Attached files
file | filename |
---|---|
EX-32 - EXHIBIT 32 - COLGATE PALMOLIVE CO | exhibit32_63018xq218.htm |
EX-31.B - EXHIBIT 31.B - COLGATE PALMOLIVE CO | exhibit31b_63018xq218.htm |
EX-31.A - EXHIBIT 31.A - COLGATE PALMOLIVE CO | exhibit31a_63018xq218.htm |
10-Q - 10-Q - COLGATE PALMOLIVE CO | cl-6302018x10q.htm |
EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
(Unaudited)
Six Months Ended June 30, 2018 | |||
Earnings: | |||
Income before income taxes | $ | 1,812 | |
Add: | |||
Fixed charges | 132 | ||
Less: | |||
Income from equity investees | (5 | ) | |
Capitalized interest | (1 | ) | |
Income as adjusted | $ | 1,938 | |
Fixed Charges: | |||
Interest on indebtedness and amortization of debt expense and discount or premium | $ | 95 | |
Rents of one-third representative of interest factor | 36 | ||
Capitalized interest | 1 | ||
Total fixed charges | $ | 132 | |
Ratio of earnings to fixed charges | 14.7 |