Exhibit 12.1

	February 3,			January 28,			January 29,			January 31,			February 1,
	2007			2006			2005			2004			2003
	(53 weeks)			(52 weeks)			(52 weeks)			(52 weeks)			(52 weeks)
							(in millions of dollars)
Earnings:
Earnings before tax expense	$	1,748		$	1,525		$	286		$	739		$	1,950
Fixed charges		870			895			950			983			1,000
Capitalized interest		(13	)		(7	)		(5	)		(5	)		(5	)
Pre-tax earnings before fixed charges	$	2,605		$	2,413		$	1,231		$	1,717		$	2,945
Fixed charges:
Interest	$	501		$	518		$	562		$	609		$	624
Portion of rental payments deemed to be interest		370			377			388			374			376
Total fixed charges	$	871		$	895		$	950		$	983		$	1,000
Ratio of earnings to fixed charges		3.0			2.7			1.3			1.7			2.9