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


Three Months Ended 
 


March 31, 2015 
 
Earnings from Continuing Operations 

$ 
529 

Add (deduct): 


 
Taxes on earnings 

124 
 
Capitalized interest cost, net of amortization 

8 
 
Noncontrolling interests 

4 
 



 
Earnings from Continuing Operations, as adjusted 

665 
 



 
Fixed Charges: 


 
Interest on longterm and shortterm debt 

37 
 
Capitalized interest cost 

3 
 
Rental expense representative of an interest factor 

20 
 



 
Total Fixed Charges 

60 
 



 
Total adjusted earnings available for payment of fixed charges 

$ 
725 




 
Ratio of earnings to fixed charges 

12.0 

NOTE: For the purpose of calculating this ratio, (i) earnings from continuing operations 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.