EX-12 4 exhibit12_93017xq317.htm EXHIBIT 12 Exhibit


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Nine Months Ended
September 30, 2017
Earnings:
 
Income before income taxes
$
2,591

Add:
 
Fixed charges
166

Less:
 
Income from equity investees
(8
)
Capitalized interest
(2
)
Income as adjusted
$
2,747

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
113

Rents of one-third representative of interest factor
51

Capitalized interest
2

Total fixed charges
$
166

Ratio of earnings to fixed charges
16.5