EX-12 4 cag-10q1ex12.htm EXHIBIT 12
Exhibit 12
Conagra Brands, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)

| Thirteen Weeks Ended
August 27, 2017
Earnings: |
Income from continuing operations before income taxes and equity method investment earnings | $ | 243.6 |
Add (deduct): |
Fixed charges | 43.8 |
Distributed income of equity method investees | — |
Capitalized interest | (1.2 | )
Earnings available for fixed charges (a) | $ | 286.2 |
Fixed charges: |
Interest expense | $ | 37.4 |
Capitalized interest | 1.2 |
One third of rental expense (1) | 5.2 |
Total fixed charges (b) | $ | 43.8 |
Ratio of earnings to fixed charges (a/b) | 6.5 |

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