EX-12.1 5 ca-ex121_20140331xq4.htm STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES CA-EX12.1_2014.03.31-Q4


Exhibit 12.1
CA, Inc.
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2010
 
2011
 
2012
 
2013
 
2014
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes, minority interest and discontinued operations
 
$
1,130

 
$
1,185

 
$
1,330

 
$
1,293

 
$
1,039

Add: Fixed charges
 
156

 
121

 
115

 
113

 
123

Total earnings available for fixed charges
 
$
1,286

 
$
1,306

 
$
1,445

 
$
1,406

 
$
1,162

Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest expense (1)
 
$
102

 
$
68

 
$
64

 
$
64

 
$
75

Interest portion of rental expense
 
54

 
53

 
51

 
49

 
48

Total fixed charges
 
$
156

 
$
121

 
$
115

 
$
113

 
$
123

RATIOS OF EARNINGS TO FIXED CHARGES
 
8.24

 
10.79

 
12.57

 
12.44

 
9.45

Deficiency of earnings to fixed charges
 
n/a

 
n/a

 
n/a

 
n/a

 
n/a

 
(1)
Includes amortization of discount related to indebtedness