EXHIBIT 12

                 THE GILLETTE COMPANY AND SUBSIDIARY COMPANIES

                  STATEMENT RE: CALCULATION OF CURRENT RATIO

                 Years Ended December 31, 1994, 1993 and 1992

                             (Millions of Dollars)



 
 
                              1994       1993        1992
                              ----       ----        ----
                                           

Current Assets              $ 2747.4   $ 2528.0    $ 2336.2 
                                                 
Current Liabilities         $ 1783.2   $ 1760.3    $ 1560.8 
                                                 
  Current Ratio               1.54       1.44        1.50