Attached files
file | filename |
---|---|
10-K - 10-K - DUPONT E I DE NEMOURS & CO | dd-12312015x10k.htm |
EX-23 - EX-23 - DUPONT E I DE NEMOURS & CO | dd-12312015xex23.htm |
EX-21 - EX-21 - DUPONT E I DE NEMOURS & CO | dd-12312015xex21.htm |
EX-32.1 - EX-32.1 - DUPONT E I DE NEMOURS & CO | dd-12312015xex321.htm |
EX-31.2 - EX-31.2 - DUPONT E I DE NEMOURS & CO | dd-12312015xex312.htm |
EX-32.2 - EX-32.2 - DUPONT E I DE NEMOURS & CO | dd-12312015xex322.htm |
EX-10.20 - EX-10.20 - DUPONT E I DE NEMOURS & CO | dd-12312015xex1020.htm |
EX-10.21 - EX-10.21 - DUPONT E I DE NEMOURS & CO | dd-12312015xex1021.htm |
EX-10.10 - EX- 10.10 - DUPONT E I DE NEMOURS & CO | dd-12312015xex1010.htm |
EX-31.1 - EX-31.1 - DUPONT E I DE NEMOURS & CO | dd-12312015xex311.htm |
Exhibit 12
E. I. DU PONT DE NEMOURS AND COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Income from continuing operations before income taxes | $ | 2,591 | $ | 4,313 | $ | 2,566 | $ | 1,290 | $ | 1,715 | ||||||||||
Adjustment for companies accounted for by the equity method | 39 | 150 | 63 | (12) | (52) | |||||||||||||||
Less: Capitalized interest | (70) | (56) | (39) | (37) | (46) | |||||||||||||||
Add: Amortization of capitalized interest | 32 | 36 | 36 | 37 | 36 | |||||||||||||||
2,592 | 4,443 | 2,626 | 1,278 | 1,653 | ||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest and debt expense | 322 | 377 | 448 | 464 | 447 | |||||||||||||||
Capitalized interest | 70 | 56 | 39 | 37 | 46 | |||||||||||||||
Rental expense representative of interest factor | 107 | 108 | 101 | 121 | 103 | |||||||||||||||
499 | 541 | 588 | 622 | 596 | ||||||||||||||||
Total adjusted earnings available for payment of fixed charges | $ | 3,091 | $ | 4,984 | $ | 3,214 | $ | 1,900 | $ | 2,249 | ||||||||||
Number of times fixed charges earned | 6.2 | 9.2 | 5.5 | 3.1 | 3.8 |