Exhibit 12

CBS CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Tabular dollars in millions, except ratios)

	Nine Months Ended						Twelve Months Ended
	September 30,						December 31,
	2011			2010			2010			2009			2008			2007			2006
Earnings (loss) from continuing operations before income taxes and equity in loss of investee companies	$	1,542		$	763		$	1,222		$	443		$	(12,575	)	$	2,133		$	2,133
Add:
Distributions from investee companies	2			—			—			2			6			8			9
Interest expense, net of capitalized interest	330			399			529			542			547			571			565
1/3 of rental expense	146			147			198			206			216			193			161
Total earnings (loss)	$	2,020		$	1,309		$	1,949		$	1,193		$	(11,806	)	$	2,905		$	2,868
Fixed charges:
Interest expense, net of capitalized interest	$	330		$	399		$	529		$	542		$	547		$	571		$	565
1/3 of rental expense	146			147			198			206			216			193			161
Total fixed charges	$	476		$	546		$	727		$	748		$	763		$	764		$	726
Ratio of earnings to fixed charges	4.2		x	2.4		x	2.7		x	1.6		x	Note		(a)	3.8		x	4.0		x

Note:

(a) Earnings are inadequate to cover fixed charges by $12.57 billion due to the non-cash impairment charges of $14.18 billion.