Bausch & Lomb Incorporated Exhibit 12 Statement Regarding Computation of Ratio of Earnings to Fixed Charges (Dollar Amounts In Millions) December 25, 1999 December 26, 1998 Earnings from continuing operations before provision for income taxes and minority interests $185.0 $119.7 Fixed charges 90.3 102.6 Capitalized interest, net of current period amortizaiton 0.2 0.3 Total earnings as adjusted $275.5 $222.6 Fixed charges: Interest (including interest expense and capitalized interest) $88.3 $100.7 Portion of rents representative of the interest factor 2.0 1.9 Total fixed charges $90.3 $102.6 Ratio of earnings to fixed charges 3.1 2.2