EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions Except Per Share Amounts)
(Unaudited)
| Nine Months Ended | ||||
| September 30, 2003 | ||||
Income before income taxes | $ | 1,507.6 | ||
Add: | ||||
Interest on indebtedness and amortization of debt expense and discount or premium | 98.8 | |||
Portion of rents representative of interest factor | 24.5 | |||
Less: | ||||
Gain on equity investments | (0.2 | ) | ||
Income as adjusted | $ | 1,630.7 | ||
Fixed charges: | ||||
Interest on indebtedness and amortization of debt expense and discount or premium | 98.8 | |||
Portion of rents representative of interest factor | 24.5 | |||
Capitalized interest | 3.2 | |||
Total fixed charges | $ | 126.5 | ||
Ratio of earnings to fixed charges | 12.9 | |||
