Exhibit 12

CBS CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Tabular dollars in millions, except ratios)

	Twelve Months Ended
	December 31,
	2013			2012			2011			2010			2009
Earnings from continuing operations before income taxes and equity in loss of investee companies	$	2,897		$	2,561		$	2,179		$	1,335		$	577
Add:
Distributions from investee companies	13			17			13			-			2
Interest expense, net of capitalized interest	376			402			435			527			540
1/3 of rental expense	168			162			161			161			167
Total earnings from continuing operations	$	3,454		$	3,142		$	2,788		$	2,023		$	1,286
Fixed charges:
Interest expense, net of capitalized interest	$	376		$	402		$	435		$	527		$	540
1/3 of rental expense	168			162			161			161			167
Total fixed charges	$	544		$	564		$	596		$	688		$	707
Ratio of earnings to fixed charges	6.3		x	5.6		x	4.7		x	2.9		x	1.8		x