EX-12 4 g02416exv12.htm EX-12 STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EX-12 Statement re: computation of ratio earnings
 

Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
                         
    Year Ended
     
    June 30,   July 1,   July 2,
    2006   2005   2004
             
    (In millions except ratios)
Earnings:
                        
Net Income
   $ 237.9     $ 202.2     $ 132.8  
Plus: Income Taxes
     142.9       96.2       62.6  
        Fixed Charges
     46.7       33.0       31.4  
        Amortization of Capitalized Interest
     —       —       —  
Less: Interest Capitalized During the Period
     —       —       —  
        Undistributed Earnings in Equity Investments
     —       —       —  
                   
    $ 427.5     $ 331.4     $ 226.8  
                   
Fixed Charges:
                        
Interest Expense
   $ 36.5     $ 24.0     $ 24.5  
Plus: Capitalized Interest
     —       —       —  
        Interest Portion of Rental Expense
     10.2       9.0       6.9  
                   
    $ 46.7     $ 33.0     $ 31.4  
                   
Ratio of Earnings to Fixed Charges
     9.15       10.04       7.22