EX-12 3 exhibit12_33116xq116.htm EXHIBIT 12 Exhibit


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Three Months Ended
March 31, 2016
Earnings:
 
Income before income taxes
$
839

Add:
 
Fixed charges
58

Less:
 
Income from equity investees
(2
)
Capitalized interest
(2
)
Income as adjusted
$
893

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
38

Portion of rents representative of interest factor
18

Capitalized interest
2

Total Fixed Charges
$
58

Ratio of earnings to fixed charges
15.4