EX-12.1 2 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

EXHIBIT 12.1

C. R. BARD, INC. AND SUBSIDIARIES

Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges

 

    Three  Months
Ended
March 31,
2011		     Years Ended December 31,  
      2010     2009     2008     2007     2006  
(dollars in millions)                                    

Earnings from continuing operations before taxes

   $ 184.0      $ 717.7      $ 671.5      $ 552.7      $ 579.4      $ 396.8   

Add (Deduct):

            

Fixed charges

     10.5        18.4        17.5        17.4        16.6        21.8   

Undistributed earnings of equity investments

     (0.1 )      (3.6 )      (2.3 )      (1.9 )      (0.7 )      (0.2 ) 
                                               

Earnings available for fixed charges

   $ 194.4      $ 732.5      $ 686.7      $ 568.2      $ 595.3      $ 418.4   
                                               

Fixed charges:

            

Interest, including amounts capitalized(1)

   $ 9.1      $ 12.7      $ 11.8      $ 12.1      $ 11.9      $ 16.9   

Proportion of rent expense deemed to represent interest factor

     1.4        5.7        5.7        5.3        4.7        4.9   
                                               

Fixed charges

   $ 10.5      $ 18.4      $ 17.5      $ 17.4      $ 16.6      $ 21.8   
                                               

Ratio of earnings to fixed charges

     18.51        39.81        39.24        32.66        35.86        19.19   
                                               

 

(1) Interest related to unrecognized tax benefits is included as income tax expense and not included in fixed charges.