Attached files
| file | filename |
|---|---|
| 10-K - COLGATE-PALMOLIVE 10-K 12-31-2016 - COLGATE PALMOLIVE CO | cl-12312016x10k.htm |
| EX-32 - EXHIBIT 32 - COLGATE PALMOLIVE CO | exhibit3212312016.htm |
| EX-31.B - EXHIBIT 31-B - COLGATE PALMOLIVE CO | exhibit31b12312016.htm |
| EX-31.A - EXHIBIT 31-A - COLGATE PALMOLIVE CO | exhibit31a12312016.htm |
| EX-24 - EXHIBIT 24 - COLGATE PALMOLIVE CO | exhibit2412312016.htm |
| EX-23 - EXHIBIT 23 - COLGATE PALMOLIVE CO | exhibit2312312016.htm |
| EX-21 - EXHIBIT 21 - COLGATE PALMOLIVE CO | exhibit2112312016.htm |
| EX-10.I(B) - EXHIBIT 10-I(B) - COLGATE PALMOLIVE CO | exhibit10-ib12312016.htm |
| EX-10.C(E) - EXHIBIT 10-C(E) - COLGATE PALMOLIVE CO | exhibit10-ce12312016.htm |
EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions Except Per Share Amounts)
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Earnings: | |||||||||||||||||||
Income before income taxes | $ | 3,738 | $ | 2,763 | $ | 3,533 | $ | 3,565 | $ | 3,874 | |||||||||
Add: | |||||||||||||||||||
Fixed charges | 229 | 216 | 212 | 196 | 157 | ||||||||||||||
Less: | |||||||||||||||||||
Income from equity investees | (10 | ) | (8 | ) | (7 | ) | (5 | ) | (7 | ) | |||||||||
Capitalized interest | (6 | ) | (6 | ) | (4 | ) | (3 | ) | (1 | ) | |||||||||
Income as adjusted | $ | 3,951 | $ | 2,965 | $ | 3,734 | $ | 3,753 | $ | 4,023 | |||||||||
Fixed Charges: | |||||||||||||||||||
Interest on indebtedness and amortization of debt expense discount or premium | $ | 149 | $ | 133 | $ | 130 | $ | 116 | $ | 80 | |||||||||
Rents of one-third representative of interest factor | 74 | 77 | 78 | 77 | 76 | ||||||||||||||
Capitalized interest | 6 | 6 | 4 | 3 | 1 | ||||||||||||||
Total fixed charges | $ | 229 | $ | 216 | $ | 212 | $ | 196 | $ | 157 | |||||||||
Ratio of earnings to fixed charges | 17.3 | 13.7 | 17.6 | 19.1 | 25.6 | ||||||||||||||