EX-12 5 g14665exv12.htm EX-12 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EX-12 Computation of Ratio of Earnings
Exhibit 12
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
                         
    Year Ended  
    June 27,
 		    June 29,
 		    June 30,
 		 
    2008     2007     2006  
    (In millions except ratios)  
 
Earnings:
                       
Net Income
  $ 444.2     $ 480.4     $ 237.9  
Plus: Income Taxes
    201.5       190.9       142.9  
  Fixed Charges
    71.5       52.9       46.7  
  Amortization of Capitalized Interest
    —       —       —  
Less: Interest Capitalized During the Period
    (0.1 )     —       —  
  Undistributed Earnings in Equity Investments
    —       —       —  
                         
    $ 717.1     $ 724.2     $ 427.5  
                         
Fixed Charges:
                       
Interest Expense
  $ 55.7     $ 41.1     $ 36.5  
Plus: Capitalized Interest
    0.1       —       —  
  Interest Portion of Rental Expense
    15.7       11.8       10.2  
                         
    $ 71.5     $ 52.9     $ 46.7  
                         
Ratio of Earnings to Fixed Charges
    10.03       13.69       9.15