EX-12 8 dd-6302012xex12.htm EX-12 DD-6.30.2012-EX12


Exhibit 12
 
E.  I.  DU  PONT  DE  NEMOURS  AND  COMPANY
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
 
 
 
 
 
Years Ended December 31,
 
 
Six Months
Ended
June 30, 2012
 
2011
 
2010
 
2009
 
2008
 
2007
Income before income taxes
 
$
3,578

 
$
4,282

 
$
3,711

 
$
2,184

 
$
2,391

 
$
3,743

Adjustment for companies accounted for by the
   equity method
 
(9
)
 
(72
)
 
(74
)
 
(50
)
 
6

 
218

Less: Capitalized interest
 
(19
)
 
(46
)
 
(38
)
 
(47
)
 
(49
)
 
(45
)
Add: Amortization of capitalized interest
 
19

 
36

 
35

 
37

 
37

 
34

 
 
3,569

 
4,200

 
3,634

 
2,124

 
2,385

 
3,950

Fixed charges:
 
 

 
 

 
 

 
 

 
 

 
 

Interest and debt expense
 
231

 
447

 
590

 
408

 
376

 
430

Capitalized interest
 
19

 
46

 
38

 
47

 
49

 
45

Rental expense representative of interest factor
 
51

 
103

 
89

 
101

 
107

 
107

 
 
301

 
596

 
717

 
556

 
532

 
582

Total adjusted earnings available for payment of
    fixed charges
 
$
3,870

 
$
4,796

 
$
4,351

 
$
2,680

 
$
2,917

 
$
4,532

Number of times fixed charges earned
 
12.9

 
8.0

 
6.1

 
4.8

 
5.5

 
7.8