EX-12 5 cag-10q2ex12.htm EXHIBIT 12
Exhibit 12
Conagra Brands, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
($ in millions)

| Twenty-six weeks ended
November 26, 2017
Earnings: |
Income from continuing operations before income taxes and equity method investment earnings | $ | 556.6 |
Add (deduct): |
Fixed charges | 89.1 |
Distributed income of equity method investees | — |
Capitalized interest | (2.2 | )
Earnings available for fixed charges (a) | $ | 643.5 |
Fixed charges: |
Interest expense | $ | 76.3 |
Capitalized interest | 2.2 |
One third of rental expense (1) | 10.6 |
Total fixed charges (b) | $ | 89.1 |
Ratio of earnings to fixed charges (a/b) | 7.2 |

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