EX-12 2 exhibit12_93018xq318.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, 2018
Earnings:
 
Income before income taxes
$
2,632

Add:
 
Fixed charges
198

Less:
 
Income from equity investees
(8
)
Capitalized interest
(1
)
Income as adjusted
$
2,821

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
143

Rents of one-third representative of interest factor
54

Capitalized interest
1

Total fixed charges
$
198

Ratio of earnings to fixed charges
14.2