exhibit 12.01

(Dollar amounts in millions, except ratios)	Years Ended December 31,
	2005			2004			2003			2002			2001

Pre-tax income from continuing operations before
adjustment for minority interests in consolidated
subsidiaries or income or loss from equity
investees	$	1,130		$	948		$	771		$	717		$	576
Capitalized interest		(11	)		(7	)		(9	)		(9	)		(17	)
Depreciation of capitalized interest		14			13			12			12			11
Dividends from less than 50%-owned
companies carried at equity		17			11			19			9			5
Adjusted pre-tax income from continuing
operations before adjustment for minority
interests in consolidated subsidiaries or income
or loss from equity investees	$	1,150		$	965		$	793		$	729		$	575

Fixed charges:
Interest on long-term and short-term debt	$	163		$	155		$	151		$	206		$	224
Capitalized interest		11			7			9			9			17
Rental expenses representative
of an interest factor		32			29			31			32			37
Preferred stock dividend requirements of
consolidated subsidiaries		-			1			-			1			2
Total fixed charges		206			192			191			248			280
Less: preferred stock dividend requirements of
consolidated subsidiaries		-			(1	)		-			(1	)		(2	)
Total fixed charges less preferred stock dividends	$	206		$	191		$	191		$	247		$	278

Pre-tax income from continuing operations before
adjustment for minority interests in consolidated
subsidiaries or income or loss from equity
investees plus fixed charges and preferred stock
dividend requirements of consolidated
subsidiaries	$	1,356		$	1,157		$	984		$	977		$	855
Less: preferred stock dividend requirements of
consolidated subsidiaries		-			(1	)		-			(1	)		(2	)
Total earnings less preferred stock dividends	$	1,356		$	1,156		$	984		$	976		$	853

RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS		6.6			6.0			5.2			3.9			3.1

RATIO OF EARNINGS TO FIXED CHARGES		6.6			6.1			5.2			3.9			3.1