RATIO OF EARNINGS TO FIXED CHARGES
				Praxair, Inc. and Subsidiaries
										Exhibit 12.01
	Year Ended December 31,
(Dollar amounts in millions, except ratios)	2013			2012			2011			2010			2009
Pre-tax income from continuing operations before adjustment for
noncontrolling interests in consolidated subsidiaries or income or
loss from equity investees	$	2,447		$	2,296		$	2,323		$	1,964		$	1,442
Capitalized interest	(69		)	(70		)	(62		)	(62		)	(55		)
Depreciation of capitalized interest	20			20			22			18			17
Dividends from less than 50%-owned companies carried at equity	10			7			6			9			11
Adjusted pre-tax income from continuing operations before adjustment
for noncontrolling interests in consolidated subsidiaries or income
or loss from equity investees	$	2,408		$	2,253		$	2,289		$	1,929		$	1,415
Fixed charges
Interest on long-term and short-term debt	$	178		$	141		$	145		$	118		$	133
Capitalized interest	69			70			62			62			55
Rental expenses representative of an interest factor	43			39			38			37			37
Total fixed charges	$	290		$	250		$	245		$	217		$	225
Adjusted pre-tax income from continuing operations before adjustment
for noncontrolling interests in consolidated subsidiaries or income or
loss from equity investees plus total fixed charges	$	2,698		$	2,503		$	2,534		$	2,146		$	1,640
RATIO OF EARNINGS TO FIXED CHARGES	9.3			10.0			10.3			9.9			7.3