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Exhibit 12 | |||||
General Electric Company | |||||
| |||||
(Dollars in millions) | Six months ended | ||||
General Electric Company and consolidated affiliates | |||||
Earnings (a) | $ | 9,232 | |||
Plus: | Interest and other financial charges included in expense | 5,589 | |||
One-third of rental expense (b) | 270 | ||||
| |||||
Adjusted "earnings" | $ | 15,091 | |||
| |||||
Fixed Charges: | |||||
| Interest and other financial charges | $ | 5,589 | ||
| Interest capitalized | 50 | |||
| One-third of rental expense (b) | 270 | |||
| |||||
Total fixed charges | $ | 5,909 | |||
| |||||
Ratio of earnings to fixed charges | 2.55 | ||||
| |||||
(a) Earnings before income taxes, minority interest and accounting change. | |||||