EXHIBIT 12.1

Ratio of Earnings to Fixed Charges and

Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

			Years Ended December 31,
(in thousands, except ratios)			2013		2012		2011
	Income from continuing operations before income taxes		$	357,159	$	659,271	$	681,334
	Interest expense			218,581		182,705		118,360
	Rental expense attributable to interest			1,906		1,553		1,193
		Earnings	$	577,646	$	843,529	$	800,887
	Interest expense		$	218,581	$	182,705	$	118,360
	Capitalized interest			-		-		73
	Rental expense attributable to interest			1,906		1,553		1,193
	Preferred stock dividends			-		-		-
		Fixed charges and preferred stock dividends	$	220,487	$	184,258	$	119,626
	Ratio of earnings to fixed charges (a)			2.62		4.58		6.69
	Ratio of earnings to fixed charges and preferred stock dividends (b)			2.62		4.58		6.69

(a)The ratio has been computed by dividing earnings by fixed charges. For purposes of computing the ratio:

•earnings include income from continuing operations before income taxes, adjusted for interest expense and the portion of rental expense deemed to be representative of the interest component of rental expense; and

•fixed charges consist of interest expense, capitalized interest and the portion of rental expense deemed to be representative of the interest component of rental expense.

(b)The ratio has been computed by dividing earnings by fixed charges and preferred stock dividends. For purposes of computing the ratio:

•earnings include income from continuing operations before income taxes, adjusted for interest expense and the portion of rental expense deemed to be representative of the interest component of rental expense; and

•fixed charges and preferred stock dividends consist of interest expense, capitalized interest, the portion of rental expense deemed to be representative of the interest component of rental expense and preferred stock dividends.

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