EX-12.01 5 ebayq3201410qex1201.htm RATIO OF EARNINGS TO FIXED CHARGES eBay Q3 2014 10Q Ex12.01


Exhibit 12.01
eBay Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions, except ratio data)

 
Nine Months Ended September 30,
 
 
2014
 
2013
 
Income Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Method Investees
$
2,500

 
$
2,449

 
Add: Fixed Charges (1)
128

 
122

 
Earnings (2)
$
2,628

 
$
2,571

 
Fixed Charges (1)
$
128

 
$
122

 
Ratio of Earnings to Fixed Charges
20.5

x
21.1

x

(1)
Fixed Charges consist of interest expense and our estimate of an appropriate portion of rentals representative of the interest factor. The estimate of interest within rental expense is estimated to be one-third of rental expense.
(2)
Earnings consist of income before income taxes, noncontrolling interest and equity in income or losses of equity method investees plus Fixed Charges.