EX-12 2 dex12.htm EARNINGS TO FIXED CHARGES Earnings to Fixed Charges

EXHIBIT 12

COCA-COLA ENTERPRISES, INC.

EARNINGS TO FIXED CHARGES

(in millions; except ratios)

 

     First Quarter  
     2011      2010  

Computation of Earnings:

      

Income before income taxes

    $ 144       $ 146   

Add:

      

Interest expense

      20         17   

Interest portion of rent expense

      8         7   
                 

Earnings as adjusted

    $ 172       $ 170   
                 

Computation of Fixed Charges:

      

Interest expense

    $ 20       $ 17   

Interest portion of rent expense

      8         7   
                 

Fixed charges

    $ 28       $ 24   
                 

Ratio of Earnings to Fixed Charges (A)

      6.24         7.06   
                 

 

(A)

Ratios were calculated prior to rounding to millions.