EX-12 2 dd-ex12_2017930xq3.htm EX-12
Exhibit 12
E. I. DU PONT DE NEMOURS AND COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)

|  | Successor | Predecessor
|  | For the Period September 1 - September 30, 2017 | For the Period January 1 - August 31, 2017 | Nine Months Ended September 30, 2016
Income from continuing operations before income taxes |  | $ | (298 | ) | $ | 1,791 |  | $ | 2,474 |
Adjustment for companies accounted for by the equity method |  | 7 |  | (42 | ) | (41 | )
Less: Capitalized interest |  | (2 | ) | (18 | ) | (18 | )
Add: Amortization of capitalized interest |  | — |  | 18 |  | 21 |
|  | (293 | ) | 1,749 |  | 2,436 |
Fixed charges: |  |  |  |  |  |
Interest and debt expense |  | 27 |  | 254 |  | 278 |
Capitalized interest |  | 2 |  | 18 |  | 18 |
Rental expense representative of interest factor |  | 6 |  | 47 |  | 76 |
|  | 35 |  | 319 |  | 372 |
Total adjusted earnings available for payment of fixed charges |  | $ | (258 | ) | $ | 2,068 |  | $ | 2,808 |
Number of times fixed charges earned |  | N/A 1 |  | 6.5 |  | 7.5 |

1 The ratio coverage for the period September 1 to September 30, 2017 is less than 1:1. DuPont would need to generate additional earnings of approximately $293 million to achieve coverage of 1:1 for the period September 1 to September 30, 2017.