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New words:
Andean, Canada, experienced, Norway, redesigning, reviewing, Scope, upper, Zealand
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commencing, Mexico, Outlook, Overview, realigned, recast, transferred, Western
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EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
(Unaudited)
Six Months Ended June 30, 2017 | |||
Earnings: | |||
Income before income taxes | 1,691 | ||
Add: | |||
Fixed charges | 107 | ||
Less: | |||
Income from equity investees | (6 | ) | |
Capitalized interest | (1 | ) | |
Income as adjusted | $ | 1,791 | |
Fixed Charges: | |||
Interest on indebtedness and amortization of debt expense and discount or premium | $ | 72 | |
Rents of one-third representative of interest factor | 34 | ||
Capitalized interest | 1 | ||
Total fixed charges | $ | 107 | |
Ratio of earnings to fixed charges | 16.7 |