EX-12.01 4 ebay123114_10-kex1201.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES eBay 123114_10-K Ex12.01


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

 
Year Ended December 31,
 
2010
 
2011
 
2012
 
2013
 
2014
 
Income Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Method Investees
2,111
 
3,926
 
3,111
 
3,483
 
3,576
 
Add: Fixed Charges (1)
45
 
80
 
122
 
161
 
175
 
Earnings (2)
2,156
 
4,006
 
3,233
 
3,644
 
3,751
 
Fixed Charges (1)
45
 
80
 
122
 
161
 
175
 
Ratio of Earnings to Fixed Charges
47.9
x
50.1
x
26.4
x
22.6
x
21.4
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 gains or losses of equity method investees plus Fixed Charges.