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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1996 1995 1994 1993 1992
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Net Income ........................................... $3,636 $3,293 $2,727 $ 566(a) $ 975(a)
Provision for Income Taxes ........................... 2,345 2,097 1,655 392 836
Minority Interests in Earnings of Consolidated
Subsidiaries ....................................... 59 30 18 5 10
Adjustment for Companies Accounted for
by the Equity Method ............................... 81 41 18 41 6
Capitalized Interest ................................. (144) (170) (143) (194) (194)
Amortization of Capitalized Interest ................. 191(b) 154 154 144 101
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6,168 5,445 4,429 954 1,734
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Fixed Charges:
Interest and Debt Expense .......................... 729 758 559 594 643
Adjustment for Companies Accounted for by
the Equity Method - Interest and Debt Expense .... 70 71 55 42 62
Capitalized Interest ............................... 144 170 143 194 194
Rental Expense Representative of Interest Factor ... 118 113 118 143 151
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1,061 1,112 875 973 1,050
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Total Adjusted Earnings Available for Payment of
Fixed Charges ...................................... $7,229 $6,557 $5,304 $1,927 $2,784
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Number of Times Fixed Charges Are Earned ............. 6.8 5.9 6.1 2.0 2.7
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(a) Income Before Extraordinary Item and Transition Effect of Accounting
Changes.
(b) Includes write-off of capitalized interest associated with divested
businesses.