Attached files
| file | filename |
|---|---|
| EX-10.1 - COMPANY'S FORM OF SEPARATION AGREEMENT & RELEASE - PROCTER & GAMBLE Co | fy1718q3jfm101-qexhibit.htm |
| EX-32.2 - SECTION 1350 CERTIFICATIONS CHIEF FINANCIAL OFFICER - PROCTER & GAMBLE Co | fy1718q3jfm322-qexhibit.htm |
| EX-32.1 - SECTION 1350 CERTIFICATIONS CHIEF EXECUTIVE OFFICER - PROCTER & GAMBLE Co | fy1718q3jfm321-qexhibit.htm |
| EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION CHIEF FINANCIAL OFFICER - PROCTER & GAMBLE Co | fy1718q3jfm312-qexhibit.htm |
| EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION CHIEF EXECUTIVE OFFICER - PROCTER & GAMBLE Co | fy1718q3jfm311-qexhibit.htm |
| EX-10.2 - COMPANY'S FORM OF SEPARATION LETTER & RELEASE - PROCTER & GAMBLE Co | fy1718q3jfm102-qexhibit.htm |
| 10-Q - FY1718 Q3 JFM 10-Q - PROCTER & GAMBLE Co | fy1718q3jfm10-qreport.htm |
EXHIBIT 12
THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Years Ended June 30 | Nine Months Ended March 31 | ||||||||||||||||||||||||||
Amounts in millions, except ratio amounts | 2017 | 2016 | 2015 | 2014 | 2013 | 2018 | 2017 | ||||||||||||||||||||
EARNINGS, AS DEFINED | |||||||||||||||||||||||||||
Earnings from operations before income taxes after eliminating undistributed earnings of equity method investees | $ | 13,233 | $ | 13,356 | $ | 11,009 | $ | 13,492 | $ | 13,499 | $ | 11,032 | $ | 10,313 | |||||||||||||
Fixed charges (excluding capitalized interest) | 640 | 778 | 842 | 928 | 900 | 498 | 484 | ||||||||||||||||||||
TOTAL EARNINGS, AS DEFINED | $ | 13,873 | $ | 14,134 | $ | 11,851 | $ | 14,420 | $ | 14,399 | $ | 11,530 | $ | 10,797 | |||||||||||||
FIXED CHARGES, AS DEFINED | |||||||||||||||||||||||||||
Interest expense (including capitalized interest) | $ | 521 | $ | 634 | $ | 693 | $ | 789 | $ | 755 | $ | 409 | $ | 391 | |||||||||||||
1/3 of rental expense | 118 | 144 | 166 | 174 | 171 | 85 | 93 | ||||||||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED | $ | 639 | $ | 778 | $ | 859 | $ | 963 | $ | 926 | $ | 494 | $ | 484 | |||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 21.7x | 18.2x | 13.8x | 15.0x | 15.5x | 23.3x | 22.3 | ||||||||||||||||||||