Sysco (SYY) 8-K Financial Statements and Exhibits

Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	39 Weeks Ended March 31, 2012
	(dollars in thousands)
Earnings before income taxes	$	1,294,550
Add: Fixed charges		117,548
Subtract: Capitalized interest		15,808
Total	$	1,396,290
Fixed Charges:
Interest expense	$	86,088
Capitalized interest		15,808
Rent expense interest factor		15,652
Total	$	117,548
Ratio of earnings to fixed charges (1)		11.9

(1) For the purpose of calculating this ratio, “earnings” consist of earnings before income taxes and fixed charges (exclusive of interest capitalized). “Fixed charges” consist of interest expense, capitalized interest and the estimated interest portion of rents.