EX-12 3 cag10q3ex12.htm EXHIBIT 12
Exhibit 12
ConAgra Foods, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)

| Thirty-nine weeks ended
February 28, 2016
Earnings: |
Income from continuing operations before income taxes and equity method investment earnings | $ | 673.4 |
Add (deduct): |
Fixed charges | 284.1 |
Distributed income of equity method investees | 75.1 |
Capitalized interest | (4.8 | )
Earnings available for fixed charges (a) | $ | 1,027.8 |
Fixed charges: |
Interest expense | $ | 237.6 |
Capitalized interest | 4.8 |
One third of rental expense (1) | 41.7 |
Total fixed charges (b) | $ | 284.1 |
Ratio of earnings to fixed charges (a/b) | 3.6 |

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