Exhibit 12.1

Starbucks Corporation
Computation of Ratio of Earnings to Fixed Charges
(In Thousands, Except Ratio Data)

	9 mos ended			For the fiscal year ended
	07/01/07			10/01/06			10/02/05			10/3/2004			9/28/2003			9/29/2002
Earnings (1)	$	809,518		$	906,243		$	796,347		$	620,634		$	432,472		$	335,965
Income from equity investees		(69,517	)		(93,937	)		(76,648	)		(58,978	)		(36,903	)		(32,517	)
Distributed income from equity investees		42,324			49,238			30,919			38,328			28,966			22,834
Minority interest in subsidiaries		662			963			521			285			236			802
Amortization of capitalized interest		217			141			—			—			—			—
Fixed charges, excluding capitalized interest		175,358			181,811			149,114			132,344			121,211			106,909
Total earnings available for fixed charges	$	958,562		$	1,044,459		$	900,253		$	732,613		$	545,982		$	433,993
Fixed charges:
Interest and debt expense (2)	$	27,719		$	11,138		$	1,308		$	370		$	265		$	303
Interest portion of rental expense		150,640			173,352			147,806			131,974			120,946			106,606
Total fixed charges	$	178,359		$	184,490		$	149,114		$	132,344		$	121,211		$	106,909
Ratio of earnings to fixed charges		5.4			5.7			6.0			5.5			4.5			4.1

(1)	Earnings represent income from continuing operations before provision for income taxes and cumulative effect of accounting change.
(2)	Includes amortization of debt-related expenses and interest capitalized during the period.