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Exhibit 12
General Electric Company
Ratio of Earnings to Fixed Charges
(Dollars in millions) | Nine months ended September 30, 2007 | ||
General Electric Company and consolidated affiliates | |||
Earnings(a) | $ | 19,612 | |
Plus | |||
Interest and other financial charges included in expense | 17,533 | ||
One-third of rental expense(b) | 486 | ||
Adjusted “earnings” | $ | 37,631 | |
Fixed Charges | |||
Interest and other financial charges included in expense | $ | 17,533 | |
Interest capitalized | 69 | ||
One-third of rental expense(b) | 486 | ||
Total fixed charges | $ | 18,088 | |
Ratio of earnings to fixed charges | 2.08 | ||
(a) | Earnings before income taxes, minority interest and discontinued operations. |
(b) | Considered to be representative of interest factor in rental expense. |