EX-12.01 3 ex12_01.htm EXHIBIT 12.01

Exhibit 12.01
 
 
 
   
Year Ended Dec. 31
 
 
 
6/30/2013
   
2012
   
2011
   
2010
   
2009
   
2008
 
Earnings, as defined:
 
   
   
   
   
   
 
Pretax income from operations
 
$
332,219
   
$
690,620
   
$
625,164
   
$
628,901
   
$
493,725
   
$
506,424
 
Add: Fixed charges
   
119,075
     
254,443
     
253,867
     
233,604
     
224,041
     
199,739
 
Total earnings, as defined
 
$
451,294
   
$
945,063
   
$
879,031
   
$
862,505
   
$
717,766
   
$
706,163
 
 
                                               
Fixed charges, as defined:
                                               
Interest charges
 
$
84,619
   
$
188,094
   
$
186,885
   
$
171,945
   
$
166,212
   
$
154,313
 
Interest charges on life insurance policy borrowings
   
133
     
310
     
332
     
372
     
324
     
248
 
Interest component of leases
   
34,323
     
66,039
     
66,650
     
61,287
     
57,505
     
45,178
 
Total fixed charges, as defined
 
$
119,075
   
$
254,443
   
$
253,867
   
$
233,604
   
$
224,041
   
$
199,739
 
Ratio of earnings to fixed charges
   
3.8
     
3.7
     
3.5
     
3.7
     
3.2
     
3.5