EX-12.1 2 a11-25333_1ex12d1.htm EX-12.1

Exhibit 12.1

 

Hospira, Inc.

 

Computation of Ratio of Earnings to Fixed Charges

 

(Unaudited)

 

(dollars in millions except ratios)

 

 

 

Nine Months Ended
September 30, 2011

 

Income from Continuing Operations Before Taxes

 

$

204.4

 

Add:

 

 

 

One-third of rents

 

7.0

 

Interest on long-term and short-term debt

 

70.7

 

Interest capitalized, net of amortization

 

4.2

 

 

 

 

 

Earnings from Continuing Operations

 

$

286.3

 

 

 

 

 

Fixed charges:

 

 

 

One-third of rents

 

$

7.0

 

Interest on long-term and short-term debt

 

70.7

 

Interest capitalized

 

8.8

 

 

 

 

 

Fixed Charges from Continuing Operations

 

$

86.5

 

 

 

 

 

Ratio of Earnings to Fixed Charges from Continuing Operations

 

3.3

 

 

For purposes of computing this ratio, “earnings” consist of income from continuing operations before taxes, one-third of rents (deemed by Hospira to be representative of the interest factor inherent in rents), interest expense and interest capitalized, net of amortization.  “Fixed charges” consist of one-third of rents, interest expense and interest capitalized.