EX-12 3 exhibit12_33118xq118.htm EXHIBIT 12
EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
(Unaudited)

| Three Months Ended March 31, 2018
Earnings: |
Income before income taxes | $ | 924 |
Add: |
Fixed charges | 65 |
Less: |
Income from equity investees | (3 | )
Capitalized interest | — |
Income as adjusted | $ | 986 |
Fixed Charges: |
Interest on indebtedness and amortization of debt expense and discount or premium | $ | 47 |
Rents of one-third representative of interest factor | 18 |
Capitalized interest | — |
Total fixed charges | $ | 65 |
Ratio of earnings to fixed charges | 15.2 |