EX-12 2 exhibit12_63018xq218.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, 2018
Earnings:
 
Income before income taxes
$
1,812

Add:
 
Fixed charges
132

Less:
 
Income from equity investees
(5
)
Capitalized interest
(1
)
Income as adjusted
$
1,938

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
95

Rents of one-third representative of interest factor
36

Capitalized interest
1

Total fixed charges
$
132

Ratio of earnings to fixed charges
14.7