EX-12 3 exhibit12.htm EXHIBIT 12 exhibit12.htm

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


   
Six months
         
ended
   
June 30, 2014
(Dollars in millions)
  
(Unaudited)
           
General Electric Company and consolidated affiliates
          
Earnings(a)
      
$
 6,973 
Plus:
          
   Interest and other financial charges included in expense(b)
        
 4,759 
   One-third of rental expense(c)
        
 246 
Adjusted “earnings”
      
$
 11,978 
           
Fixed charges:
          
  Interest and other financial charges included in expense(b)
      
$
 4,759 
  Interest capitalized
        
 14 
  One-third of rental expense(c)
        
 246 
Total fixed charges
      
$
 5,019 
           
Ratio of earnings to fixed charges
        
 2.39 
           
(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.