Exhibit 12
General Electric Company
Ratio of Earnings to Fixed Charges
(Dollars in millions) | Six months ended June 30, 2006 | |||
General Electric Company and consolidated affiliates | ||||
Earnings (a) | $ | 11,695 | ||
Plus: | Interest and other financial charges included in expense | 8,961 | ||
One-third of rental expense (b) | 259 | |||
Adjusted “earnings” | $ | 20,915 | ||
Fixed Charges: | ||||
Interest and other financial charges | $ | 8,961 | ||
Interest capitalized | 46 | |||
One-third of rental expense (b) | 259 | |||
Total fixed charges | $ | 9,266 | ||
Ratio of earnings to fixed charges | 2.26 | |||
(a) | Earnings before income taxes, minority interest and discontinued operations. |
(b) | Considered to be representative of interest factor in rental expense. |