EX-12 2 a10-17602_1ex12.htm EX-12

Exhibit 12

 

E.  I.  DU  PONT  DE  NEMOURS  AND  COMPANY

 

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions)

 

 

 

Nine Months

 

 

 

 

 

 

 

 

 

 

 

 

 

Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

Years Ended December 31,

 

 

 

2010

 

2009

 

2008

 

2007

 

2006

 

2005

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

$

3,485

 

$

2,184

 

$

2,391

 

$

3,743

 

$

3,329

 

$

3,563

 

Adjustment for companies accounted for by the equity method

 

(74

)

(50

)

6

 

218

 

11

 

(1

)

Capitalized interest

 

(27

)

(47

)

(49

)

(45

)

(37

)

(23

)

Amortization of capitalized interest

 

26

 

37

 

37

 

34

 

33

 

33

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,410

 

2,124

 

2,385

 

3,950

 

3,336

 

3,572

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and debt expense

 

309

 

408

 

376

 

430

 

460

 

518

 

Capitalized interest

 

27

 

47

 

49

 

45

 

37

 

23

 

Rental expense representative of interest factor

 

76

 

101

 

107

 

107

 

94

 

88

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

412

 

556

 

532

 

582

 

591

 

629

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total adjusted earnings available for payment of fixed charges

 

$

3,822

 

$

2,680

 

$

2,917

 

$

4,532

 

$

3,927

 

$

4,201

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of times fixed charges earned

 

9.3

 

4.8

 

5.5

 

7.8

 

6.6

 

6.7