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| EXHIBIT 12.1 | ||||||||||||||||||||
| STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES | ||||||||||||||||||||
| (dollars in millions, except ratio information) | ||||||||||||||||||||
| Fiscal Years Ended December 31, | ||||||||||||||||||||
| 2006 | 2007 | 2008 | 2009 | 2010 | ||||||||||||||||
| Income from continuing operations | ||||||||||||||||||||
| before income taxes | 720.9 | 802.3 | 785.7 | 884.6 | 915.6 | |||||||||||||||
| Fixed Charges: | ||||||||||||||||||||
| Interest on long-term and | ||||||||||||||||||||
| short-term debt including | ||||||||||||||||||||
| amortization of debt expense | 47.8 | 56.6 | 72.0 | 62.9 | 70.0 | |||||||||||||||
| Portion of rental expense as can be | ||||||||||||||||||||
| demonstrated to be representative | ||||||||||||||||||||
| of the interest factor | 43.6 | 53.0 | 58.4 | 61.0 | 67.4 | |||||||||||||||
| Total fixed charges | 91.4 | 109.6 | 130.4 | 123.9 | 137.4 | |||||||||||||||
| Earnings before income taxes and | ||||||||||||||||||||
| fixed charges | 812.3 | 911.9 | 916.1 | 1,008.5 | 1,053.0 | |||||||||||||||
| Ratio of earnings to fixed charges | 8.89 | 8.32 | 7.03 | 8.14 | 7.66 | |||||||||||||||