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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1999 1998 1997 1996 1995
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Income from Continuing Operations Before
Extraordinary Item ......................... $ 219 $ 1,648 $ 1,432 $ 2,931 $ 2,858
Provision for Income Taxes .................... 1,410 941 1,354 1,416 1,432
Minority Interests in Earnings of Consolidated
Subsidiaries ............................... 61 24 43 40 29
Adjustment for Companies Accounted for
by the Equity Method ....................... 33 (39) 936 (a) 82 126
Capitalized Interest .......................... (107) (120) (80) (70) (76)
Amortization of Capitalized Interest .......... 88 (b) 65 (b) 82 (b) 127 (b) 81
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1,704 2,519 3,767 4,526 4,450
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Fixed Charges:
Interest and Debt Expense - Continuing
Operations .............................. 535 520 389 409 449
Interest and Debt Expense - Discontinued
Operations(c) ........................... 180 304 252 304 308
Capitalized Interest - Continuing Operations 107 120 80 70 76
Capitalized Interest - Discontinued
Operations(c) ........................... 3 78 90 73 95
Rental Expense Representative of Interest
Factor .................................. 66 71 83 80 80
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891 1,093 894 936 1,008
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Total Adjusted Earnings Available for Payment
of Fixed Charges ........................... $ 2,595 $ 3,612 $ 4,661 $ 5,462 $ 5,458
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Number of Times Fixed Charges are Earned ...... 2.9 3.3 5.2 5.8 5.4
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(a) Includes write-off of Purchased In-Process Research and Development
associated with acquisition of 20% interest in Pioneer Hi-Bred
International, Inc.
(b) Includes write-off of capitalized interest associated with divested
businesses.
(c) Divestiture of Conoco Inc. was completed August 6, 1999.