EX-12.1 4 exhibit121statementregardi.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12.1 Statement Regarding Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

EMC CORPORATION
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
  
 
 
 
 
 
 
 
 
 
 
  
 
Year Ended December 31,
  
 
2012
 
2011
 
2010
 
2009
 
2008
Computation of Earnings: 
 
 
 
 
 
 
 
 
 
 
Income before provision for taxes and cumulative effect of a change in accounting principle
 
 
 
 
 
 
 
 
 
 
 
$3,803,615
 
$3,249,270
 
$2,607,983
 
$1,374,576
 
$1,600,225
Fixed charges    
 
181,518
 
271,753
 
267,992
 
280,664
 
272,602
Total earnings    
 
$3,985,133
 
$3,521,023
 
$2,875,975
 
$1,655,240
 
$1,872,827
  
 
 
 
 
 
 
 
 
 
 
Computation of Fixed Charges: 
 
 
 
 
 
 
 
 
 
 
Interest expense    
 
$78,903
 
$170,466
 
$178,345
 
$182,499
 
$176,355
Estimate of interest within rental expense(1)   
 
102,615
 
101,287
 
89,647
 
98,165
 
96,247
Total fixed charges    
 
$181,518
 
$271,753
 
$267,992
 
$280,664
 
$272,602
  
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges    
 
21.95x
 
12.96x
 
10.73x
 
5.90x
 
6.87x
  
 
 
 
 
 
 
 
 
 
 
(1) Estimate of interest within rental expense is calculated under the assumption that 1/3 of rent expense is representative of interest costs.