COLGATE PALMOLIVE CO - FORM 10-Q - EX-12 - EXHIBIT 12 - July 30, 2015

Attached files

file filename
10-Q - 10-Q - COLGATE PALMOLIVE COcl-6302015x10q.htm
EX-10 - EXHIBIT 10 - COLGATE PALMOLIVE COexhibit10_63015xq215.htm
EX-32 - EXHIBIT 32 - COLGATE PALMOLIVE COexhibit32_63015xq215.htm
EX-31.A - EXHIBIT 31.A - COLGATE PALMOLIVE COexhibit31a_63015xq215.htm
EX-31.B - EXHIBIT 31.B - COLGATE PALMOLIVE COexhibit31b_63015xq215.htm


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Six Months Ended
June 30, 2015
Earnings:
 
Income before income taxes
$
1,778

Add:
 
Fixed charges
105

Less:
 
Income from equity investees
(4
)
Capitalized interest
(3
)
Income as adjusted
$
1,876

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
62

Portion of rents representative of interest factor
40

Capitalized interest
3

Total Fixed Charges
$
105

Ratio of earnings to fixed charges
17.9






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