interest on indebtedness, including amortization of deferred loan costs | 40.9 | |||
| Amortization of capitalized interest | — | |||
| Minority interest in pre-tax income of subsidiaries that have not incurred fixed charges | 0.6 | |||
| Earnings, as adjusted | $ | 417.5 | ||
Fixed Charges: | ||||
| Portion of rents representative of interest expense | $ | 5.5 | ||
| Interest on indebtedness, including amortization of deferred loan costs | 40.9 | |||
| Capitalized interest | — | |||
| Total fixed charges | $ | 46.4 | ||
Ratio of earnings to fixed charges | 9.00 | x | ||