EXHIBIT 12 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)
Six Months Ended Fiscal Year Ended
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August 4, July 29, February 3, January 29, January 30, January 31, February 1,
2001 2000 2001* 2000 1999 1998 1997
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Consolidated pretax income $ 8,531 $ 91,583 $ 140,860 $ 283,949 $ 219,084 $ 410,035 $ 378,761
Fixed charges (less capitalized
interest) 107,336 127,052 249,671 261,638 219,341 147,466 139,188
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EARNINGS $ 115,867 $ 218,635 $ 390,531 $ 545,587 $ 438,425 $ 557,501 $ 517,949
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Interest $ 96,150 $ 116,322 $ 224,323 $ 236,566 $ 196,680 $ 129,237 $ 120,599
Capitalized interest 3,153 3,252 4,720 5,177 3,050 3,644 4,420
Interest factor in rent expense 11,186 10,730 25,348 25,072 22,661 18,229 18,589
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FIXED CHARGES $ 110,489 $ 130,304 $ 254,391 $ 266,815 $ 222,391 $ 151,110 $ 143,608
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Ratio of earnings to fixed charges 1.05 1.68 1.54 2.04 1.97 3.69 3.61
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* 53 Weeks