COLGATE PALMOLIVE CO - FORM 10-Q - EX-12 - EXHIBIT 12 - October 27, 2016

Attached files

file filename
10-Q - 10-Q - COLGATE PALMOLIVE COcl-9302016x10q.htm
EX-32 - EXHIBIT 32 - COLGATE PALMOLIVE COexhibit32_93016xq316.htm
EX-31.B - EXHIBIT 31.B - COLGATE PALMOLIVE COexhibit31b_93016xq316.htm
EX-31.A - EXHIBIT 31.A - COLGATE PALMOLIVE COexhibit31a_93016xq316.htm
EX-10 - EXHIBIT 10 - COLGATE PALMOLIVE COexhibit10_93016xq316.htm


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Nine Months Ended
September 30, 2016
Earnings:
 
Income before income taxes
$
2,804

Add:
 
Fixed charges
175

Less:
 
Income from equity investees
(7
)
Capitalized interest
(6
)
Income as adjusted
$
2,966

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
115

Portion of rents representative of interest factor
54

Capitalized interest
6

Total Fixed Charges
$
175

Ratio of earnings to fixed charges
16.9






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