Attached files
| file | filename |
|---|---|
| EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION-CHIEF FINANCIAL OFFICER - PROCTER & GAMBLE Co | fy1415q3jfm10-qexhibit312.htm |
| EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION-CHIEF EXECUTIVE OFFICER - PROCTER & GAMBLE Co | fy1415q3jfm10-qexhibit311.htm |
| EX-32.2 - SECTION 1350 CERTIFICATIONS-CHIEF FINANCIAL FFICER - PROCTER & GAMBLE Co | fy1415q3jfm10-qexhibit322.htm |
| EX-32.1 - SECTION 1350 CERTIFICATIONS-CHIEF EXECUTIVE OFFICER - PROCTER & GAMBLE Co | fy1415q3jfm10-qexhibit321.htm |
| EX-10.1 - COMPANY'S FORM OF SEPARATION AGREEMENT & RELEASE - PROCTER & GAMBLE Co | fy1415q3jfm10-qexhibit10x1.htm |
| EXCEL - IDEA: XBRL DOCUMENT - PROCTER & GAMBLE Co | Financial_Report.xls |
| 10-Q - 10-Q - PROCTER & GAMBLE Co | fy1415q3jfm10-qreport.htm |
| EX-10.2 - REGULATIONS FOR THE P&G 2014 STOCK AND INCENTIVE COMPENSATION PLAN - PROCTER & GAMBLE Co | fy1415q3jfm10-qexhibit10x2.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 | ||||||||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | 2015 | 2014 | |||||||||||||||||||||
Amounts in millions, except ratio amounts | |||||||||||||||||||||||||||
EARNINGS, AS DEFINED | |||||||||||||||||||||||||||
Earnings from operations before income taxes after eliminating undistributed earnings of equity method investees | $ | 14,320 | $ | 14,270 | $ | 12,111 | $ | 14,305 | $ | 13,948 | $ | 10,563 | $ | 11,180 | |||||||||||||
Fixed charges (excluding capitalized interest) | 928 | 899 | 1,000 | 1,052 | 1,167 | 646 | 693 | ||||||||||||||||||||
TOTAL EARNINGS, AS DEFINED | $ | 15,248 | $ | 15,169 | $ | 13,111 | $ | 15,357 | $ | 15,115 | $ | 11,209 | $ | 11,873 | |||||||||||||
FIXED CHARGES, AS DEFINED | |||||||||||||||||||||||||||
Interest expense (including capitalized interest) | $ | 789 | $ | 754 | $ | 844 | $ | 888 | $ | 1,014 | $ | 531 | $ | 591 | |||||||||||||
1/3 of rental expense | 174 | 171 | 176 | 170 | 176 | 129 | 129 | ||||||||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED | $ | 963 | $ | 925 | $ | 1,020 | $ | 1,058 | $ | 1,190 | $ | 660 | $ | 720 | |||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 15.8x | 16.4x | 12.9x | 14.5x | 12.7x | 17.0x | 16.5x | ||||||||||||||||||||