Exhibit 12
E. I. DU PONT DE NEMOURS AND COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
Years Ended December 31
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2003 2002 2001 2000 1999
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Income from Continuing Operations Before
Extraordinary Item and Cumulative Effect of a
Change In Accounting Principle .............. $1,002 $1,841 $4,328(a) $2,314 $ 219
Provision for (Benefit from) Income Taxes ...... (930) 185 2,467 1,072 1,410
Minority Interests in Earnings of Consolidated
Subsidiaries ................................ 71 98 49 61 61
Adjustment for Companies Accounted for
by the Equity Method ....................... 360 45 93 (109) 33
Capitalized Interest ........................... (29) (45) (62) (69) (107)
Amortization of Capitalized Interest ........... 119(b) 59 61 65 88(b)
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593 2,183 6,936 3,334 1,704
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Fixed Charges:
Interest and Debt Expense - Continuing
Operations ............................... 347 359 590 810 535
Interest and Debt Expense - Discontinued
Operations(c) ............................ -- -- -- -- 180
Capitalized Interest - Continuing Operations 29 45 62 69 107
Capitalized Interest - Discontinued
Operations(c) ............................ -- -- -- -- 3
Rental Expense Representative of Interest
Factor ................................... 90 82 78 70 66
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466 486 730 949 891
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Total Adjusted Earnings Available for Payment
of Fixed Charges ............................ $1,059 $2,669 $7,666 $4,283 $2,595
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Number of Times Fixed Charges are Earned ....... 2.3 5.5 10.5 4.5 2.9
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(a) Includes $3,866 after-tax gain on the sale of DuPont Pharmaceuticals to
Bristol-Myers Squibb.
(b) Includes write-off of capitalized interest associated with exiting certain
businesses.
(c) Divestiture of Conoco Inc. was completed August 6, 1999.