EX-12 2 exhibit12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exhibit12.htm

Exhibit 12
General Electric Company
Computation of Ratio of Earnings to Fixed Charges


 
Three months
 
ended
 
March 31,
 
2012
(Dollars in millions)
(Unaudited)
     
General Electric Company and consolidated affiliates
    
Earnings(a)
$
3,658 
Plus:
    
   Interest and other financial charges included in expense(b)
  
3,358 
   One-third of rental expense(c)
  
134 
Adjusted “earnings”
$
7,150 
     
Fixed charges:
    
  Interest and other financial charges included in expense(b)
$
3,358 
  Interest capitalized
  
6 
  One-third of rental expense(c)
  
134 
Total fixed charges
$
3,498 
     
Ratio of earnings to fixed charges
  
2.04 
     
     
(a)
Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.
 
(b)
Included interest on tax deficiencies.
 
(c)
Considered to be representative of interest factor in rental expense.