EX-12 2 exhibit12_93014xq314.htm EXHIBIT 12 EXHIBIT 12_9/30/14_ Q3'14


EXHIBIT 12

COLGATE-PALMOLIVE COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in Millions)
(Unaudited)
                                            
 
Nine Months Ended
September 30, 2014
Earnings:
 
Income before income taxes
$
2,542

Add:
 
Fixed charges
159

Less:
 
Income from equity investees
(5
)
Capitalized interest
(3
)
Income as adjusted
$
2,693

Fixed Charges:
 
Interest on indebtedness and amortization of debt expense and discount or premium
$
99

Portion of rents representative of interest factor
57

Capitalized interest
3

Total Fixed Charges
$
159

Ratio of earnings to fixed charges
16.9