EX-12.01 5 ebay063016ex1201.htm RATIO OF EARNINGS TO FIXED CHARGES Exhibit


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

 
Six Months Ended June 30,
 
 
2015
 
2016
 
Income from Continuing Operations Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Method Investees
$
1,091

 
$
1,129

 
Add: Fixed Charges (1)
85

 
115

 
Earnings (2)
$
1,176

 
$
1,244

 
Fixed Charges (1)
$
85

 
$
115

 
Ratio of Earnings to Fixed Charges
13.8

x
10.8

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.