EX-12.1 3 ex-121q419.htm EXHIBIT 12.1 Exhibit


EXHIBIT 12.1

MAXIM INTEGRATED PRODUCTS, INC.
Statement of Ratio of Income to Fixed Charges
(Dollar amounts in millions)
 
 
Years ended
 
 
June 29,
2019
 
June 30,
2018
 
June 24,
2017
 
June 25,
2016
 
June 27,
2015
 
 
 
 
 
 
 
 
 
 
 
Income before provision for income taxes
 
$
754.4

 
$
824.9

 
$
679.6

 
$
285.1

 
$
246.2

 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
Interest portion of rental expense
 
$
0.5

 
$
0.5

 
$
0.6

 
$
0.5

 
$
0.5

Interest expense
 
43.5

 
50.2

 
34.3

 
32.7

 
32.5

Amortized premiums, discounts and capitalized expenses related to the debt
 
2.1

 
2.9

 
2.4

 
2.4

 
2.4

Total fixed charges
 
$
46.1

 
$
53.6

 
$
37.3

 
$
35.6

 
$
35.4

 
 
 
 
 
 
 
 
 
 
 
Ratio of income to fixed charges
 
17x
 
16x
 
20x
 
9x
 
8x