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

2017  2016  2015  2014  2013  

EARNINGS FROM CONTINUING OPERATIONS 
$  353  $  1,063  $  2,606  $  1,721  $  1,988  
ADD (DEDUCT) 

Taxes on earnings from continuing operations 
1,878  350  577  797  53  
Amortization of capitalized interest, net of capitalized interest 
(11  )  (8  )  (3  )  (3  )  (6  )  
Noncontrolling interest 
25  20  17  13  13  
                
EARNINGS FROM CONTINUING OPERATIONS AS ADJUSTED 
$  2,245  $  1,425  $  3,197  $  2,528  $  2,048  
                
FIXED CHARGES 

Interest on longterm and shortterm debt 
904  431  163  150  145  
Capitalized interest cost 
27  22  15  13  15  
Rental expense representative of an interest factor 
112  97  85  87  90  
                
TOTAL FIXED CHARGES 
$  1,043  $  550  $  263  $  250  $  250  
                
TOTAL ADJUSTED EARNINGS FROM CONTINUING OPERATIONS AVAILABLE FOR PAYMENT OF FIXED CHARGES 
$  3,288  $  1,975  $  3,460  $  2,778  $  2,298  
                
                
                
RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES 
3.2  3.6  13.1  11.1  9.2  
                
                
                
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.