1 EXHIBIT 12.1 DEAN FOODS COMPANY Computation of Ratio of Earnings to Fixed Charges FISCAL YEAR ENDED MAY 28, 2000 ----------------- Income from continuing operations before taxes $ 173,274 Fixed charges: Interest Expense 50,148 Portion of rentals (33%) 16,797 ----------------- Total Fixed charges 66,945 ----------------- Income from continuing operations before taxes and fixed charges $ 240,219 ================= Ratio of earnings to fixed charges 3.6