EX-12 2 ca-ex12_20170331xq4.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)
 
2013
 
2014
 
2015
 
2016
 
2017
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes, minority interest and discontinued operations
$
1,260

 
$
1,016

 
$
1,115

 
$
1,084

 
$
1,073

Add: Fixed charges
113

 
123

 
125

 
128

 
136

Total earnings available for fixed charges
$
1,373

 
$
1,139

 
$
1,240

 
$
1,212

 
$
1,209

Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense (1)
$
64

 
$
75

 
$
77

 
$
81

 
$
90

Interest portion of rental expense
49

 
48

 
48

 
47

 
46

Total fixed charges
$
113

 
$
123

 
$
125

 
$
128

 
$
136

RATIOS OF EARNINGS TO FIXED CHARGES
12.15

 
9.26

 
9.92

 
9.47

 
8.89

Deficiency of earnings to fixed charges
n/a

 
n/a

 
n/a

 
n/a

 
n/a

 
(1)
Includes amortization of discount related to indebtedness