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 | ||||||||||||
