EX-12.1 2 ex-121ratioofearningstofix.htm RATIO OF EARNINGS TO FIXED CHARGES Exhibit


Exhibit 12.1

ELECTRONIC ARTS INC. AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Years Ended March 31,
 
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings
 
 
 
 
 
 
 
 
 
 
Earnings before provision for (benefit from) income taxes
 
$
1,210

 
$
877

 
$
925

 
$
7

 
$
139

Fixed charges
 
63

 
45

 
54

 
53

 
53

Total earnings (1)
 
$
1,273

 
$
922

 
$
979

 
$
60

 
$
192

 
 
 
 
 
 
 
 
 
 
 
Fixed Charges
 
 
 
 
 
 
 
 
 
 
Interest component of rental expense
 
$
16

 
$
17

 
$
23

 
$
23

 
$
24

Interest expense
 
47

 
28

 
31

 
30

 
29

Total fixed charges
 
$
63

 
$
45

 
$
54

 
$
53

 
$
53

 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
20.2

 
20.5

 
18.1

 
1.1

 
3.6

 
 
 
 
 
 
 
 
 
 
 
(1) For purposes of computing our ratio of earnings to fixed charges, earnings consist of our pre-tax income from continuing operations plus fixed charges. Fixed charges consist of interest expensed, plus an estimate of the interest within rental expense. Fixed charges exclude interest associated with uncertain tax positions, which is recorded within income tax expense.