EXHIBIT 99.3

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

FOR THE YEAR ENDED DECEMBER 31

(in millions, except ratios)

	2005			2004			2003			2002			2001
Earnings:
Income from continuing operations before taxes on income and before accounting change	$	1,970		$	2,153		$	1,645		$	948		$	1,637
Minority interests’ share of earnings of majority-owned subsidiaries without fixed charges		—			—			—			—			—
Less equity earnings		(26	)		(145	)		(138	)		(72	)		(118	)
Fixed charges added to earnings		387			313			346			380			420
Distributed income of less than 50% owned persons		40			59			35			21			23
Amortization of capitalized interest:
Consolidated		25			25			21			14			13
Proportionate share of 50% owned persons		—			—			—			—			—
Total earnings	$	2,396		$	2,405		$	1,909		$	1,291		$	1,975
Fixed Charges:
Interest expense:
Consolidated	$	339		$	271		$	314		$	350		$	371
Proportionate share of 50% owned persons		3			3			4			4			6
		342			274			318			354			377
Amount representative of the interest factor in rents:
Consolidated		43			37			27			25			41
Proportionate share of 50% owned persons		2			2			1			1			2
		45			39			28			26			43
Fixed charges added to earnings		387			313			346			380			420
Interest capitalized:
Consolidated		58			27			21			22			22
Proportionate share of 50% owned persons		—			—			—			—			—
		58			27			21			22			22
Total fixed charges	$	445		$	340		$	367		$	402		$	442
Ratio of earnings to fixed charges		5.4			7.1			5.2			3.2			4.5

The financial information of all prior periods has been reclassified to reflect discontinued operations.