EX-12 2 dd-9302018xex12.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
| Nine Months Ended September 30, 2018 | For the Period September 1 - September 1, 2017 | For the Period January 1 - August 31, 2017
(Loss) income from continuing operations before income taxes | $ | (4,482 | ) | $ | (298 | ) | $ | 1,791 |
Adjustment for companies accounted for by the equity method | 115 |  | 7 |  | (42 | )
Less: Capitalized interest | (14 | ) | (2 | ) | (18 | )
Add: Amortization of capitalized interest | 1 |  | — |  | 18 |
| (4,380 | ) | (293 | ) | 1,749 |
Fixed charges: |  |  |
Interest and debt expense | 248 |  | 27 |  | 254 |
Capitalized interest | 14 |  | 2 |  | 18 |
Rental expense representative of interest factor | 71 |  | 6 |  | 47 |
| 333 |  | 35 |  | 319 |
Total adjusted earnings available for payment of fixed charges | $ | (4,047 | ) | $ | (258 | ) | $ | 2,068 |
Number of times fixed charges earned | N/A 1 |  | N/A 1 |  | 6.5 |

1 The ratio coverage for the nine months ended September 30, 2018 and the period September 1 to September 30, 2017 is less than 1:1. DuPont would need to generate additional earnings of approximately $4,380 million and $293 million to achieve coverage of 1:1 for the nine months ended September 30, 2018 and the period September 1 to September 30, 2017, respectively.