EX-12 3 cag-08x30x2015x10q1ex12.htm EXHIBIT 12
Exhibit 12
ConAgra Foods, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)

| Thirteen Weeks Ended
August 30, 2015
Earnings: |
Income from continuing operations before income taxes and equity method investment earnings | $ | 215.1 |
Add (deduct): |
Fixed charges | 101.5 |
Distributed income of equity method investees | 3.1 |
Capitalized interest | (2.0 | )
Earnings available for fixed charges (a) | $ | 317.7 |
Fixed charges: |
Interest expense | $ | 80.5 |
Capitalized interest | 2.0 |
One third of rental expense (1) | 19.0 |
Total fixed charges (b) | $ | 101.5 |
Ratio of earnings to fixed charges (a/b) | 3.1 |

(1) Considered to be representative of interest factor in rental expense.