Abbott Laboratories
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(dollars in millions)

2015  2014  2013  2012  2011  

EARNINGS FROM CONTINUING OPERATIONS ADD (DEDUCT) 
$  2,606  $  1,721  $  1,988  $  237  (a)  $  676  
Taxes on earnings from continuing operations 
577  797  53  (457  )  (20  )  
Amortization of capitalized interest, net of capitalized interest 
(3  )  (3  )  (6  )  (3  )  (2  )  
Noncontrolling interests 
17  13  13  12  10  
                
EARNINGS FROM CONTINUING OPERATIONS AS ADJUSTED 
$  3,197  $  2,528  $  2,048  $  (211  )  $  664  
                
FIXED CHARGES 

Interest on longterm and shortterm debt 
163  150  145  320  326  
Capitalized interest cost 
15  13  15  12  10  
Rental expense representative of an interest factor 
85  87  90  100  96  
                
TOTAL FIXED CHARGES 
$  263  $  250  $  250  $  432  $  432  
                
TOTAL ADJUSTED EARNINGS FROM CONTINUING OPERATIONS AVAILABLE FOR PAYMENT OF FIXED CHARGES 
$  3,460  $  2,778  $  2,298  $  221  $  1,096  
                
                
                
RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES 
13.1  11.1  9.2  0.5  2.5  
                
                
                
NOTE: For the purpose of calculating this ratio, (i) earnings from continuing operations have been calculated by adjusting earnings from continuing operations for taxes on earnings from continuing operations; interest expense; amortization of capitalized interest, net of capitalized interest; noncontrolling interests; and the portion of rentals representative of the interest factor, (ii) Abbott considers onethird of rental expense to be the amount representing return on capital, and (iii) fixed charges comprise total interest expense, including capitalized interest and such portion of rentals.