EXHIBIT 12.2 STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
| Year Ended December 31 | |||||||||||||||||||
| Nine Months Ended September 30 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | ||||||||||||||
| (in millions, except ratios) | |||||||||||||||||||
| Earnings | |||||||||||||||||||
| Income (Loss) Before Income Tax, Extraordinary Loss, and Cumulative Effect of Accounting Principle Change | $ | 418.5 | $ | 825.1 | $ | 865.6 | $ | (165.5 | ) | $ | 920.2 | $ | 916.7 | ||||||
| Fixed Charges | 133.3 | 189.0 | 197.1 | 155.2 | 138.3 | 101.1 | |||||||||||||
| Adjusted Earnings | $ | 551.8 | $ | 1,014.1 | $ | 1,062.7 | $ | (10.3 | ) | $ | 1,058.5 | $ | 1,017.8 | ||||||
| Combined Fixed Charges and Preferred Stock Dividends | |||||||||||||||||||
| Interest and Debt Expense | $ | 120.0 | $ | 169.6 | $ | 181.8 | $ | 137.8 | $ | 119.9 | $ | 84.9 | |||||||
| Amortization of Deferred Debt Costs | 2.4 | 7.1 | 2.4 | 2.4 | 3.3 | 0.7 | |||||||||||||
| Portion of Rents Deemed Representative of Interest (a) | 10.9 | 12.3 | 12.9 | 15.0 | 15.1 | 15.5 | |||||||||||||
| Preferred Stock Dividends | — | — | — | — | 2.9 | 19.5 | |||||||||||||
| Total Combined Fixed Charges and Preferred Stock Dividends | $ | 133.3 | $ | 189.0 | $ | 197.1 | $ | 155.2 | $ | 141.2 | $ | 120.6 | |||||||
| Ratio of Earnings to Combined | |||||||||||||||||||
| Fixed Charges and Preferred Stock Dividends | 4.1 | 5.4 | 5.4 | (0.1 | ) | 7.5 | 8.4 | ||||||||||||
| (a) | Generally deemed to be one-third of rental expense |