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EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions Except as Indicated)
(Unaudited)
Three Months Ended March 31, 2012 | |||
Earnings: | |||
Income before income taxes | $ | 928 | |
Add: | |||
Interest on indebtedness and amortization of debt expense and discount or premium | 13 | ||
Portion of rents representative of interest factor | 21 | ||
Less: | |||
Gain on equity investments | (2 | ) | |
Income as adjusted | $ | 960 | |
Fixed Charges: | |||
Interest on indebtedness and amortization of debt expense and discount or premium | $ | 13 | |
Portion of rents representative of interest factor | 21 | ||
Capitalized interest | 1 | ||
Total Fixed Charges | $ | 35 | |
Ratio of earnings to fixed charges | 27.4 |