C. R. BARD, INC. AND SUBSIDIARIES
Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges
(dollars in millions) | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | ||||||||||||||||||
Earnings before taxes |
$ | 347.6 | $ | 449.6 | $ | 414.2 | $ | 223.2 | $ | 211.0 | $ | 204.9 | ||||||||||||
Add(Deduct): |
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Fixed charges |
21.8 | 17.3 | 17.7 | 17.9 | 17.4 | 19.1 | ||||||||||||||||||
Undistributed earnings of less than 50% owned companies carried at equity |
(0.2 | ) | (3.6 | ) | (2.4 | ) | (2.0 | ) | (1.1 | ) | (2.0 | ) | ||||||||||||
Earnings available for fixed charges |
$ | 369.2 | $ | 463.3 | $ | 429.5 | $ | 239.1 | $ | 227.3 | $ | 222.0 | ||||||||||||
Fixed charges: |
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Interest, including amounts capitalized |
$ | 16.9 | $ | 12.2 | $ | 12.7 | $ | 12.5 | $ | 12.6 | $ | 14.2 | ||||||||||||
Proportion of rent expense deemed to represent interest factor |
4.9 | 5.1 | 5.0 | 5.4 | 4.8 | 4.9 | ||||||||||||||||||
Fixed charges |
$ | 21.8 | $ | 17.3 | $ | 17.7 | $ | 17.9 | $ | 17.4 | $ | 19.1 | ||||||||||||
Ratio of earnings to fixed charges |
16.94 | 26.78 | 24.27 | 13.36 | 13.06 | 11.62 | ||||||||||||||||||
Exhibit 12.1