EX-12.01 7 ebayq1201310qex1201.htm RATIO OF EARNINGS TO FIXED CHARGES eBay Q1 2013 10Q Ex12.01


Exhibit 12.01
eBay Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions, except ratio data)

 
Three Months Ended March 31,
 
 
2013
 
2012
 
Income Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Method Investees
$
819

 
$
691

 
Add: Fixed Charges (1)
40

 
23

 
Earnings (2)
$
859

 
$
714

 
Fixed Charges (1)
$
40

 
$
23

 
Ratio of Earnings to Fixed Charges
21.2

x
31.7

x

(1)
Fixed Charges consist of interest expense and our estimate of an appropriate portion of rentals representative of the interest factor. The estimate of interest within rental expense is estimated to be one-third of rental expense.
(2)
Earnings consist of income before income taxes, noncontrolling interest and equity in income or losses of equity method investees plus Fixed Charges.