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
----------------------------------------------------
1995 1994 1993 1992 1991
-------- -------- -------- -------- --------
Net Income......................................... $3,293 $2,727 $ 566(a) $ 975(a) $1,403
Provision for Income Taxes......................... 2,097 1,655 392 836 1,415
Minority Interests in Earnings of Consolidated
Subsidiaries...................................... 30 18 5 10 6
Adjustment for Companies Accounted for
by the Equity Method.............................. 41 18 41 6 35
Capitalized Interest............................... (170) (143) (194) (194) (197)
Amortization of Capitalized Interest............... 154 154 144 101 94
------ ------ ------ ------ ------
5,445 4,429 954 1,734 2,756
------ ------ ------ ------ ------
Fixed Charges:
Interest and Debt Expense - Borrowings............ 758 559 594 643 752
Adjustment for Companies Accounted for by
the Equity Method - Interest and Debt Expense.... 71 55 42 62 11
Capitalized Interest.............................. 170 143 194 194 197
Rental Expense Representative of Interest Factor.. 113 118 143 151 162
------ ------ ------ ------ ------
1,112 875 973 1,050 1,122
------ ------ ------ ------ ------
Total Adjusted Earnings Available for Payment of
Fixed Charges..................................... $6,557 $5,304 $1,927 $2,784 $3,878
====== ====== ====== ====== ======
Number of Times Fixed Charges Are Earned........... 5.9 6.1 2.0 2.7 3.5
====== ====== ====== ====== ======
_____________________
(a) Income Before Extraordinary Item and Transition Effect of Accounting
Changes.