EX-12 4 ca-ex12_20160331xq4.htm STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES SEC Exhibit


Exhibit 12
CA, Inc.
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
 
2012
 
2013
 
2014
 
2015
 
2016
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes, minority interest and discontinued operations
$
1,291

 
$
1,260

 
$
1,016

 
$
1,115

 
$
1,084

Add: Fixed charges
115

 
113

 
123

 
125

 
128

Total earnings available for fixed charges
$
1,406

 
$
1,373

 
$
1,139

 
$
1,240

 
$
1,212

Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense (1)
$
64

 
$
64

 
$
75

 
$
77

 
$
81

Interest portion of rental expense
51

 
49

 
48

 
48

 
47

Total fixed charges
$
115

 
$
113

 
$
123

 
$
125

 
$
128

RATIOS OF EARNINGS TO FIXED CHARGES
12.23

 
12.15

 
9.26

 
9.92

 
9.47

Deficiency of earnings to fixed charges
n/a

 
n/a

 
n/a

 
n/a

 
n/a

 
(1)
Includes amortization of discount related to indebtedness