Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

(In millions, except ratio)

	2010						2009						2008						2007						2006
EARNINGS
Earnings from continuing operations before income taxes				$	3,826					$	4,230					$	4,626					$	4,310					$	3,546
Interest expense					345						308						332						341						361
Equity Earnings		(312	)					(278	)					(288	)					(203	)					(130	)
Dividends		231						218						245						146						110
Losses (undistributed earnings) of 50% and less than 50% owned companies, net					(81	)					(60	)					(43	)					(57	)					(20	)
Portion of rents representative of an interest factor and other					48						53						48						44						48
Adjusted earnings from continuing operations before income taxes				$	4,138					$	4,531					$	4,963					$	4,638					$	3,935
FIXED CHARGES
Interest expense				$	345					$	308					$	332					$	341					$	361
Portion of rents representative of an interest factor and other					48						53						48						44						48
Total fixed charges				$	393					$	361					$	380					$	385					$	409
RATIO OF EARNINGS TO FIXED CHARGES					10.5						12.6						13.1						12.0						9.6

Our computation of the ratio of earnings from continuing operations to fixed charges includes our consolidated subsidiaries and companies in which we own at least 20% but less than or equal to 50% of the equity. “Earnings” are determined by adding “total fixed charges,” excluding interest capitalized, to earnings from continuing operations before income taxes, eliminating equity in undistributed earnings and adding back losses of companies in which we own at least 20% but less than or equal to 50% of the equity. “Total fixed charges” consists of interest on all indebtedness, amortization of debt discount or premium, interest capitalized and an interest factor attributable to rents.