EX-12 3 exhibit12_93016xq316.htm EXHIBIT 12 Exhibit


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Nine Months Ended
September 30, 2016
Earnings:
 
Income before income taxes
$
2,804

Add:
 
Fixed charges
175

Less:
 
Income from equity investees
(7
)
Capitalized interest
(6
)
Income as adjusted
$
2,966

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
115

Portion of rents representative of interest factor
54

Capitalized interest
6

Total Fixed Charges
$
175

Ratio of earnings to fixed charges
16.9