EX-12 4 dd-12312016xex12.htm EX-12
Exhibit 12
E. I. DU PONT DE NEMOURS AND COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)

|  | 2016 |  | 2015 |  | 2014 |  | 2013 |  | 2012
Income from continuing operations before income taxes |  | $ | 3,265 |  |  | $ | 2,591 |  |  | $ | 4,313 |  |  | $ | 2,566 |  |  | $ | 1,290 |
Adjustment for companies accounted for by the equity method |  | (23) |  |  | 39 |  |  | 150 |  |  | 63 |  |  | (12) |
Less: Capitalized interest |  | (25) |  |  | (70) |  |  | (56) |  |  | (39) |  |  | (37) |
Add: Amortization of capitalized interest |  | 51 |  |  | 32 |  |  | 36 |  |  | 36 |  |  | 37 |
|  | 3,268 |  |  | 2,592 |  |  | 4,443 |  |  | 2,626 |  |  | 1,278 |
Fixed charges: |  |  |  |  |  |  |  |  |  |  |
Interest and debt expense |  | 370 |  |  | 322 |  |  | 377 |  |  | 448 |  |  | 464 |
Capitalized interest |  | 25 |  |  | 70 |  |  | 56 |  |  | 39 |  |  | 37 |
Rental expense representative of interest factor |  | 77 |  |  | 107 |  |  | 108 |  |  | 101 |  |  | 121 |
|  | 472 |  |  | 499 |  |  | 541 |  |  | 588 |  |  | 622 |
Total adjusted earnings available for payment of fixed charges |  | $ | 3,740 |  |  | $ | 3,091 |  |  | $ | 4,984 |  |  | $ | 3,214 |  |  | $ | 1,900 |
Number of times fixed charges earned |  | 7.9 |  |  | 6.2 |  |  | 9.2 |  |  | 5.5 |  |  | 3.1 |