Exhibit 12
Abbott Laboratories
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(dollars in millions)


Six Months Ended 
 


June 30, 2012 
 
Net Earnings 

$ 
2,967 

Add (deduct): 


 
Taxes on earnings 

550 
 
Capitalized interest cost, net of amortization 

10 
 
Noncontrolling interests 

5 
 



 
Earnings from Operations, as adjusted 

3,532 
 



 
Fixed Charges: 


 
Interest on longterm and shortterm debt 

254 
 
Capitalized interest cost 

12 
 
Rental expense representative of an interest factor 

63 
 



 
Total Fixed Charges 

329 
 



 
Total adjusted earnings available for payment of fixed charges 

$ 
3,861 




 
Ratio of earnings to fixed charges 

11.7 

NOTE: For the purpose of calculating this ratio, (i) earnings have been calculated by adjusting earnings for taxes on earnings; interest expense; capitalized interest cost, net of amortization; 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.