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EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions Except as Indicated)
(Unaudited)
Nine Months Ended September 30, 2011 | |||
Earnings: | |||
Income before income taxes | $ | 2,881 | |
Add: | |||
Interest on indebtedness and amortization of debt expense and discount or premium | 42 | ||
Portion of rents representative of interest factor | 55 | ||
Less: | |||
Gain on equity investments | (5 | ) | |
Income as adjusted | $ | 2,973 | |
Fixed Charges: | |||
Interest on indebtedness and amortization of debt expense and discount or premium | 42 | ||
Portion of rents representative of interest factor | 55 | ||
Capitalized interest | — | ||
Total Fixed Charges | $ | 97 | |
Ratio of earnings to fixed charges | 30.6 |