Exhibit 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Twenty-six Weeks Ended				Fiscal Year Ended
Dollars in Millions	Nov. 26, 2006		Nov. 27, 2005		May 28, 2006		May 29, 2005		May 30, 2004			May 25, 2003			May 26, 2002
Earnings before Income Taxes
and After-tax Earnings from Joint Ventures	$	951	$	900	$	1,559	$	1,808	$	1,502		$	1,310		$	663
Plus: Distributed Income of Equity Investees		10		24		77		83		60			95			17
Plus: Fixed Charges (1)		246		224		463		524		569			619			468
Plus: Amortization of Capitalized Interest, net of Interest Capitalized		—		1		2		1		(5	)		(5	)		—
Earnings Available to Cover Fixed Charges	$	1,207	$	1,149	$	2,101	$	2,416	$	2,126		$	2,019		$	1,148
Ratio of Earnings to Fixed Charges		4.91		5.13		4.54		4.61		3.74			3.26			2.45
(1) Fixed Charges:
Interest and Minority Interest
Expense, Gross	$	228	$	208	$	428	$	488	$	537		$	589		$	445
Rentals (1/3)		18		16		35		36		32			30			23
Total Fixed Charges	$	246	$	224	$	463	$	524	$	569		$	619		$	468

For purposes of computing the ratio of earnings to fixed charges, earnings represent earnings before income taxes and after-tax earnings of joint ventures, distributed income of equity investees, fixed charges, and amortization of capitalized interest, net of interest capitalized. 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 reclassified previously reported Ratios of Earnings to Fixed Charges to conform to the current year presentation.