EX-12 2 ex12.htm EXHIBIT 12 ex12.htm
EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
PREFERRED DIVIDENDS

(Dollars in Millions)
 (Unaudited)

   
Six Months Ended
June 30, 2010
  
Earnings:
  
 
  
Income before income taxes
   $ 1,596  
         
Add:
        
Interest on indebtedness and amortization of debt expense and discount or premium
     33  
Portion of rents representative of interest factor
     35  
Less:
        
Gain on equity investments
     (3 )
Income as adjusted
   $ 1,661  
Fixed Charges:
        
Interest on indebtedness and amortization of debt expense and discount or premium
     33  
Portion of rents representative of interest factor
     35  
Capitalized interest
     3  
Total fixed charges
   $ 71  
Preferred Dividends:
        
Dividends on Preference Stock
   $ 19  
Ratio of earnings to fixed charges
     23.4  
Ratio of earnings to fixed charges and preferred dividends
     18.5