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Exhibit 12
E. I. DU PONT DE NEMOURS AND COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
Years Ended December 31, | ||||||||||||||||||||||||
Six Months Ended June 30, 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
Income before income taxes | $ | 3,578 | $ | 4,282 | $ | 3,711 | $ | 2,184 | $ | 2,391 | $ | 3,743 | ||||||||||||
Adjustment for companies accounted for by the equity method | (9 | ) | (72 | ) | (74 | ) | (50 | ) | 6 | 218 | ||||||||||||||
Less: Capitalized interest | (19 | ) | (46 | ) | (38 | ) | (47 | ) | (49 | ) | (45 | ) | ||||||||||||
Add: Amortization of capitalized interest | 19 | 36 | 35 | 37 | 37 | 34 | ||||||||||||||||||
3,569 | 4,200 | 3,634 | 2,124 | 2,385 | 3,950 | |||||||||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest and debt expense | 231 | 447 | 590 | 408 | 376 | 430 | ||||||||||||||||||
Capitalized interest | 19 | 46 | 38 | 47 | 49 | 45 | ||||||||||||||||||
Rental expense representative of interest factor | 51 | 103 | 89 | 101 | 107 | 107 | ||||||||||||||||||
301 | 596 | 717 | 556 | 532 | 582 | |||||||||||||||||||
Total adjusted earnings available for payment of fixed charges | $ | 3,870 | $ | 4,796 | $ | 4,351 | $ | 2,680 | $ | 2,917 | $ | 4,532 | ||||||||||||
Number of times fixed charges earned | 12.9 | 8.0 | 6.1 | 4.8 | 5.5 | 7.8 |