EX-12 2 exhibit12_33115xq115.htm EXHIBIT 12 EXHIBIT 12_3/31/15_ Q1'15


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Three Months Ended
March 31, 2015
Earnings:
 
Income before income taxes
$
852

Add:
 
Fixed charges
52

Less:
 
Income from equity investees
(2
)
Capitalized interest
(1
)
Income as adjusted
$
901

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

Portion of rents representative of interest factor
20

Capitalized interest
1

Total Fixed Charges
$
52

Ratio of earnings to fixed charges
17.3