EXHIBIT 12.2

Computation of Ratios of Earnings to Combined Fixed Charges
and Preferred Stock Dividends

Dollars in millions

		Year Ended December 31,
		2002		2001		2000		1999		1998
Income before cumulative effect of change in accounting principle		$	4,619	$	5,726	$	4,448	$	3,912	$	3,418
Add:
	Provision for taxes		1,429		2,041		1,583		1,514		1,187
	Interest expense on all indebtedness		40,287		41,080		37,107		30,601		25,885
Earnings, as adjusted		$	46,335	$	48,847	$	43,138	$	36,027	$	30,490
Fixed charges:
	Interest expense on all indebtedness	$	40,287	$	41,080	$	37,107	$	30,601	$	25,885
	Preferred stock dividends		99		138		121		78		66
Fixed charges including preferred stock dividends		$	40,386	$	41,218	$	37,228	$	30,679	$	25,951
Ratio of earnings to combined fixed charges and preferred dividends			1.15		1.19		1.16		1.17		1.17