Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - CONOCOPHILLIPS | d586006dex32.htm |
| EX-31.2 - EX-31.2 - CONOCOPHILLIPS | d586006dex312.htm |
| EX-31.1 - EX-31.1 - CONOCOPHILLIPS | d586006dex311.htm |
| EX-10.1 - EX-10.1 - CONOCOPHILLIPS | d586006dex101.htm |
| 10-Q - 10-Q - CONOCOPHILLIPS | d586006d10q.htm |
Exhibit 12
CONOCOPHILLIPS AND CONSOLIDATED SUBSIDIARIES
TOTAL ENTERPRISE
Computation of Ratio of Earnings to Fixed Charges
| Millions of Dollars | ||||||||
| Six Months Ended June 30 |
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| 2018 | 2017 | |||||||
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|
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| Earnings Available for Fixed Charges |
||||||||
| Income (loss) before income taxes and noncontrolling interests that have not incurred fixed charges |
$ | 4,369 | (4,620 | ) | ||||
| Distributions greater (less) than equity in earnings of affiliates |
94 | (121 | ) | |||||
| Fixed charges, excluding capitalized interest* |
464 | 773 | ||||||
|
|
||||||||
| $ | 4,927 | (3,968 | ) | |||||
|
|
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| Fixed Charges |
||||||||
| Interest and debt expense, excluding capitalized interest |
$ | 361 | 621 | |||||
| Capitalized interest |
82 | 55 | ||||||
| Interest portion of rental expense |
32 | 65 | ||||||
|
|
||||||||
| $ | 475 | 741 | ||||||
|
|
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| Ratio of Earnings to Fixed Charges** |
10.4 | — | ||||||
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|
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*Includes amortization of capitalized interest totaling approximately $72 million in 2018 and $87 million in 2017.
**Earnings for the six-month period ended June 30, 2017 were inadequate to cover fixed charges by $4,709 million.