Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
(In Thousands)
| Twelve Months Ended December 31, | ||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
| Earnings: |
||||||||||||||||||||
| Income from continuing operations before income taxes |
467,913 | 788,345 | 725,595 | 428,957 | 550,920 | |||||||||||||||
| Fixed charges, as shown below |
249,804 | 69,277 | 69,402 | 61,336 | 50,227 | |||||||||||||||
| Equity in income of investees |
(21,428 | ) | (15,707 | ) | (11,140 | ) | (6,551 | ) | (1,201 | ) | ||||||||||
| Minority InterestGas |
(11,845 | ) | (27,425 | ) | (43,191 | ) | (25,038 | ) | (29,608 | ) | ||||||||||
| Adjusted Earnings (Loss) |
684,444 | 814,490 | 740,666 | 458,704 | 570,338 | |||||||||||||||
| Fixed charges: |
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| Interest on indebtedness, expensed or capitalized |
218,425 | 43,290 | 48,345 | 45,414 | 35,818 | |||||||||||||||
| Interest within rent expense |
31,379 | 25,987 | 21,057 | 15,922 | 14,409 | |||||||||||||||
| Total Fixed Charges |
249,804 | 69,277 | 69,402 | 61,336 | 50,227 | |||||||||||||||
| Ratio of Earnings to Fixed Charges |
2.74 | 11.76 | 10.67 | 7.48 | 11.36 | |||||||||||||||