Kellogg (K) 8-K Entry into a Material Definitive Agreement

Exhibit 12.1

Kellogg Company

Computation of Ratio of Earnings to Fixed Charges

	Nine Months Ended			Fiscal Year Ended
(dollars in millions)	September 29, 2012			December 31, 2011			January 1, 2011			January 2, 2010			January 3, 2009			December 29, 2007
Fixed charges:
Interest expense, prior to amounts capitalized	$	197		$	237		$	250		$	299		$	314		$	324
Interest included in interest expense not related to third party indebtedness (interest on uncertain tax positions)		(3	)		3			(2	)		1			2			(9	)
Portions of rental expense representing interest		44			55			51			50			48			45
Less: interest expense related to the early redemption of long-term debt		—			—			—			(35	)		—			(5	)
Total fixed charges (B)	$	238		$	295		$	299		$	315		$	364		$	355
Earnings before income taxes	$	1,335		$	1,732		$	1,743		$	1,684		$	1,632		$	1,548
Fixed charges		238			295			299			315			364			355
Interest on uncertain tax positions included in pre-tax income		3			(3	)		2			(1	)		(2	)		9
Amortization of capitalized interest		4			5			6			6			5			6
Less: interest capitalized		(2	)		(5	)		(2	)		(3	)		(5	)		(5	)
Earnings before income taxes and fixed charges (A)	$	1,578		$	2,024		$	2,048		$	2,001		$	1,994		$	1,913
Ratio of earnings to fixed charges (A/B)		6.6			6.9			6.8			6.4			5.5			5.4