EXHIBIT 12.1 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Years ended December 31,		2001			2000		1999			1998		1997
(In millions)
(Loss) income before income tax, net of minority interest		$	(2,326	)	$	1,782	$	(41	)	$	329	$	1,358
Adjustments:
	Interest expense		157			206		202			219		198
	Interest element of operating lease rental		35			32		35			47		34
(Loss) earnings before fixed charges		$	(2,134	)	$	2,020	$	196		$	595	$	1,590
Fixed charges:
	Interest expense	$	157		$	206	$	202		$	219	$	198
	Interest element of operating lease rental		35			32		35			47		34
Total fixed charges		$	192		$	238	$	237		$	266	$	232
Ratio of (loss) earnings to fixed charges (1)			(11.1	)		8.5		0.8			2.2		6.8
Deficiency		$	2,326		$	—	$	41		$	—	$	—

(1) For purposes of computing this ratio, earnings consist of income before income taxes plus fixed charges of consolidated companies. Fixed charges consist of interest and that portion of operating lease rental expense which is deemed to be an interest factor for such rentals.

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