Exhibit 12

CBS CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Tabular dollars in millions, except ratios)

	Nine Months Ended					Twelve Months Ended
	September 30,					December 31,
	2013			2012		2012			2011			2010			2009			2008
Earnings (loss) from continuing operations before income taxes and equity in loss of investee companies	$	2,189		$	1,926	$	2,561		$	2,179		$	1,335		$	577		$	(12,076	)
Add:
Distributions from investee companies	9			3		17			13			—			2			6
Interest expense, net of capitalized interest	281			308		402			435			527			540			544
1/3 of rental expense	124			117		162			161			161			167			164
Total Earnings (loss) from continuing operations	$	2,603		$	2,354	$	3,142		$	2,788		$	2,023		$	1,286		$	(11,362	)
Fixed charges:
Interest expense, net of capitalized interest	$	281		$	308	$	402		$	435		$	527		$	540		$	544
1/3 of rental expense	124			117		162			161			161			167			164
Total fixed charges	$	405		$	425	$	564		$	596		$	688		$	707		$	708
Ratio of earnings to fixed charges	6.4		x	5.5x		5.6		x	4.7		x	2.9		x	1.8		x	Note a

Note:

(a) Earnings are inadequate to cover fixed charges by $12.07 billion in 2008 due to the noncash impairment charges of $13.63 billion.