EX-12.1 8 a12-7691_1ex12d1.htm EX-12.1

Exhibit 12.1

 

Hospira, Inc.

 

Computation of Ratio of Earnings to Fixed Charges

 

(Unaudited)

 

(dollars in millions except ratios)

 

 

 

Three Months Ended

 

 

 

March 31, 2012

 

Income from Continuing Operations Before Taxes

 

$

23.1

 

Add:

 

 

 

One-third of rents

 

3.1

 

Interest expense

 

22.2

 

Amortization of capitalized interest

 

1.7

 

 

 

 

 

Earnings from Continuing Operations

 

$

50.1

 

 

 

 

 

Fixed charges:

 

 

 

One-third of rents

 

$

3.1

 

Interest expense

 

22.2

 

Interest capitalized

 

4.0

 

 

 

 

 

Fixed Charges from Continuing Operations

 

$

29.3

 

 

 

 

 

Ratio of Earnings to Fixed Charges from Continuing Operations

 

1.7

 

 

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 amortization of capitalized interest.  “Fixed charges” consist of one-third of rents, interest expense and interest capitalized.