EX-12.1 2 d37084dex121.htm EX-12.1

EX-12.1

Exhibit 12.1

		Nine months ended, September 30,								Year Ended December 31,
		2015				2014				2014				2013				2012				2011				2010
Earnings
Income before income taxes and cumulative effect of accounting changes		$	2,632			$	1,515			$	1,816			$	1,210			$	685			$	323			$	745
Add: Fixed charges		$	305			$	316			$	410			$	406			$	444			$	469			$	363
Less: Interest capitalized		$	23			$	18			$	23			$	24			$	21			$	12			$	19
Total		$	2,914			$	1,813			$	2,203			$	1,592			$	1,109			$	780			$	1,089
Fixed charges
Interest expense (net)		$	69			$	80			$	107			$	107			$	126			$	182			$	148
Add: Interest capitalized		$	23			$	18			$	23			$	24			$	21			$	12			$	19
Gross interest expense		$	92			$	98			$	130			$	131			$	147			$	194			$	167
Add: Interest factor of operating lease expense		$	213			$	218			$	280			$	275			$	298			$	275			$	197
Total		$	305			$	316			$	410			$	406			$	444			$	469			$	364
Ratio of earnings to fixed charges			9.55				5.74				5.37				3.92				2.49				1.66				2.99