EX-12.1 24 g03376exv12w1.htm EX-12.1 Ex-12.1
 

Exhibit 12.1
                 
    Q2 06     Q2 05  
Earnings before fixed charges:
                
Income (loss) from continuing operations before income taxes
     1037       857  
Addback (deduct): Loss (income) on equity investment
     -5       -4  
     
 
     1032       853  
Interest and debt expense
     87       50  
Interest portion of rental expense
     5       6  
     
Earnings (loss) before fixed charges
     1124       909  
     
 
                
Fixed charges:
                
Interest and debt expense
     87       50  
Interest portion of rental expense
     5       6  
     
Total fixed charges
     92       56  
     
 
                
     
Ratio of earnings to fixed charges
     12.2       16.2  
     
 
Deficiency in the coverage of fixed charges by earnings before fixed charges