EX-12 2 a2164766zex-12.htm EXHIBIT 12

Exhibit 12

 
    
   Fiscal Year
(In Millions)
   Nine months ended
September 30, 2005
  2004
   2003
   2002
   2001
   2000
Consolidated pretax income from continuing operations   $ 295   $ 366   $ 186   $ 235   $ 196   $ 259

Amortization of capitalized interest
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—

Interest
 
 
83
 
 
111
 
 
118
 
 
105
 
 
76
 
 
72

Less interest capitalized during the period
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—

Net amortization of debt discount and premium and issuance expense
 
 
5
 
 
7
 
 
8
 
 
8
 
 
2
 
 
—

Interest portion of rental expense
 
 
1
 
 
1
 
 
1
 
 
1
 
 
—
 
 
—
   
 
 
 
 
 

Earnings
 
$
384
 
$
485
 
$
313
 
$
349
 
$
274
 
$
331
   
 
 
 
 
 

Interest
 
$
83
 
$
111
 
$
118
 
$
105
 
$
76
 
$
72

Net amortization of debt discount and premium and issuance expense
 
 
5
 
 
7
 
 
8
 
 
8
 
 
2
 
 
—

Interest portion of rental expense
 
 
1
 
 
1
 
 
1
 
 
1
 
 
—
 
 
—
   
 
 
 
 
 

Fixed Charges
 
$
89
 
$
119
 
$
127
 
$
114
 
$
78
 
$
72
   
 
 
 
 
 

Ratio of Earnings to Fixed Charges
 
 
4.3
 
 
4.1
 
 
2.5
 
 
3.1
 
 
3.5
 
 
4.6