0001193125-16-470856.txt : 20160222 0001193125-16-470856.hdr.sgml : 20160222 20160222084709 ACCESSION NUMBER: 0001193125-16-470856 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160222 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160222 DATE AS OF CHANGE: 20160222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CISCO SYSTEMS, INC. CENTRAL INDEX KEY: 0000858877 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770059951 STATE OF INCORPORATION: CA FISCAL YEAR END: 0728 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18225 FILM NUMBER: 161443690 BUSINESS ADDRESS: STREET 1: 170 WEST TASMAN DR CITY: SAN JOSE STATE: CA ZIP: 95134-1706 BUSINESS PHONE: 4085264000 MAIL ADDRESS: STREET 1: 170 WEST TASMAN DR CITY: SAN JOSE STATE: CA ZIP: 95134-1706 FORMER COMPANY: FORMER CONFORMED NAME: CISCO SYSTEMS INC DATE OF NAME CHANGE: 19920703 8-K 1 d125348d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): February 22, 2016

 

 

CISCO SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

California   0-18225   77-0059951

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

170 West Tasman Drive, San Jose, California   95134-1706
(Address of principal executive offices)   (Zip Code)

(408) 526-4000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01. Other Events

This Current Report on Form 8-K (this “Report”) is filed for the purpose of filing the attached exhibit in connection with Registration Statement No. 333-194090.

Cisco’s Computation of Ratio of Earnings to Fixed Charges for the six months ended January 23, 2016 and each of the five fiscal years in the five-year period ended July 25, 2015 is filed as Exhibit 12.1 of this Report, and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit
Number

   

Description of Document

12.1    Computation of Ratio of Earnings to Fixed Charges.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      CISCO SYSTEMS, INC.
Dated: February 22, 2016     By:  

/s/ Evan Sloves

    Name:   Evan Sloves
    Title:   Secretary

EXHIBIT INDEX

 

Exhibit
Number

   

Description of Document

12.1    Computation of Ratio of Earnings to Fixed Charges.
 EX-12.1 2 d125348dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

Cisco Systems, Inc.

Ratio of earnings to fixed charges

(in millions except for ratio of earnings to fixed charges)

 

     Six Months
Ended		      Year
Ended		     Year
Ended		      Year
Ended		      Year
Ended		      Year
Ended		  
     January 23,      July 25,     July 26,      July 27,      July 28,      July 30,  
     2016      2015     2014      2013      2012      2011  

Earnings(a)

                 

Income before provision for income taxes

    $ 6,443       $ 11,201      $ 9,715       $ 11,227       $ 10,159       $ 7,825   

Losses attributable to VCE

      —           47        223         183         160         76   

Gain on VCE reorganization

      —           (126 )      —           —           —           —     

Fixed charges(b)

    $ 378       $ 684        688         708         717         756   
  

 

 

     

 

 

    

 

 

     

 

 

     

 

 

     

 

 

  

Total Earnings

    $ 6,821       $ 11,806      $ 10,626       $ 12,118       $ 11,036       $ 8,657   
  

 

 

     

 

 

    

 

 

     

 

 

     

 

 

     

 

 

  

Fixed charges(b)

    $ 378       $ 684      $ 688       $ 708       $ 717       $ 756   
  

 

 

     

 

 

    

 

 

     

 

 

     

 

 

     

 

 

  

RATIO OF EARNINGS TO FIXED CHARGES

      18x         17x        15x         17x         15x         11x   

 

(a) “Earnings” represent our income before provision for income taxes, plus (i) our share of losses attributable to our equity method investment in VCE Company, LLC (“VCE”) through October 2014, at which time we ceased to account for the VCE investment under the equity method, and a gain in connection with the VCE reorganization which was completed in the second quarter of fiscal 2015 and (ii) our fixed charges.
(b) “Fixed charges” represent interest expense plus an estimate of the interest within rental expense. Interest expense within the provision for income taxes is not included in interest expense. The estimate of the interest within rental expense was calculated by using 30 percent of the rental expense, which Cisco Systems, Inc. believes is a reasonable approximation of the interest component of rental expense.