EX-12.1 15 dex121.htm RATIO OF EARNINGS TO FIXED CHARGES Ratio of Earnings to Fixed Charges

Exhibit 12.1

SUPERVALU INC.

Ratio of Earnings to Fixed Charges

(unaudited)

 

     Fiscal years ended  
    

February 24,

2007

  

February 25,

2006

  

February 26,

2005

  

February 28,

2004

   

February 22,

2003

 
     (In millions, except ratios)  

Earnings before income taxes

   $ 747    $ 329    $ 601    $ 455     $ 408  

Less undistributed earnings of less than fifty percent owned affiliates

     5      12      3      (16 )     (16 )
                                     

Earnings before income taxes

     752      341      604      439       392  

Interest expense

     600      139      138      166       182  

Interest on operating leases

     155      48      44      44       45  
                                     

Subtotal

     1,507      528      786      649       619  
                                     

Total fixed charges

   $ 755    $ 187    $ 183    $ 210     $ 227  
                                     

Ratio of earnings to fixed charges

     2.00      2.82      4.30      3.09       2.72