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EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING
OPERATIONS TO FIXED CHARGES
(Unaudited)

	Years Ended December 31:
(Dollars in millions)	2009		2008		2007		2006		2005
Income from continuing operations before income taxes(1)	$	18,159	$	16,742	$	14,492	$	13,322	$	12,236
Add:
Fixed charges, excluding capitalized interest		1,667		2,021		1,942		1,452		1,188
Income as adjusted before income taxes	$	19,826	$	18,763	$	16,434	$	14,774	$	13,424
Fixed charges:
Interest expense	$	1,108	$	1,461	$	1,422	$	970	$	745
Capitalized interest		13		15		9		11		16
Portion of rental expense representative of interest		559		560		520		482		443
Total fixed charges	$	1,680	$	2,036	$	1,951	$	1,463	$	1,204
Ratio of income from continuing operations to fixed charges		11.8		9.2		8.4		10.1		11.1

(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.

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EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES (Unaudited)