Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - CONOCOPHILLIPS | Financial_Report.xls |
EX-31.1 - EX-31.1 - CONOCOPHILLIPS | d813696dex311.htm |
EX-10.1 - EX-10.1 - CONOCOPHILLIPS | d813696dex101.htm |
EX-32 - EX-32 - CONOCOPHILLIPS | d813696dex32.htm |
10-Q - 10-Q - CONOCOPHILLIPS | d813696d10q.htm |
EX-31.2 - EX-31.2 - CONOCOPHILLIPS | d813696dex312.htm |
Exhibit 12
CONOCOPHILLIPS AND CONSOLIDATED SUBSIDIARIES
TOTAL ENTERPRISE
Computation of Ratio of Earnings to Fixed Charges
Millions of Dollars | ||||||||
Nine Months Ended September 30 |
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2014 | 2013 | |||||||
|
|
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Earnings Available for Fixed Charges |
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Income from continuing operations before income taxes and noncontrolling interests that have not incurred fixed charges |
$ | 9,656 | 11,844 | |||||
Distributions greater (less) than equity in earnings of affiliates |
334 | * | (585 | ) | ||||
Fixed charges, excluding capitalized interest** |
614 | 548 | ||||||
|
||||||||
$ | 10,604 | 11,807 | ||||||
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Fixed Charges |
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Interest and debt expense, excluding capitalized interest |
$ | 475 | 420 | |||||
Capitalized interest |
372 | 538 | ||||||
Interest portion of rental expense |
57 | 50 | ||||||
|
||||||||
$ | 904 | 1,008 | ||||||
|
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Ratio of Earnings to Fixed Charges |
11.7 | 11.7 | ||||||
|
* | Includes a significant distribution from a Canadian joint venture. |
** | Includes amortization of capitalized interest totaling approximately $82 million in 2014 and $78 million in 2013. |