Attached files

file filename
EX-12.1 - EX-12.1 - AbbVie Inc.a16-6520_1ex12d1.htm
EX-32.2 - EX-32.2 - AbbVie Inc.a16-6520_1ex32d2.htm
EX-31.2 - EX-31.2 - AbbVie Inc.a16-6520_1ex31d2.htm
EX-10.5 - EX-10.5 - AbbVie Inc.a16-6520_1ex10d5.htm
EX-10.2 - EX-10.2 - AbbVie Inc.a16-6520_1ex10d2.htm
EX-10.1 - EX-10.1 - AbbVie Inc.a16-6520_1ex10d1.htm
EX-10.3 - EX-10.3 - AbbVie Inc.a16-6520_1ex10d3.htm
EX-32.1 - EX-32.1 - AbbVie Inc.a16-6520_1ex32d1.htm
EX-10.8 - EX-10.8 - AbbVie Inc.a16-6520_1ex10d8.htm
10-Q - 10-Q - AbbVie Inc.a16-6520_110q.htm
EX-10.7 - EX-10.7 - AbbVie Inc.a16-6520_1ex10d7.htm
EX-31.1 - EX-31.1 - AbbVie Inc.a16-6520_1ex31d1.htm
EX-10.6 - EX-10.6 - AbbVie Inc.a16-6520_1ex10d6.htm
EX-10.4 - EX-10.4 - AbbVie Inc.a16-6520_1ex10d4.htm

Exhibit 12.2

 

AbbVie Inc.

 

Computation of Ratio of Earnings to Fixed Charges

 

(unaudited)

 

(in millions, except for ratio)

 

Three
months ended
March 31,
2016

 

Year
ended
December 31,
2015

 

 

 

 

 

 

 

Determination of earnings:

 

 

 

 

 

Earnings before income tax

 

$1,776

 

$6,645

 

Add (deduct):

 

 

 

 

 

Fixed charges

 

231

 

923

 

Interest capitalized during period (a)

 

(1

)

(143

)

Total earnings as defined

 

$2,006

 

$7,425

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

Interest expense

 

$   215

 

$   860

 

Capitalized interest

 

4

 

14

 

Rent expense (b)

 

12

 

49

 

Total fixed charges

 

$   231

 

$   923

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

8.7

 

8.0

 

 


(a) Interest capitalized during the period is deducted because fixed charges include all interest, whether capitalized or expensed. Only fixed charges that were deducted from income were included in the earnings computation.

 

(b) AbbVie considers one-third of rent expense to be a reasonable approximation of the interest factor in its leases.