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Exhibit 12
General Electric Company
Ratio of Earnings to Fixed Charges
(Dollars in millions) | Three months ended March 31, 2007 | ||
General Electric Company and consolidated affiliates | |||
Earnings (a) | $ | 5,636 | |
Plus | |||
Interest and other financial charges included in expense | 5,776 | ||
One-third of rental expense (b) | 340 | ||
Adjusted “earnings” | $ | 11,752 | |
Fixed Charges | |||
Interest and other financial charges included in expense | $ | 5,776 | |
Interest capitalized | 26 | ||
One-third of rental expense (b) | 340 | ||
Total fixed charges | $ | 6,142 | |
Ratio of earnings to fixed charges | 1.91 | ||
(a) | Earnings before income taxes, minority interest and discontinued operations. |
(b) | Considered to be representative of interest factor in rental expense. |