EX-12 2 exhibit12_63016xq216.htm EXHIBIT 12 Exhibit


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Six Months Ended
June 30, 2016
Earnings:
 
Income before income taxes
$
1,758

Add:
 
Fixed charges
116

Less:
 
Income from equity investees
(5
)
Capitalized interest
(4
)
Income as adjusted
$
1,865

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
76

Portion of rents representative of interest factor
36

Capitalized interest
4

Total Fixed Charges
$
116

Ratio of earnings to fixed charges
16.1