EX-12.1 4 a10-12548_1ex12d1.htm EX-12.1

Exhibit 12.1

 

Hospira, Inc.

 

Computation of Ratio of Earnings to Fixed Charges

 

(Unaudited)

 

(dollars in millions except ratios)

 

 

 

Six Months
Ended June
30, 2010

 

Income from Continuing Operations Before Taxes

 

$

278.8

 

Add:

 

 

 

One-third of rents

 

4.3

 

Interest on long-term and short-term debt

 

47.6

 

Interest capitalized, net of amortization

 

0.8

 

 

 

 

 

Earnings from Continuing Operations

 

$

331.5

 

 

 

 

 

Fixed charges:

 

 

 

One-third of rents

 

$

4.3

 

Interest on long-term and short-term debt

 

47.6

 

Interest capitalized

 

3.6

 

 

 

 

 

Fixed Charges from Continuing Operations

 

$

55.5

 

 

 

 

 

Ratio of Earnings to Fixed Charges from Continuing Operations

 

6.0

 

 

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.