Fiscal Year Ended | ||||||||

February 25, | February 26, | |||||||

2006 | 2005 | |||||||

(Dollars in thousands) | ||||||||

Earnings: |
||||||||

Income before income taxes |
$ | 318,376 | $ | 306,386 | ||||

Add: |
||||||||

Interest on indebtedness |
30,793 | 19,213 | ||||||

Equity income, net of distributions |
582 | 3,461 | ||||||

Minority losses |
1,673 | 3,799 | ||||||

Portion of rents representative of the
interest factor |
1,151 | 1,259 | ||||||

Amortization of capitalized interest |
780 | 686 | ||||||

Earnings available for fixed charges |
$ | 353,355 | $ | 334,804 | ||||

Fixed charges: |
||||||||

Interest on indebtedness |
30,793 | 19,213 | ||||||

Portion of rents representative of the
interest factor |
1,151 | 1,259 | ||||||

Capitalized interest |
176 | 1,195 | ||||||

Total fixed charges |
$ | 32,120 | $ | 21,667 | ||||

Ratio of earnings to fixed charges |
11.00 | 15.45 | ||||||