Church & Dwight (CHD) 10-K 2009 FY Annual report

Exhibit 12

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES

Exhibit 12 - Ratio of Earning to Fixed Charges

(In thousands)

	Years ended December 31
	2009			2008			2007			2006			2005
Interest expense and amortization of debt expense and premium	$	35,568		$	46,945		$	58,892		$	54,028		$	44,098
Capitalized interest		2,389			729			764			617			461
Interest in rent expense		6,772			7,337			5,681			4,155			4,059
Total fixed charges	$	44,729		$	55,011		$	65,337		$	58,800		$	48,618
Income before income taxes	$	392,236		$	308,260		$	264,931		$	213,094		$	174,883
Plus:
Fixed Charges		44,729			55,011			65,337			58,800			48,618
Amortization of capitalized interest		562			438			398			377			358
Distributed income from equity investment		9,296			11,019			7,074			6,668			5,528
Less:
Capitalized interest		(2,389	)		(729	)		(764	)		(617	)		(461	)
Equity in earnings from affiliates		(12,050	)		(11,334	)		(8,236	)		(7,135	)		(4,790	)
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges		12			(8	)		(6	)		4			91
Earnings as adjusted	$	432,396		$	362,657		$	328,734		$	271,191		$	224,227
Ratio of earnings to fixed charges		9.7			6.6			5.0			4.6			4.6