Exhibit 12 COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES Three months ended Nine months ended June 30 June 30 (Dollars and shares in thousands) 1996 1995 1996 1995 Income before taxes $121,067 $101,076 $336,504 $286,141 Add fixed charges: Interest expense 6,844 8,104 21,746 22,544 Interest factor on rent 2,072 1,918 6,022 5,316 Total fixed charges $8,916 $10,022 $27,768 $27,860 Earnings before fixed charges and taxes on income $129,983 $111,098 $364,272 $314,001 Ratio of earnings to fixed charges 14.6 11.1 13.1 11.3