EX-12.1 4 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

EXHIBIT 12.1

C. R. BARD, INC. AND SUBSIDIARIES

Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges

 

     Nine
Months
Ended
September 30,
2010		     Year Ended December 31,  
     2009     2008     2007     2006     2005  
(dollars in millions)                                     

Earnings from continuing operations before taxes

    $ 540.9      $ 671.5      $ 552.7      $ 579.4      $ 396.8      $ 456.1   

Add (Deduct):

             

Fixed charges

      13.2        17.5        17.4        16.6        21.8        17.3   

Undistributed earnings of equity investments

      (2.3 )      (2.3 )      (1.9 )      (0.7 )      (0.2 )      (3.6 ) 
                                                

Earnings available for fixed charges

    $ 551.8      $ 686.7      $ 568.2      $ 595.3      $ 418.4      $ 469.8   
                                                

Fixed charges:

             

Interest, including amounts capitalized(1)

    $ 8.9      $ 11.8      $ 12.1      $ 11.9      $ 16.9      $ 12.2   

Proportion of rent expense deemed to represent interest factor

      4.3        5.7        5.3        4.7        4.9        5.1   
                                                

Fixed charges

    $ 13.2      $ 17.5      $ 17.4      $ 16.6      $ 21.8      $ 17.3   
                                                

Ratio of earnings to fixed charges

      41.80        39.24        32.66        35.86        19.19        27.16   
                                                

 

(1) Interest related to unrecognized tax benefits is included as income tax expense and not included in fixed charges.