COLGATE PALMOLIVE CO - FORM 10-Q - EX-12 - EXHIBIT 12 - April 28, 2016

Attached files

file filename
10-Q - 10-Q - COLGATE PALMOLIVE COcl-3312016x10q.htm
EX-32 - EXHIBIT 32 - COLGATE PALMOLIVE COexhibit32_33116xq116.htm
EX-31.B - EXHIBIT 31.B - COLGATE PALMOLIVE COexhibit31b_33116xq116.htm
EX-31.A - EXHIBIT 31.A - COLGATE PALMOLIVE COexhibit31a_33116xq116.htm
EX-10 - EXHIBIT 10 - COLGATE PALMOLIVE COexhibit10_33116xq116.htm


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Three Months Ended
March 31, 2016
Earnings:
 
Income before income taxes
$
839

Add:
 
Fixed charges
58

Less:
 
Income from equity investees
(2
)
Capitalized interest
(2
)
Income as adjusted
$
893

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
38

Portion of rents representative of interest factor
18

Capitalized interest
2

Total Fixed Charges
$
58

Ratio of earnings to fixed charges
15.4






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