EX-12 2 exhibit12_93015xq315.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, 2015
Earnings:
 
Income before income taxes
$
2,909

Add:
 
Fixed charges
160

Less:
 
Income from equity investees
(6
)
Capitalized interest
(4
)
Income as adjusted
$
3,059

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
96

Portion of rents representative of interest factor
60

Capitalized interest
4

Total Fixed Charges
$
160

Ratio of earnings to fixed charges
19.1