Altria (MO) 10-Q 2013 Q1 Quarterly report

	Exhibit 12
Altria Group, Inc. and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges
(in millions of dollars)
	Three Months Ended March 31, 2013
Earnings before income taxes	$	2,147
Add (deduct):
Equity in net earnings of less than 50% owned affiliates	(256		)
Fixed charges	264
Interest capitalized, net of amortization	5
Earnings available for fixed charges	$	2,160
Fixed charges:
Interest incurred (a)	$	260
Portion of rent expense deemed to represent interest factor	4
Fixed charges	$	264
Ratio of earnings to fixed charges	8.2
(a) Altria Group, Inc. includes interest relating to uncertain tax positions in its provision for income taxes, therefore such amounts are not included in fixed charges in the computation.

													Exhibit 12
Altria Group, Inc. and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges
(in millions of dollars)
	For the Years Ended December 31,
	2012			2011			2010			2009				2008
Earnings from continuing operations before income taxes	$	6,477		$	5,582		$	5,723		$	4,877			$	4,789
Add (deduct):
Equity in net earnings of less than 50% owned affiliates	(1,229		)	(741		)	(631		)	(601		)		(471		)
Dividends from less than 50% owned affiliates	404			374			303			254				249
Fixed charges	1,165			1,254			1,152			1,249				529
Interest capitalized, net of amortization	(4		)	(2		)	26			5				(9		)
Earnings available for fixed charges	$	6,813		$	6,467		$	6,573		$	5,784			$	5,087
Fixed charges:
Interest incurred (a)	$	1,148		$	1,233		$	1,133		$	1,230			$	489
Portion of rent expense deemed to represent interest factor	17			21			19			19				40
Fixed charges	$	1,165		$	1,254		$	1,152		$	1,249			$	529
Ratio of earnings to fixed charges	5.8			5.2			5.7			4.6				9.6			(b)
(a) Altria Group, Inc. includes interest relating to uncertain tax positions in its provision for income taxes, therefore such amounts are not included in fixed charges in the computation.
(b) Computation includes interest incurred and the portion of rent expense deemed to represent the interest factor from the discontinued operations of Philip Morris International Inc. in fixed charges. Excluding these amounts from fixed charges, the ratio of earnings to fixed charges from continuing operations would have been 12.5 for the year ended December 31, 2008.