Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - ABBOTT LABORATORIES | a09-28494_110q.htm |
| EX-2.1 - EX-2.1 - ABBOTT LABORATORIES | a09-28494_1ex2d1.htm |
| EX-32.1 - EX-32.1 - ABBOTT LABORATORIES | a09-28494_1ex32d1.htm |
| EX-31.2 - EX-31.2 - ABBOTT LABORATORIES | a09-28494_1ex31d2.htm |
| EX-31.1 - EX-31.1 - ABBOTT LABORATORIES | a09-28494_1ex31d1.htm |
| EX-32.2 - EX-32.2 - ABBOTT LABORATORIES | a09-28494_1ex32d2.htm |
| EXCEL - IDEA: XBRL DOCUMENT - ABBOTT LABORATORIES | Financial_Report.xls |
Exhibit 12
Abbott Laboratories
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(dollars in millions)
|
|
|
Nine Months Ended |
|
|
|
|
|
September 30 2009 |
|
|
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Net Earnings |
|
$ |
4,207 |
|
|
Add (deduct): |
|
|
|
|
|
Taxes on earnings |
|
1,164 |
|
|
|
Capitalized interest cost, net of amortization |
|
(6 |
) |
|
|
Noncontrolling interests |
|
5 |
|
|
|
|
|
|
|
|
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Earnings from Operations, as adjusted |
|
5,370 |
|
|
|
|
|
|
|
|
|
Fixed Charges: |
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|
|
|
|
Interest on long-term and short-term debt |
|
396 |
|
|
|
Capitalized interest cost |
|
20 |
|
|
|
Rental expense representative of an interest factor |
|
69 |
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|
|
|
|
|
|
|
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Total Fixed Charges |
|
485 |
|
|
|
|
|
|
|
|
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Total adjusted earnings available for payment of fixed charges |
|
$ |
5,855 |
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|
|
|
|
|
|
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Ratio of earnings to fixed charges |
|
12.1 |
|
|
NOTE: For the purpose of calculating this ratio, (i) earnings have been calculated by adjusting earnings for taxes on earnings; interest expense; capitalized interest cost, net of amortization; noncontrolling interests; and the portion of rentals representative of the interest factor, (ii) Abbott considers one-third of rental expense to be the amount representing return on capital, and (iii) fixed charges comprise total interest expense, including capitalized interest and such portion of rentals.