DUPONT E I DE NEMOURS & CO - FORM 10-Q - EX-12 - July 26, 2016

Attached files

file filename
10-Q - 10-Q - DUPONT E I DE NEMOURS & COdd-2016630x10q.htm
EX-32.2 - EX-32.2 - DUPONT E I DE NEMOURS & COdd-ex322_2016630xq2.htm
EX-32.1 - EX-32.1 - DUPONT E I DE NEMOURS & COdd-ex321_2016630xq2.htm
EX-31.2 - EX-31.2 - DUPONT E I DE NEMOURS & COdd-ex312_2016630xq2.htm
EX-31.1 - EX-31.1 - DUPONT E I DE NEMOURS & COdd-ex311_2016630xq2.htm
EX-10.6 - EX-10.6 - DUPONT E I DE NEMOURS & COdd-ex106_2016630xq2.htm


Exhibit 12
 
E.  I.  DU  PONT  DE  NEMOURS  AND  COMPANY
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
 
 
 
 
 
 
Six Months Ended June 30,
 
2016
 
2015
Income from continuing operations before income taxes
$
2,968

 
$
2,785

Adjustment for companies accounted for by the
   equity method
(19
)
 
7

Less: Capitalized interest
(12
)
 
(41
)
Add: Amortization of capitalized interest
14

 
19

 
2,951

 
2,770

Fixed charges:
 

 
 
Interest and debt expense
185

 
191

Capitalized interest
12

 
41

Rental expense representative of interest factor
54

 
54

 
251

 
286

Total adjusted earnings available for payment of
    fixed charges
$
3,202

 
$
3,056

Number of times fixed charges earned
12.8

 
10.7



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