EX-12 4 ca-ex12_20160930xq2.htm STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES Exhibit


Exhibit 12

CA, Inc.
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)

 
 
Fiscal Year
 
Six Months Ended
 
 
2012
 
2013
 
2014
 
2015
 
2016
 
September 30,
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

 
$
583

Add: Fixed charges
 
115

 
113

 
123

 
125

 
128

 
58

Total earnings available for fixed charges
 
$
1,406

 
$
1,373

 
$
1,139

 
$
1,240

 
$
1,212

 
$
641

Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense (1)
 
$
64

 
$
64

 
$
75

 
$
77

 
$
81

 
$
44

Interest portion of rental expense
 
51

 
49

 
48

 
48

 
47

 
14

Total fixed charges
 
$
115

 
$
113

 
$
123

 
$
125

 
$
128

 
$
58

RATIOS OF EARNINGS TO FIXED CHARGES
 
12.23

 
12.15

 
9.26

 
9.92

 
9.47

 
11.05

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