Estee Lauder Companies Inc – ‘S-3/A’ on 11/5/99 – EX-12

On:  Friday, 11/5/99   ·   Accession #:  909518-99-638   ·   File #:  333-85947

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Pre-Effective Amendment to Registration Statement for Securities Offered Pursuant to a Transaction   —   Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3/A       Pre-Effective Amendment to Registration Statement     27    129K 
                          for Securities Offered Pursuant to a                   
                          Transaction                                            
 2: EX-1        Underwriting Agreement                                22     88K 
 3: EX-4        Instrument Defining the Rights of Security Holders   109    456K 
 4: EX-5        Opinion re: Legality                                   2     12K 
 5: EX-12       Statement re: Computation of Ratios                    1      9K 
 6: EX-23.1     Consent of Experts or Counsel                          1      6K 
 7: EX-25       Statement re: Eligibility of Trustee                   6     32K 

EX-12   —   Statement re: Computation of Ratios

                                                                      EXHIBIT 12
 THE ESTEE LAUDER COMPANIES INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(IN MILLIONS, EXCEPT RATIO DATA)

                                                        [Enlarge/Download Table]

                                        THREE MONTHS ENDED                                                                      
                                           SEPTEMBER 30                                  FISCAL YEARS                           
                                     -------------------------- ----------------------------------------------------------------
                                        1999          1998         1999         1998         1997         1996         1995     
                                        ----          ----         ----         ----         ----         ----         ----     
                                                                                                                                
FIXED CHARGES                                                                                                                   
   Interest expense                  $     7.1    $     7.6         $29.2        $17.8         $7.8        $12.2        $12.7   
   Rental expense                          6.5          5.7          22.7         22.7         20.3         20.1         17.4   
                                     ------------ ------------- ------------ ------------ ------------ ------------ ------------
Total fixed charges                                                                                                             
   before preferred                                                                                                             
   stock dividends                        13.6         13.3          51.9         40.5         28.1         32.3         30.1   
Preferred stock dividends                  9.4          9.5          37.7         39.0         40.3        103.0         47.2   
                                     ------------ ------------- ------------ ------------ ------------ ------------ ------------
      TOTAL FIXED CHARGES                 23.0         22.8          89.6         79.5         68.4        135.3         77.3   

EARNINGS AVAILABLE FOR                                                                                                          
   FIXED CHARGES:                                                                                                               
   Earnings                              131.1        115.5         440.2        402.8        362.9        313.0        233.0   
   Add fixed charges before                                                                                                     
   preferred stock                                                                                                              
   dividends                              13.6         13.3          51.9         40.5         28.1         32.3         30.1   
                                     ------------ ------------- ------------ ------------ ------------ ------------ ------------
Total earnings available                                                                                                        
   for fixed charges                   $ 144.7       $128.8        $492.1       $443.3       $391.0       $345.3       $263.1   
                                        ======       ======        ======       ======       ======       ======       ======   

Ratio of earnings to                                                                                                            
   fixed charges (1)                    6.29          5.65         5.49         5.58         5.71         2.55         3.40     
                                        ====          ====         ====         ====         ====         ====         ====     

(1)  The ratio of earnings to fixed charges has been computed by dividing                                                       
     earnings before income taxes and fixed charges before preferred stock                                                      
     dividends by the fixed charges. This ratio includes the earnings and fixed                                                 
     charges of The Estee Lauder Companies, Inc. and its consolidated                                                           
     subsidiaries; fixed charges consist of interest and related charges on                                                     
     debt, preferred stock dividends and the portion of rentals for real and                                                    
     personal properties in an amount deemed to be representative of the                                                        
     interest factor.                                                                                                           

8 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/14/24  Estee Lauder Companies Inc.       8-K:1,8,9   2/12/24   14:573K                                   Toppan Merrill/FA
 8/18/23  Estee Lauder Companies Inc.       10-K        6/30/23  158:26M
 5/12/23  Estee Lauder Companies Inc.       8-K:1,8,9   5/09/23   16:901K                                   Toppan Merrill/FA
 8/24/22  Estee Lauder Companies Inc.       10-K        6/30/22  161:35M
 8/27/21  Estee Lauder Companies Inc.       10-K        6/30/21  165:28M
 5/20/21  Estee Lauder Companies Inc.       S-3ASR      5/20/21    4:455K                                   Toppan Merrill/FA
 3/04/21  Estee Lauder Companies Inc.       8-K:1,8,9   3/01/21   14:673K                                   Toppan Merrill/FA
 8/28/20  Estee Lauder Companies Inc.       10-K        6/30/20  162:32M