Exhibit 12.1
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions Except Per Share Amounts)
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| Nine Months |
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| Year Ended December 31, |
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| 2007 |
| 2006 |
| 2005 |
| 2004 |
| 2003 |
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Earnings: |
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Income before income taxes |
| $ | 2,177.1 |
| $ | 2,496.5 |
| $ | 2,001.8 |
| $ | 2,079.0 |
| $ | 2,002.4 |
| $ | 2,041.9 |
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Add: |
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Interest on indebtedness and amortization of debt expense and discount or premium |
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| 89.5 |
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| 166.6 |
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| 166.6 |
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| 142.5 |
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| 123.7 |
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| 128.1 |
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Portion of rents representative of interest factor |
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| 39.3 |
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| 52.5 |
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| 47.5 |
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| 43.5 |
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| 41.5 |
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| 37.7 |
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Loss on equity investments |
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| — |
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| — |
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| — |
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| — |
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| — |
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| — |
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Less: |
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Gain on equity investments |
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| (3.0 | ) |
| (3.7 | ) |
| (3.4 | ) |
| (2.0 | ) |
| (8.5 | ) |
| (0.3 | ) |
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Income as adjusted |
| $ | 2,302.9 |
| $ | 2,711.9 |
| $ | 2,212.5 |
| $ | 2,263.0 |
| $ | 2,159.1 |
| $ | 2,207.4 |
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Fixed Charges: |
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Interest on indebtedness and amortization of debt expense and discount or premium |
| $ | 89.5 |
| $ | 166.6 |
| $ | 166.6 |
| $ | 142.5 |
| $ | 123.7 |
| $ | 128.1 |
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Portion of rents representative of interest factor |
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| 39.3 |
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| 52.5 |
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| 47.5 |
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| 43.5 |
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| 41.5 |
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| 37.7 |
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Capitalized interest |
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| 5.7 |
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| 6.3 |
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| 3.4 |
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| 2.5 |
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| 2.3 |
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| 4.0 |
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Total fixed charges |
| $ | 134.5 |
| $ | 225.4 |
| $ | 217.5 |
| $ | 188.5 |
| $ | 167.5 |
| $ | 169.8 |
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Ratio of earnings to fixed charges |
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| 17.1 |
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| 12.0 |
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| 10.2 |
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| 12.0 |
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| 12.9 |
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| 13.0 |
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