Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PROCTER & GAMBLE Co | Financial_Report.xls |
| 10-Q - 10-Q - PROCTER & GAMBLE Co | q2-ond14quarterlyreport.htm |
| EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATIONS-CHIEF FINANCIAL OFFICER - PROCTER & GAMBLE Co | q2-ond14exhibit312.htm |
| EX-10.1 - FORMS OF SEPARATION AGREEMENT & RELEASE - PROCTER & GAMBLE Co | q2-ond14exhibit10x1.htm |
| EX-32.2 - SECTION 1350 CERTIFICATIONS-CHIEF FINANCIAL OFFICER - PROCTER & GAMBLE Co | q2-ond14exhibit322.htm |
| EX-32.1 - SECTION 1350 CERTIFICATIONS-CHIEF EXECUTIVE OFFICER - PROCTER & GAMBLE Co | q2-ond14exhibit321.htm |
| EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATIONS-CHIEF EXECUTIVE OFFICER - PROCTER & GAMBLE Co | q2-ond14exhibit311.htm |
| EX-10.3 - 2014 COMP PLAN-RELATED CORRESPONDENCE - PROCTER & GAMBLE Co | q2-ond14exhibit10x3.htm |
| EX-10.2 - 2014 COMP PLAN-ADDITIONAL TERMS & CONDITIONS - PROCTER & GAMBLE Co | q2-ond14exhibit10x2.htm |
EXHIBIT 12
THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Years Ended June 30 | Six Months Ended December 31 | ||||||||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | 2014 | 2013 | |||||||||||||||||||||
EARNINGS, AS DEFINED | |||||||||||||||||||||||||||
Earnings from operations before income taxes after eliminating undistributed earnings of equity method investees | $ | 14,320 | $ | 14,270 | $ | 12,111 | $ | 14,305 | $ | 13,948 | $ | 7,507 | $ | 8,028 | |||||||||||||
Fixed charges (excluding capitalized interest) | 928 | 899 | 1,000 | 1,052 | 1,167 | 437 | 461 | ||||||||||||||||||||
TOTAL EARNINGS, AS DEFINED | $ | 15,248 | $ | 15,169 | $ | 13,111 | $ | 15,357 | $ | 15,115 | $ | 7,944 | $ | 8,489 | |||||||||||||
FIXED CHARGES, AS DEFINED | |||||||||||||||||||||||||||
Interest expense (including capitalized interest) | $ | 789 | $ | 754 | $ | 844 | $ | 888 | $ | 1,014 | $ | 365 | $ | 392 | |||||||||||||
1/3 of rental expense | 174 | 171 | 176 | 170 | 176 | 82 | 87 | ||||||||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED | $ | 963 | $ | 925 | $ | 1,020 | $ | 1,058 | $ | 1,190 | $ | 447 | $ | 479 | |||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 15.8x | 16.4x | 12.9x | 14.5x | 12.7x | 17.8x | 17.7x | ||||||||||||||||||||