EX-12 2 rbc-2018630xex12.htm EXHIBIT 12 Exhibit


EXHIBIT 12

REGAL BELOIT CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
 
Six Months Ended
 
Years Ended
 
June 30,
 
December 30,
 
December 31,
 
January 2,
 
January 3,
 
December 28,
 
2018
 
2017
 
2016
 
2016
 
2015
 
2013
Earnings Available for Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
Income Before Taxes
$
160.6

 
$
277.2

 
$
266.4

 
$
196.9

 
$
90.3

 
$
170.5

Interest Expense
27.2

 
56.1

 
58.7

 
60.2

 
39.1

 
42.4

Estimated Interest Component of Rental Expense
8.0

 
15.5

 
14.1

 
15.0

 
12.8

 
13.1

Total Earnings Available for Fixed Charges
$
195.8

 
$
348.8

 
$
339.2

 
$
272.1

 
$
142.2

 
$
226.0

 


 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
$
27.2

 
$
56.1

 
$
58.7

 
$
60.2

 
$
39.1

 
$
42.4

Estimated Interest Component of Rental Expense
8.0

 
15.5

 
14.1

 
15.0

 
12.8

 
13.1

Total Fixed Charges
$
35.2

 
$
71.6

 
$
72.8

 
$
75.2

 
$
51.9

 
$
55.5

Ratio of Earnings to Fixed Charges
5.6

 
4.9

 
4.7

 
3.6

 
2.7

 
4.1