COLGATE PALMOLIVE CO - FORM 10-Q - EX-12 - EXHIBIT 12 - July 21, 2017

Attached files

file filename
EX-32 - EXHIBIT 32 - COLGATE PALMOLIVE COexhibit32_63017xq217.htm
EX-31.B - EXHIBIT 31.B - COLGATE PALMOLIVE COexhibit31b_63017xq217.htm
EX-31.A - EXHIBIT 31.A - COLGATE PALMOLIVE COexhibit31a_63017xq217.htm
10-Q - 10-Q - COLGATE PALMOLIVE COcl-6302017x10q.htm


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Six Months Ended
June 30, 2017
Earnings:
 
Income before income taxes
1,691

Add:
 
Fixed charges
107

Less:
 
Income from equity investees
(6
)
Capitalized interest
(1
)
Income as adjusted
$
1,791

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
72

Rents of one-third representative of interest factor
34

Capitalized interest
1

Total fixed charges
$
107

Ratio of earnings to fixed charges
16.7






COLGATE PALMOLIVE CO Reports