EX-12 2 exhibit12.htm exhibit12.htm
Exhibit 12
General Electric Company
Computation of Ratio of Earnings to Fixed Charges


 
Six months
 
ended
 
June 30,
 
2012
(Dollars in millions)
(Unaudited)
     
General Electric Company and consolidated affiliates
    
Earnings(a)
$
7,369 
Plus:
    
   Interest and other financial charges included in expense(b)
  
6,569 
   One-third of rental expense(c)
  
262 
Adjusted “earnings”
$
14,200 
     
Fixed charges:
    
  Interest and other financial charges included in expense(b)
$
6,569 
  Interest capitalized
  
13 
  One-third of rental expense(c)
  
262 
Total fixed charges
$
6,844 
     
Ratio of earnings to fixed charges
  
2.07 
     
     
(a)
Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.
 
(b)
Included interest on tax deficiencies.
 
(c)
Considered to be representative of interest factor in rental expense.