EX-12.1 10 dex121.htm EXHIBIT 12.1 Exhibit 12.1

Exhibit 12.1

Danaher Corporation

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(In Thousands, except ratio data)

 

                                        Six Months
Ended		  
     2006      2007      2008      2009      2010      July 1, 2011  

Fixed Charges

                  

Gross Interest Expense

      77,375         107,702         126,470         119,776         118,294         62,434   

Interest Element of Rental Expense

      12,369         14,804         10,763         13,135         15,162         7,581   

Interest on FIN 48 liabilities

      —           —           —           —           —           —     
                                                     

Total Fixed Charges

    $ 89,744       $ 122,506       $ 137,233       $ 132,911       $ 133,456       $ 70,015   
                                                     

Earnings Available for Fixed Charges:

                  

Earnings from Continuing Operations before income taxes

      1,380,150         1,583,187         1,670,991         1,366,842         2,252,739         1,129,717   

Add fixed charges

      89,744         122,506         137,233         132,911         133,456         70,015   

Interest on FIN 48 liabilities

      —           —           —           —           —           —     
                                                     

Total Earnings Available for Fixed Charges

    $ 1,469,894       $ 1,705,693       $ 1,808,224       $ 1,499,753       $ 2,386,195       $ 1,199,732   

Ratio of Earnings to Fixed Charges

      16.4         13.9         13.2         11.3         17.9         17.1   
                                                     

 

NOTE: These Ratios include Danaher Corporation and its consolidated subsidiaries. The ratio of earnings to fixed charges was computed by dividing earnings by fixed charges for the periods indicated, where “earnings” consist of (1) earnings from continuing operations (excluding earnings from 50% owned affiliates) before income taxes; plus (2) fixed charges, and “fixed charges” consist of (A) interest, whether expensed or capitalized, on all indebtedness, (B) amortization of premiums, discounts and capitalized expenses related to indebtedness, and (C) an interest component representing the estimated portion of rental expense that management believes is attributable to interest. Interest on FIN 48 liabilities is included in the tax provision in the Company’s Consolidated Condensed Statements of Earnings and is excluded from the computation of fixed charges.