EX-12 4 exhibit12.htm EXHIBIT 12 exhibit12.htm
Exhibit 12
General Electric Company
Computation of Ratio of Earnings to Fixed Charges


   
Three months
         
ended
   
March 31, 2014
(Dollars in millions)
 
(Unaudited)
           
General Electric Company and consolidated affiliates
         
Earnings(a)
     
$
 3,313 
Plus:
         
   Interest and other financial charges included in expense(b)
       
 2,414 
   One-third of rental expense(c)
       
 122 
Adjusted “earnings”
     
$
 5,849 
           
Fixed charges:
         
  Interest and other financial charges included in expense(b)
     
$
 2,414 
  Interest capitalized
       
 7 
  One-third of rental expense(c)
       
 122 
Total fixed charges
     
$
 2,543 
           
Ratio of earnings to fixed charges
       
 2.30 
           
(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.