Exhibit 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Thirteen Weeks Ended					Fiscal Year Ended
Dollars in Millions	Aug. 28, 2005		Aug. 29, 2004			May 29, 2005			May 30, 2004			May 25, 2003			May 26, 2002			May 27, 2001
Earnings before Income Taxes       and Earnings from Joint Ventures	$	364	$	240		$	1,815		$	1,509		$	1,316		$	667		$	998
Earnings from Joint Ventures       before Income Taxes		26		35			121			100			81			40			21
Plus: Fixed Charges (1)		103		127			524			569			619			468			237
Less: Capitalized Interest		—		(1	)		(3	)		(8	)		(8	)		(3	)		(2	)
Earnings Available to Cover       Fixed Charges	$	493	$	401		$	2,457		$	2,170		$	2,008		$	1,172		$	1,254
Ratio of Earnings to       Fixed Charges		4.76		3.16			4.69			3.81			3.24			2.50			5.29
Note (1)
Fixed Charges:
Interest and Minority Interest, Gross	$	95	$	118		$	488		$	537		$	589		$	445		$	223
Rentals (1/3)		8		9			36			32			30			23			14
Total Fixed Charges	$	103	$	127		$	524		$	569		$	619		$	468		$	237

For purposes of computing the ratio of earnings to fixed charges, earnings represent earnings before income taxes and joint ventures, plus pretax earnings or losses of joint ventures, plus fixed charges, less adjustment for capitalized interest. Fixed charges represent gross interest expense and subsidiary preferred distributions to minority interest holders, plus one-third (the proportion deemed representative of the interest factor) of rent expense. Calculations are based on underlying numbers.

We have not presented a ratio of earnings to fixed charges and preference stock dividends because we currently have no preference stock outstanding.