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EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED
CHARGES AND EARNINGS FROM CONTINUING OPERATIONS TO COMBINED FIXED
CHARGES AND PREFERRED STOCK DIVIDENDS
(Unaudited)

	Years Ended December 31:
(Dollars in millions)
	2005		2004		2003		2002		2001
Income from continuing operations before income taxes(1)	$	12,236	$	10,546	$	9,406	$	5,895	$	9,866
Add:
Fixed charges, excluding capitalized interest		1,188		1,048		1,121		1,237		1,639
Income as adjusted before income taxes	$	13,424	$	11,594	$	10,527	$	7,132	$	11,505
Fixed charges:
Interest expense	$	745	$	567	$	648	$	778	$	1,198
Capitalized interest		16		4		15		35		33
Portion of rental expense representative of interest		443		481		473		459		441
Total fixed charges	$	1,204	$	1,052	$	1,136	$	1,272	$	1,672
Preferred stock dividend(2)		—		—		—		—		14
Combined fixed charges and preferred stock dividends	$	1,204	$	1,052	$	1,136	$	1,272	$	1,686
Ratio of income from continuing operations to fixed charges		11.1		11.0		9.3		5.6		6.9
Ratio of income from continuing operations to combined fixed charges and preferred stock dividend		11.1		11.0		9.3		5.6		6.8

(1)

Income from continuing operations before income taxes excludes (a) amortization of capitalized interest and (b) the company's share in the income and losses of less-than-fifty percent owned affiliates.

(2)

Included in the ratio calculation are preferred stock dividends of $10 million for 2001,or $14 million for 2001 representing the pre-tax income that would be required to cover such dividend requirements based on the company's effective tax rate for 2001.

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EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES AND EARNINGS FROM CONTINUING OPERATIONS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS (Unaudited)