EX-12 2 exhibit12_33114xq114.htm EXHIBIT 12 EXHIBIT 12 _3/31/14_ Q1'14


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions Except as Indicated)
(Unaudited)
                                            
 
Three Months Ended
March 31, 2014
Earnings:
 
Income before income taxes
$
627

Add:
 
Fixed charges
51

Less:
 
Income from equity investees
(1
)
Capitalized interest
(1
)
Income as adjusted
$
676

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
31

Portion of rents representative of interest factor
19

Capitalized interest
1

Total Fixed Charges
$
51

Ratio of earnings to fixed charges
13.3