EX-12 3 cag10q1ex12.htm EXHIBIT 12
Exhibit 12
ConAgra Foods, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)

| Thirteen Weeks Ended
August 28, 2016
Earnings: |
Income from continuing operations before income taxes and equity method investment earnings | $ | 383.6 |
Add (deduct): |
Fixed charges | 76.4 |
Distributed income of equity method investees | 14.6 |
Capitalized interest | (2.2 | )
Earnings available for fixed charges (a) | $ | 472.4 |
Fixed charges: |
Interest expense | $ | 59.8 |
Capitalized interest | 2.2 |
One third of rental expense (1) | 14.4 |
Total fixed charges (b) | $ | 76.4 |
Ratio of earnings to fixed charges (a/b) | 6.2 |

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