EX-12 5 ca-ex12_20180331.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)
 
2014
 
2015
 
2016
 
2017
 
2018
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes, minority interest and discontinued operations
$
1,016

 
$
1,115

 
$
1,084

 
$
1,073

 
$
1,021

Add: Fixed charges
123

 
125

 
128

 
136

 
174

Total earnings available for fixed charges
$
1,139

 
$
1,240

 
$
1,212

 
$
1,209

 
$
1,195

Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense (1)
$
75

 
$
77

 
$
81

 
$
90

 
$
127

Interest portion of rental expense
48

 
48

 
47

 
46

 
47

Total fixed charges
$
123

 
$
125

 
$
128

 
$
136

 
$
174

RATIOS OF EARNINGS TO FIXED CHARGES
9.26

 
9.92

 
9.47

 
8.89

 
6.87

Deficiency of earnings to fixed charges
n/a

 
n/a

 
n/a

 
n/a

 
n/a

 
(1)
Includes amortization of discount related to indebtedness