Exhibit 12.3

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

	Year Ended December 31,
	2016		2015		2014		2013(1)		2012(1) (2)
	(in $ millions)
Earnings:
Income from continuing operations before taxes	7,817		8,134		12,272		10,807		11,236

- Income from associated companies	(703	)	(266	)	(1,918	)	(599	)	(549	)

Income from continuing operations before taxes (after eliminating our share of income from associated companies)	7,114		7,868		10,354		10,208		10,687

+ Fixed charges	819		759		818		798		844

+ Dividends from associated companies	898		431		478		443		421

Total EARNINGS	8,831		9,058		11,650		11,449		11,952

Fixed charges:
Interest expense	707		655		704		683		724
Interest within rental expense (1/3 of rental)	112		104		114		115		120

Total FIXED CHARGES	819		759		818		798		844

Ratio of Earnings to Fixed Charges	10.8		11.9		14.2		14.3		14.2

(1) Figures for 2013 and 2012 differ from previously published information and have been restated to reflect the implications of the presentation of continuing operations as described in more detail for both years under Item 18. Financial Statements — Note 30 in our Annual Report on Form 20-F for the year ended December 31, 2014.

(2) Figures for 2012 have been restated to reflect the adoption of revised IAS 19 on Employee Benefits.