Exhibit 12

CBS CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO AND EARNINGS TO FIXED CHARGES

(Tabular dollars in millions, except ratios)

	Nine Months Ended
	September 30,						December 31,
	2014			2013			2013			2012			2011			2010			2009
Earnings from continuing operations before income taxes and equity in loss of investee companies	$	1,561		$	2,033		$	2,665		$	2,357		$	1,983		$	1,209		$	533
Add:
Distributions from investee companies	8			5			8			11			6			—			2
Interest expense, net of capitalized interest	276			281			375			401			433			526			538
1/3 of rental expense	51			48			70			68			68			68			71
Total earnings from continuing operations	$	1,896		$	2,367		$	3,118		$	2,837		$	2,490		$	1,803		$	1,144
Fixed charges:
Interest expense, net of capitalized interest	$	276		$	281		$	375		$	401		$	433		$	526		$	538
1/3 of rental expense	51			48			70			68			68			68			71
Total fixed charges	$	327		$	329		$	445		$	469		$	501		$	594		$	609
Ratio of earnings to fixed charges	5.8		x	7.2		x	7.0		x	6.0		x	5.0		x	3.0		x	1.9		x