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New words:
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Removed:
accretion, acted, aid, alliance, annualized, appeal, appellant, began, Berry, calculated, Citigroup, clarify, Connecticut, consumption, contest, contested, covering, Curve, decide, dermatopathology, diagnosing, disputed, education, enable, erosion, expire, extension, flat, guarantor, hearing, hematopathology, improperly, inconsequential, incurring, jury, MCO, microbial, NC, nonvested, originally, planned, predicting, prefer, ranged, refine, Schumann, spot, supplier, Supreme, Tampa, terminable, treatable, undistributed, uropathology
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| EXHIBIT 12.1 | ||||||||||||||||||||
| STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES | ||||||||||||||||||||
| (dollars in millions, except ratio information) | ||||||||||||||||||||
| Fiscal Years Ended December 31, | ||||||||||||||||||||
| 2008 | 2009 | 2010 | 2011 | 2012 | ||||||||||||||||
| Income from continuing operations | ||||||||||||||||||||
| before income taxes | $ | 785.7 | $ | 884.6 | $ | 915.6 | $ | 866.1 | $ | 944.2 | ||||||||||
| Fixed Charges: | ||||||||||||||||||||
| Interest on long-term and | ||||||||||||||||||||
| short-term debt including | ||||||||||||||||||||
| amortization of debt expense | 72.0 | 62.9 | 70.0 | 87.5 | 94.5 | |||||||||||||||
| Portion of rental expense as can be | ||||||||||||||||||||
| demonstrated to be representative | ||||||||||||||||||||
| of the interest factor | 58.4 | 61.0 | 67.4 | 73.4 | 75.3 | |||||||||||||||
| Total fixed charges | 130.4 | 123.9 | 137.4 | 160.9 | 169.8 | |||||||||||||||
| Earnings before income taxes and | ||||||||||||||||||||
| fixed charges | $ | 916.1 | $ | 1,008.5 | $ | 1,053.0 | $ | 1,027.0 | $ | 1,114.0 | ||||||||||
| Ratio of earnings to fixed charges | 7.03 | 8.14 | 7.66 | 6.38 | 6.56 | |||||||||||||||