EX-12.1 4 ca-ex121_20130331xq4.htm STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES CA-EX12.1_2013.03.31-Q4


Exhibit 12.1
CA, Inc.
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
 
 
 
Fiscal Year
 
 
2009
 
2010
 
2011
 
2012
 
2013
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes, minority interest and discontinued operations
 
$
1,049

 
$
1,152

 
$
1,209

 
$
1,354

 
$
1,318

Add: Fixed charges
 
191

 
156

 
121

 
123

 
107

Total earnings available for fixed charges
 
$
1,240

 
$
1,308

 
$
1,330

 
$
1,477

 
$
1,425

Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest expense(1)
 
$
130

 
$
102

 
$
68

 
$
64

 
$
64

Interest portion of rental expense
 
61

 
54

 
53

 
59

 
43

Total fixed charges
 
$
191

 
$
156

 
$
121

 
$
123

 
$
107

RATIOS OF EARNINGS TO FIXED CHARGES
 
6.49

 
8.38

 
10.99

 
12.01

 
13.32

Deficiency of earnings to fixed charges
 
n/a

 
n/a

 
n/a

 
n/a

 
n/a

 
(1)
Includes amortization of discount related to indebtedness