EX-12 2 exhibit12_63014xq214.htm EXHIBIT 12 EXHIBIT 12_6/30/14_ Q2'14


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Six Months Ended
June 30, 2014
Earnings:
 
Income before income taxes
$
1,598

Add:
 
Fixed charges
106

Less:
 
Income from equity investees
(3
)
Capitalized interest
(1
)
Income as adjusted
$
1,700

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
67

Portion of rents representative of interest factor
38

Capitalized interest
1

Total Fixed Charges
$
106

Ratio of earnings to fixed charges
16.0