EX-12 2 dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

EXHIBIT 12

ConAgra Foods, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

($ in millions)

 

     Thirty-nine
weeks ended
February 24, 2008		  

Earnings:

   

Income from continuing operations before income taxes and equity method investment earnings

    $ 1,020.5  

Add/(deduct):

   

Fixed charges

      248.2  

Distributed income of equity method investees

      22.6  

Capitalized interest

      (7.5 )
        

Earnings available for fixed charges (a)

    $ 1,283.8  
        

Fixed charges:

   

Interest expense

    $ 205.1  

Capitalized interest

      7.5  

One third of rental expense (1)

      35.6  
        

Total fixed charges (b)

    $ 248.2  
        

Ratio of earnings to fixed charges (a/b)

      5.2  

 

(1)

Considered to be representative of interest factor in rental expense.

 

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