Attached files
file | filename |
---|---|
10-Q - COLGATE-PALMOLIVE CO 10-Q 9-30-2009 - COLGATE PALMOLIVE CO | form10-q.htm |
EX-32 - EXHIBIT 32 - COLGATE PALMOLIVE CO | ex32.htm |
EX-31.B - EXHIBIT 31-B - COLGATE PALMOLIVE CO | ex31_b.htm |
EX-31.A - EXHIBIT 31-A - COLGATE PALMOLIVE CO | ex31_a.htm |
EXHIBIT
12
COLGATE-PALMOLIVE
COMPANY
COMPUTATION
OF RATIO OF EARNINGS TO FIXED CHARGES AND
PREFERRED
DIVIDENDS
(Dollars
in Millions)
(Unaudited)
Nine
Months Ended
September 30, 2009
|
||||
Earnings:
|
||||
Income
before income taxes
|
$ | 2,565 | ||
Add:
|
||||
Interest
on indebtedness and amortization of debt expense and discount or
premium
|
64 | |||
Portion
of rents representative of interest factor
|
46 | |||
Less:
|
||||
Income
from equity investments
|
(4 | ) | ||
Income
as adjusted
|
$ | 2,671 | ||
Fixed
Charges:
|
||||
Interest
on indebtedness and amortization of debt expense and discount or
premium
|
64 | |||
Portion
of rents representative of interest factor
|
46 | |||
Capitalized
interest
|
8 | |||
Total
fixed charges
|
$ | 118 | ||
Preferred
Dividends:
|
||||
Dividends
on Preference Stock
|
$ | 27 | ||
Ratio
of earnings to fixed charges
|
22.6 | |||
Ratio
of earnings to fixed charges and preferred dividends
|
18.4 |