EX-12 3 dex12.txt COMPUTATION OF THE RATIOS OF EARNINGS EXHIBIT 12 RATIO OF EARNINGS TO FIXED CHARGES WHIRLPOOL CORPORATION AND SUBSIDIARIES
December 31, ------------ 2000 1999 ---- ---- Pretax earnings.................................................. $577 $514 Portion of rents representative of the interest factor........... 23 22 Interest on indebtedness......................................... 181 166 Amortization of debt expense and premium......................... 1 1 WFC preferred stock dividend..................................... 4 4 ---- ---- Adjusted income.................................................. $786 $707 ==== ==== Fixed charges ------------- Portion of rents representative of the interest factor......... $ 23 $ 22 Interest on indebtedness....................................... 181 166 Amortization of debt expense and premium....................... 1 1 WFC preferred stock dividend................................... 4 4 ---- ---- $209 $193 ==== ==== Ratio of earnings to fixed charges............................... 3.8 3.7 ==== ====