Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

The following table sets forth our ratio of earnings to fixed charges for the periods indicated (in millions):

	Successor												Predecessor
	Twelve Months Ended Dec. 31,									Two Months Ended Dec. 31,			Ten Months Ended Oct. 31,		Twelve Months Ended Dec. 31,
	2009			2008			2007			2006			2006		2005
Earnings:
Earnings (loss) from continuing operations before taxes	$	81		$	118		$	22		$	(105	)	$	9,021	$	(4,513	)
Fixed charges (see below)		146			163			177			39			277		775
Amortization of capitalized interest		3			2			1			—			5		7
Capitalized interest		(10	)		(9	)		(11	)		(2	)		—		—
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges		—			—			—			—			—		—
Earnings, as adjusted	$	220		$	274		$	189		$	(68	)	$	9,303	$	(3,731	)
Fixed charges:
Portion of rents representative of interest expense (33%)	$	24		$	31		$	32		$	5		$	22	$	27
Interest on indebtedness, including amortization of deferred loan costs		112			123			134			32			255		748
Capitalized interest		10			9			11			2			—		—
Total fixed charges	$	146		$	163		$	177		$	39		$	277	$	775
Ratio of earnings to fixed charges		1.5			1.7			1.1			N/A			33.6		N/A

Due to the losses incurred for adjustments due to bankruptcy proceedings, we would have had to generate additional earnings of $107 million in the two months ended December 31, 2006 and $4.506 billion in the twelve months ended December 31, 2005 in order to achieve a coverage ratio of 1:1.