Attached files
| file | filename |
|---|---|
| EX-32.1 - SECTION 1350 CERTIFICATIONS CHIEF EXECUTIVE OFFICER - PROCTER & GAMBLE Co | fy1819q1jas10-qexhibit321.htm |
| EX-32.2 - SECTION 1350 CERTIFICATIONS CHIEF FINANCIAL OFFICER - PROCTER & GAMBLE Co | fy1819q1jas10-qexhibit322.htm |
| EX-31.2 - EXHIBIT 31.1 RULE 13A-14(A)/15D-14(A) CERTIFICATION CHIEF FINANCIAL OFFICER - PROCTER & GAMBLE Co | fy1819q1jas10-qexhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 RULE 13A-14(A)/15D-14(A) CERTIFICATION CHIEF EXECUTIVE OFFICER - PROCTER & GAMBLE Co | fy1819q1jas10-qexhibit311.htm |
| EX-10.3 - SUMMARY OF ADD PERSONAL BEN AVAIL TO CERTAIN OFFICERS AND NON-EMP DIRECTORS - PROCTER & GAMBLE Co | fy1819q1jas10-qexhibit10x3.htm |
| EX-10.2 - THE PROCTER & GAMBLE COMPANY EXECUTIVE DEFERRED COMP PLAN - PROCTER & GAMBLE Co | fy1819q1jas10-qexhibit10x2.htm |
| EX-10.1 - THE PROCTER & GAMBLE PERFORMANCE STOCK PROGRAM SUMMARY - PROCTER & GAMBLE Co | fy1819q1jas10-qexhibit10x1.htm |
| 10-Q - FY1819 Q1 JAS 10-Q - PROCTER & GAMBLE Co | fy1819q1jas10-qreport.htm |
EXHIBIT 12
THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Years Ended June 30 | Three Months Ended September 30 | ||||||||||||||||||||||||||
Amounts in millions, except ratio amounts | 2018 | 2017 | 2016 | 2015 | 2014 | 2018 | 2017 | ||||||||||||||||||||
EARNINGS, AS DEFINED | |||||||||||||||||||||||||||
Earnings from operations before income taxes after eliminating undistributed earnings of equity method investees | $ | 13,285 | $ | 13,233 | $ | 13,356 | $ | 11,009 | $ | 13,492 | $ | 3,920 | $ | 3,732 | |||||||||||||
Fixed charges (excluding capitalized interest) | 676 | 640 | 778 | 842 | 928 | 170 | 153 | ||||||||||||||||||||
TOTAL EARNINGS, AS DEFINED | $ | 13,961 | $ | 13,873 | $ | 14,134 | $ | 11,851 | $ | 14,420 | $ | 4,090 | $ | 3,885 | |||||||||||||
FIXED CHARGES, AS DEFINED | |||||||||||||||||||||||||||
Interest expense (including capitalized interest) | $ | 560 | $ | 521 | $ | 634 | $ | 693 | $ | 789 | $ | 144 | $ | 128 | |||||||||||||
1/3 of rental expense | 111 | 118 | 144 | 166 | 174 | 27 | 28 | ||||||||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED | $ | 671 | $ | 639 | $ | 778 | $ | 859 | $ | 963 | $ | 171 | $ | 156 | |||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 20.8x | 21.7x | 18.2x | 13.8x | 15.0x | 23.9x | 24.9x | ||||||||||||||||||||