EX-12.1 2 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

 

    Six  Months
Ended
June  30,
2011		     Years Ended December 31,  
      2010     2009     2008     2007     2006  
(dollars in millions)                                    

Earnings from continuing operations before taxes

   $ 186.7      $ 717.7      $ 671.5      $ 552.7      $ 579.4      $ 396.8   

Add (Deduct):

            

Fixed charges

     21.0        18.4        17.5        17.4        16.6        21.8   

Undistributed earnings of equity investments

     (0.9 )      (3.6 )      (2.3 )      (1.9 )      (0.7 )      (0.2 ) 
                                               

Earnings available for fixed charges

   $ 206.8      $ 732.5      $ 686.7      $ 568.2      $ 595.3      $ 418.4   
                                               

Fixed charges:

            

Interest, including amounts capitalized(1)

   $ 18.1      $ 12.7      $ 11.8      $ 12.1      $ 11.9      $ 16.9   

Proportion of rent expense deemed to represent interest factor

     2.9        5.7        5.7        5.3        4.7        4.9   
                                               

Fixed charges

   $ 21.0      $ 18.4      $ 17.5      $ 17.4      $ 16.6      $ 21.8   
                                               

Ratio of earnings to fixed charges

     9.85        39.81        39.24        32.66        35.86        19.19   
                                               

 

(1)

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