EXHIBIT 12.2 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES TOTAL ENTERPRISE BASIS--UNAUDITED CONTINUING OPERATIONS (DOLLARS IN MILLIONS) YEAR ENDED DECEMBER 31 --------------------------------------------------- 1999 1998 1997 1996 1995 ---- ---- ---- ---- ---- Portion of rentals representing interest............... $ 95 $ 105 $ 82 $ 78 $ 76 Capitalized interest................................... 26 46 31 11 13 Other interest and fixed charges....................... 365 318 352 428 486 ------ ------ ------ ------- ------- Total fixed charges (A)................................ $ 486 $ 469 $ 465 $ 517 $ 575 ====== ====== ====== ======= ======= Earnings--pretax income with applicable adjustments (B)......................... $2,098 $1,671 $1,761 $1,887 $ 909 ====== ====== ====== ====== ======= Ratio of (B) to (A).................................... 4.32 3.56 3.79 3.65 1.58 ==== ====== ====== ======= ======= - ------------------