EX-12 8 0008.txt EXHIBIT 12 EXHIBIT 12
THE BLACK & DECKER CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Millions of Dollars Except Ratios) Three Months Ended Nine Months Ended October 1, 2000 October 1, 2000 ------------------ ----------------- EARNINGS: Earnings before income taxes $ 123.3 $ 329.3 Interest expense 37.2 108.3 Portion of rent expense representative of an interest factor 6.9 20.7 -------- -------- Adjusted earnings before taxes and fixed charges $ 167.4 $ 458.3 ======== ======== FIXED CHARGES: Interest expense $ 37.2 $ 108.3 Portion of rent expense representative of an interest factor 6.9 20.7 -------- -------- Total fixed charges $ 44.1 $ 129.0 ======== ======== RATIO OF EARNINGS TO FIXED CHARGES 3.80 3.55 ======== ========