EX-12 3 dd-3312014xex12.htm EX-12 DD-3.31.2014-EX12


Exhibit 12
 
E.  I.  DU  PONT  DE  NEMOURS  AND  COMPANY
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
 
 
 
 
 
 
Three Months Ended March 31,
 
2014
 
2013
Income from continuing operations before income taxes
$
1,802

 
$
1,774

Adjustment for companies accounted for by the
   equity method
41

 
8

Less: Capitalized interest
(11
)
 
(10
)
Add: Amortization of capitalized interest
9

 
9

 
1,841

 
1,781

Fixed charges:
 

 
 
Interest and debt expense
103

 
117

Capitalized interest
11

 
10

Rental expense representative of interest factor
25

 
30

 
139

 
157

Total adjusted earnings available for payment of
    fixed charges
$
1,980

 
$
1,938

Number of times fixed charges earned
14.2

 
12.3