Exhibit 12.1

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)

	Six Months Ended June 30,				Year Ended December 31,
In millions $	2012		2011		2011		2010		2009		2008		2007
Earnings:
Income from continuing operations before taxes	5,953		6,604		10,773		11,702		9,922		9,499		7,487
- Results from associated companies	(304	)	(247	)	(528	)	(804	)	(293	)	(441	)	(412	)
Income from continuing operations before taxes (after eliminating our share of results from associated companies)	5.649		6.357		10,245		10,898		9,629		9,058		7,075
+ Fixed charges	410		448		888		809		664		405		354
+ Dividends from associated companies	398		381		403		568		504		248		155
Total EARNINGS	6,457		7,186		11,536		12,275		10,797		9,711		7,584
Fixed charges:
Interest expense	347		379		751		692		551		290		237
Interest within rental expense (1/3 of rental)	63		69		137		117		113		115		117
Total FIXED CHARGES	410		448		888		809		664		405		354
Ratio of Earnings to Fixed Charges	15.7		16.0		13.0		15.2		16.3		24.0		21.4