Colgate-Palmolive (CL) 10-Q2016 Q3 Quarterly report

Filed: 27 Oct 16, 12:00am

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New words: acknowledging, agreed, behavior, dependent, dish, East, entirety, exercise, grant, rest, vesting

Removed: amended, China, collectively, demolition, France, IASB, involve, leaving, mature, Mission, Poland, prepare, project, relocate, satisfaction, satisfied, shift, submission

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EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)

(Unaudited)



	Nine Months Ended September 30, 2016
Earnings:
Income before income taxes	$	2,804
Add:
Fixed charges	175
Less:
Income from equity investees	(7		)
Capitalized interest	(6		)
Income as adjusted	$	2,966
Fixed Charges:
Interest on indebtedness and amortization of debt expense and discount or premium	$	115
Portion of rents representative of interest factor	54
Capitalized interest	6
Total Fixed Charges	$	175
Ratio of earnings to fixed charges	16.9

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