EXHIBIT 12.1 | ||||||||||||||||||
STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES | ||||||||||||||||||
(dollars in millions, except ratio information) | ||||||||||||||||||
Fiscal Years Ended December 31, | Nine Months Ended | |||||||||||||||||
2008 | 2009 | 2010 | 2011 | 2012 | September 30, 2013 | |||||||||||||
Income from continuing operations | ||||||||||||||||||
before income taxes | 785.7 | 884.6 | 915.6 | 866.1 | 944.2 | 721.4 | ||||||||||||
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 | 72.3 | ||||||||||||
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 | 58.8 | ||||||||||||
Total fixed charges | 130.4 | 123.9 | 137.4 | 160.9 | 169.8 | 131.1 | ||||||||||||
Earnings before income taxes and | ||||||||||||||||||
fixed charges | 916.1 | 1,008.5 | 1,053.0 | 1,027.0 | 1,114.0 | 852.5 | ||||||||||||
Ratio of earnings to fixed charges | 7.03 | 8.14 | 7.66 | 6.38 | 6.56 | 6.50 |
- LH Dashboard
- Financials
- Filings
- Transcripts
- ETFs
- Insider
- Institutional
- Shorts
- News
- Patents
-
10-Q Filing
Laboratory Corporation of America (LH) 10-Q2013 Q3 Quarterly report
Filed: 28 Oct 13, 12:00am