EX-12 2 exhibit12_33117xq117.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, 2017
Earnings:
 
Income before income taxes
$
862

Add:
 
Fixed charges
52

Less:
 
Income from equity investees
(3
)
Capitalized interest
(1
)
Income as adjusted
$
910

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
34

Rents of one-third representative of interest factor
17

Capitalized interest
1

Total fixed charges
$
52

Ratio of earnings to fixed charges
17.5