Exhibit 12.1

WASTE MANAGEMENT, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Millions, Except Ratios)
(Unaudited)

	Years Ended December 31,
	2008		2007		2006		2005		2004
Income before income taxes, cumulative effect of change in accounting principle, losses in equity investments and minority interests	$	1,801	$	1,792	$	1,560	$	1,253	$	1,316
Fixed charges deducted from income:
Interest expense		455		521		545		496		455
Implicit interest in rents		38		44		49		51		51
		493		565		594		547		506
Earnings available for fixed charges (a)	$	2,294	$	2,357	$	2,154	$	1,800	$	1,822
Interest expense	$	455	$	521	$	545	$	496	$	455
Capitalized interest		17		22		18		9		22
Implicit interest in rents		38		44		49		51		51
Total fixed charges (a)	$	510	$	587	$	612	$	556	$	528
Ratio of earnings to fixed charges		4.5x		4.0x		3.5x		3.2x		3.5x

(a) To the extent interest may be assessed by taxing authorities on any underpayment of income tax, such amounts are classified as a component of income tax expense in our Statements of Operations. For purposes of this disclosure, we have elected to exclude interest expense related to income tax matters from our measurements of “Earnings available for fixed charges” and “Total fixed charges” for all periods presented.