EX-12 8 d259084dex12.htm COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES Computation of ratios of earnings to fixed charges

Exhibit 12

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES

Exhibit 12—Ratio of Earning to Fixed Charges

 

(Dollars in millions)   Years ended December 31  
    2011     2010     2009     2008     2007  

Interest expense and amortization of debt expense and premium

  $ 8.7      $ 27.8      $ 35.6      $ 47.0      $ 58.9   

Capitalized interest

    1.9        1.0        2.3        0.7        0.8   

Interest in rent expense

    6.0        5.9        6.8        7.3        5.6   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

  $ 16.6      $ 34.7      $ 44.7      $ 55.0      $ 65.3   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Income before Income Taxes

  $ 494.6      $ 418.2      $ 392.2      $ 308.3      $ 264.9   

Plus:

         

Fixed Charges

    16.6        34.7        44.7        55.0        65.3   

Amortization of capitalized interest

    0.8        0.7        0.6        0.4        0.4   

Distributed income from equity investment

    10.5        8.7        9.3        11.0        7.1   

Less:

         

Capitalized interest

    (1.9     (1.0     (2.3     (0.7     (0.8

Equity in earnings from affiliates

    (10.0     (5.0     (12.1     (11.3     (8.2

Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges

    0.0        0.0        0.0        0.0        0.0   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings as adjusted

  $ 510.6      $ 456.3      $ 432.4      $ 362.7      $ 328.7   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

    30.8        13.1        9.7        6.6        5.0