EX-12 3 exhibit12_33118xq118.htm EXHIBIT 12 Exhibit


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Three Months Ended
March 31, 2018
Earnings:
 
Income before income taxes
$
924

Add:
 
Fixed charges
65

Less:
 
Income from equity investees
(3
)
Capitalized interest
—

Income as adjusted
$
986

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
47

Rents of one-third representative of interest factor
18

Capitalized interest
—

Total fixed charges
$
65

Ratio of earnings to fixed charges
15.2