EX-12.1 4 d284181dex121.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement regarding Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

EMC CORPORATION

STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

    Year Ended December 31,  
    2011     2010     2009     2008     2007  

Computation of Earnings:

         

Income before provision for taxes and cumulative effect of a change in accounting principle

  $ 3,249,270     $ 2,607,983     $ 1,374,576     $ 1,600,225     $ 1,962,631  

Fixed charges

    271,753       267,992       280,664       272,602       258,058  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total earnings

  $ 3,521,023     $ 2,875,975     $ 1,655,240     $ 1,872,827     $ 2,220,689  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Computation of Fixed Charges:

         

Interest expense

  $ 170,466     $ 178,345     $ 182,499     $ 176,355     $ 169,794  

Estimate of interest within rental expense(1)

     101,287       89,647       98,165       96,247       88,264  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total fixed charges

  $ 271,753     $ 267,992     $ 280,664     $ 272,602     $ 258,058  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Ratio of Earnings to Fixed Charges

     12.96x        10.73x        5.90x        6.87x        8.61x   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

(1)

Estimate of interest within rental expense is calculated under the assumption that 1/3 of rent expense is representative of interest costs.