EX-12 2 y87861exv12.htm EX-12

exv12

EXHIBIT 12

CALCULATION OF RATIO OF EARNINGS TO TOTAL FIXED CHARGES

(In millions, except ratio)

			2010					2009				2008					2007					2006
Earnings:
Income from continuing operations before income tax expense			$	818				$	810			$	1,076				$	899				$	727
Add:
Fixed Charges				109					109				149					122					92
Total earnings available for fixed charges				927					919				1,225					1,021					819
Fixed Charges:
Interest expense and other financial charges				100					99				140					115					86
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor				9					10				9					7					6
Total fixed charges			$	109				$	109			$	149				$	122				$	92
Ratio of earnings to total fixed charges				8.5x					8.4	x			8.2	x				8.4	x				8.9x