EXHIBIT 12

Computation of Earnings to Fixed Charges

Ratio of Earnings to Fixed Charges:	Three Months Ended March 31,
Dollars in Millions	2009		2008		2007		2006		2005		2004
Earnings
Earnings from continuing operations before income taxes	$	1,384	$	5,471	$	3,186	$	2,085	$	4,016	$	3,911
Less:
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges		391		1,444		1,106		609		812		704
Equity in net income of affiliates		146		617		524		474		334		273
Capitalized interest		4		23		27		18		9		10
Income adjusted for equity income		843		3,387		1,529		984		2,861		2,924
Add:
Fixed charges		71		393		504		566		408		369
Distributed income of equity investments		138		590		488		439		383		278
Pre-tax losses of equity investees		2		17		12		10		9		3
Total Earnings	$	1,054	$	4,387	$	2,533	$	1,999	$	3,661	$	3,574
Fixed Charges
Interest and debt expense	$	52	$	310	$	422	$	498	$	349	$	310
Capitalized interest		4		23		27		18		9		10
One-third of rental expense (1)		15		60		55		50		50		49
Total Fixed Charges	$	71	$	393	$	504	$	566	$	408	$	369
Ratio of Earnings to Fixed Charges		14.85		11.16		5.03		3.53		8.97		9.69

⁽¹⁾ Rents included in the computation consist of one-third of rental expense which the Company believes to be a conservative estimate of an interest factor in its leases, which are not material.

E-12-1