Exhibit 12

Computation of Ratio of Earnings to Fixed Charges

	Year Ended December 31,
	2004			2005			2006			2007			2008
	(In thousands, except ratios)
Earnings
Earnings before income taxes	$	1,725,891		$	2,027,083		$	2,692,435		$	2,253,315		$	2,790,470
Plus: minority interests		80,840			110,650			219,121			293,501			313,921
Plus/(Less): losses/(earnings) from equity investments		(4,070	)		(476	)		17,690			24,618			36,920
Plus: fixed charges (includes interest expense and amortization of bond issuance costs and settled swaps and estimated interest on rent expense)		30,645			36,571			40,351			55,381			146,360
Plus: amortization of capitalized interest		108			216			216			216			300
Plus: distributed income of equity investees		—			—			3,172			8,072			20,117
Less: interest capitalized		(1,310	)		—			—			(3,700	)		(10,020	)
Less: minority interests in subsidiaries that have not incurred fixed charges		(80,840	)		(110,650	)		(219,121	)		(293,604	)		(314,277	)
	$	1,751,264		$	2,063,394		$	2,753,864		$	2,337,799		$	2,983,791
Fixed charges
Interest expense and amortization of bond issuance and settled swaps		30,645			36,571			40,351			55,052			144,845
Estimated interest on rent expense		—			—			—			329			1,515
Total Fixed Charges		30,645			36,571			40,351			55,381			146,360
Ratio of earnings to fixed charges		57.15			56.42			68.25			42.21			20.39