EX-12 2 dd-3312016xex12.htm EX-12 Exhibit


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,
 
2016
 
2015
Income from continuing operations before income taxes
$
1,635

 
$
1,551

Adjustment for companies accounted for by the
   equity method
(2
)
 
8

Less: Capitalized interest
(6
)
 
(20
)
Add: Amortization of capitalized interest
7

 
9

 
1,634

 
1,548

Fixed charges:
 

 
 
Interest and debt expense
92

 
84

Capitalized interest
6

 
20

Rental expense representative of interest factor
27

 
27

 
125

 
131

Total adjusted earnings available for payment of
    fixed charges
$
1,759

 
$
1,679

Number of times fixed charges earned
14.1

 
12.8