Exhibit 12

Ratio of Earnings To Fixed Charges

($ in millions except ratios)	Jan. 28, 2006		Jan. 29, 2005			Jan. 31, 2004			Feb. 1, 2003			Feb. 2, 2002
Earnings before income taxes	$	1,793	$	1,872		$	1,684		$	801		$	213
Less: capitalized interest, net		—		(1	)		(2	)		(2	)		(18	)
Add: total fixed charges		578		682			736			744			577
Earnings available for fixed charges	$	2,371	$	2,553		$	2,418		$	1,543		$	772
Fixed charges:
Gross interest incurred	$	45	$	167		$	234		$	249		$	109
Interest portion of rent expense		533		515			502			495			468
Total fixed charges	$	578	$	682		$	736		$	744		$	577
Ratio of earnings to fixed charges		4.1		3.7			3.3			2.1			1.3