Exhibit 12.01
eBay Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions, except ratio data)

 
Nine Months Ended
September 30,
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
 
2015
 
2014
 
2013
 
Income from Continuing Operations Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Method Investees
$
2,210

 
$
2,288

 
$
3,672

 
$
2,400

 
$
2,539

 
$
2,561

 
Add: Fixed Charges (1)
271

 
326

 
253

 
170

 
148

 
123

 
Earnings (2)
$
2,481

 
$
2,614

 
$
3,925

 
$
2,570

 
$
2,687

 
$
2,684

 
Fixed Charges (1)
$
271

 
$
326

 
$
253

 
$
170

 
$
148

 
$
123

 
Ratio of Earnings to Fixed Charges
9.2

x
8.0

x
15.5

x
15.1

x
18.2

x
21.8

x

(1)
Fixed Charges consist of interest expense and our estimate of an appropriate portion of rentals representative of the interest factor. The estimate of interest within rental expense is estimated to be one-third of rental expense.
(2)
Earnings consist of income from continuing operations before income taxes, noncontrolling interest and income/loss of equity method investees plus Fixed Charges.