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Exhibit 12 | |||||
General Electric Company | |||||
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(Dollars in millions) | Nine months ended | ||||
General Electric Company and consolidated affiliates | |||||
Earnings (a) | $ | 14,590 | |||
Plus: | Interest and other financial charges included in expense | 8,548 | |||
One-third of rental expense (b) | 407 | ||||
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Adjusted "earnings" | $ | 23,545 | |||
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Fixed Charges: | |||||
| Interest and other financial charges | $ | 8,548 | ||
| Interest capitalized | 69 | |||
| One-third of rental expense (b) | 407 | |||
| |||||
Total fixed charges | $ | 9,024 | |||
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Ratio of earnings to fixed charges | 2.61 | ||||
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(a) Earnings before income taxes, minority interest and accounting changes. |