Exhibit 12

CBS CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Tabular dollars in millions, except ratios)

	Six Months Ended				Twelve Months Ended
	June 30,				December 31,
	2011		2010		2010		2009		2008			2007		2006
Earnings (loss) before income taxes and equity in earnings (loss) of investee companies	$	968	$	254	$	1,222	$	443	$	(12,575	)	$	2,133	$	2,133
Add:
Distributions from investee companies	2		—		—		2		6			8		9
Interest expense, net of capitalized interest	220		272		529		542		547			571		565
1/3 of rental expense	95		97		198		206		216			193		161
Total Earnings (loss)	$	1,285	$	623	$	1,949	$	1,193	$	(11,806	)	$	2,905	$	2,868
Fixed charges:
Interest expense, net of capitalized interest	$	220	$	272	$	529	$	542	$	547		$	571	$	565
1/3 of rental expense	95		97		198		206		216			193		161
Total fixed charges	$	315	$	369	$	727	$	748	$	763		$	764	$	726
Ratio of earnings to fixed charges	4x		2x		3x		2x		Note a			4x		4x

Note:

(a) Earnings are inadequate to cover fixed charges by $12.57 billion due to the non-cash impairment charges of $14.18 billion.