Attached files
| file | filename |
|---|---|
| EX-10.3 - EX-10.3 - CONOCOPHILLIPS | d141535dex103.htm |
| EX-10.4 - EX-10.4 - CONOCOPHILLIPS | d141535dex104.htm |
| EX-32 - EX-32 - CONOCOPHILLIPS | d141535dex32.htm |
| EX-31.2 - EX-31.2 - CONOCOPHILLIPS | d141535dex312.htm |
| EX-31.1 - EX-31.1 - CONOCOPHILLIPS | d141535dex311.htm |
| EX-10.5 - EX-10.5 - CONOCOPHILLIPS | d141535dex105.htm |
| EX-10.1 - EX-10.1 - CONOCOPHILLIPS | d141535dex101.htm |
| EX-10.2 - EX-10.2 - CONOCOPHILLIPS | d141535dex102.htm |
| 10-Q - FORM 10-Q - CONOCOPHILLIPS | d141535d10q.htm |
Exhibit 12
CONOCOPHILLIPS AND CONSOLIDATED SUBSIDIARIES
TOTAL ENTERPRISE
Computation of Ratio of Earnings to Fixed Charges
| Millions of Dollars | ||||||||
| Three Months Ended March 31 |
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| 2016 | 2015 | |||||||
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|
|
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| Earnings Available for Fixed Charges |
||||||||
| Loss before income taxes and noncontrolling interests that have not incurred fixed charges |
$ | (2,237 | ) | (371 | ) | |||
| Distributions greater than equity losses |
252 | 80 | ||||||
| Fixed charges, excluding capitalized interest* |
340 | 272 | ||||||
|
|
||||||||
| $ | (1,645 | ) | (19 | ) | ||||
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|
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| Fixed Charges |
||||||||
| Interest and debt expense, excluding capitalized interest |
$ | 281 | 202 | |||||
| Capitalized interest |
40 | 94 | ||||||
| Interest portion of rental expense |
18 | 29 | ||||||
|
|
||||||||
| $ | 339 | 325 | ||||||
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|
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| Ratio of Earnings to Fixed Charges** |
— | — | ||||||
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|
||||||||
*Includes amortization of capitalized interest totaling approximately $41 million in 2016 and $41 million in 2015.
**Earnings for the three-month periods ended March 31, 2016 and 2015 were inadequate to cover fixed charges by $1,984 million and $344 million, respectively.