EX-12 4 g23399exv12.htm EX-12 exv12
Exhibit 12
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
                         
    Year Ended  
    July 2,
 		    July 3,
 		    June 27,
 		 
    2010     2009     2008  
    (In millions except ratios)  
 
Earnings:
                       
Income from continuing operations before income taxes
  $ 840.3     $ 485.3     $ 667.5  
Plus: Fixed Charges
    79.9       59.2       64.3  
Amortization of Capitalized Interest
    —       —       —  
Less: Interest Capitalized During the Period
    (0.5 )     (0.2 )     (0.1 )
Undistributed Earnings in Equity Investments
    —       —       —  
                         
    $ 919.7     $ 544.3     $ 731.7  
                         
Fixed Charges:
                       
Interest Expense
  $ 72.1     $ 52.8     $ 53.1  
Plus: Capitalized Interest
    0.5       0.2       0.1  
Interest Portion of Rental Expense
    7.3       6.2       11.1  
                         
    $ 79.9     $ 59.2     $ 64.3  
                         
Ratio of Earnings to Fixed Charges
    11.51       9.19       11.38