EX-12 5 cag-10q2ex12.htm EXHIBIT 12 Exhibit


Exhibit 12
Conagra Brands, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)



 
Twenty-six weeks ended
November 26, 2017
Earnings:
 
Income from continuing operations before income taxes and equity method investment earnings
$
556.6

Add (deduct):
 
Fixed charges
89.1

Distributed income of equity method investees
—

Capitalized interest
(2.2
)
Earnings available for fixed charges (a)
$
643.5

 
 
Fixed charges:
 
Interest expense
$
76.3

Capitalized interest
2.2

One third of rental expense (1)
10.6

Total fixed charges (b)
$
89.1

 
 
Ratio of earnings to fixed charges (a/b)
7.2


(1) Considered to be representative of interest factor in rental expense.