EMC 2010 Annual Report Download - page 173

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Exhibit 12.1
EMC CORPORATION
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31,
2010 2009 2008 2007 2006
Computation of Earnings:
Income before provision for taxes and cumulative effect of a change in accounting principle $2,607,983 $1,374,576 $1,600,225 $1,962,631 $1,378,518
Fixed charges 267,992 280,664 272,602 258,058 120,593
Total earnings $2,875,975 $1,655,240 $1,872,827 $2,220,689 $1,499,111
Computation of Fixed Charges:
Interest expense $ 178,345 $ 182,499 $ 176,355 $ 169,794 $ 45,623
Estimate of interest within rental expense(1) 89,647 98,165 96,247 88,264 74,970
Total fixed charges $ 267,992 $ 280,664 $ 272,602 $ 258,058 $ 120,593
Ratio of Earnings to Fixed Charges 10.7x 5.90x 6.87x 8.61x 12.43x
(1) Estimate of interest within rental expense is calculated under the assumption that 1/3 of rent expense is representative of interest costs.