EX-12.1 2 ca-ex121_20131231xq3.htm STATEMENT OF RATIO OF EARNINGS TO FIXED CHARGES CA-EX12.1_2013.12.31-Q3


Exhibit 12.1
CA, Inc.
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
 
 
 
Fiscal Year
 
Nine Months Ended
 
 
2009
 
2010
 
2011
 
2012
 
2013
 
December 31,
2013
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes, minority interest and discontinued operations
 
$
1,049

 
$
1,152

 
$
1,209

 
$
1,354

 
$
1,318

 
$
882

Add: Fixed charges
 
191

 
156

 
121

 
123

 
119

 
78

Total earnings available for fixed charges
 
$
1,240

 
$
1,308

 
$
1,330

 
$
1,477

 
$
1,437

 
$
960

Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense (1)
 
$
130

 
$
102

 
$
68

 
$
64

 
$
64

 
$
54

Interest portion of rental expense
 
61

 
54

 
53

 
59

 
55

 
24

Total fixed charges
 
$
191

 
$
156

 
$
121

 
$
123

 
$
119

 
$
78

RATIOS OF EARNINGS TO FIXED CHARGES
 
6.49

 
8.38

 
10.99

 
12.01

 
12.08

 
12.31

Deficiency of earnings to fixed charges
 
n/a

 
n/a

 
n/a

 
n/a

 
n/a

 
n/a

 
(1)
Includes amortization of discount related to indebtedness