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EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions Except As Indicated)
(Unaudited)
Six Months Ended | ||||
June 30, 2011 | ||||
Earnings: | ||||
Income before income taxes | $ | 1,856 | ||
Add: | ||||
Interest on indebtedness and amortization of debt expense and discount or premium | 30 | |||
Portion of rents representative of interest factor | 37 | |||
Less: | ||||
Gain on equity investments | (3 | ) | ||
Income as adjusted | $ | 1,920 | ||
Fixed Charges: | ||||
Interest on indebtedness and amortization of debt expense and discount or premium | 30 | |||
Portion of rents representative of interest factor | 37 | |||
Capitalized interest | — | |||
Total fixed charges | $ | 67 | ||
Ratio of earnings to fixed charges | 28.7 |