EXHIBIT 12.1 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (IN MILLIONS, EXCEPT RATIO OF EARNINGS TO FIXED CHARGES) Three Months Ended ---------------------------- Year Ended December 31, March 30, March 31, ------------------------------------------------------------- 2002 2001 2001 2000 1999 1998 1997 ------------- ------------- ----------- ---------- ---------- ---------- ---------- Income before provision for national income taxes, minority interests in net income (loss) of subsidiaries, equity (income) loss of affiliates and extraordinary items $ 69.7 $ 33.4 $110.4 $484.2 $443.0 $214.8 $345.8 Fixed charges 65.7 77.8 293.6 349.3 253.8 130.7 113.6 Distributed income of affiliates 0.1 - 4.2 2.0 1.8 2.3 3.9 ------------- ------------- ----------- ---------- ---------- ---------- ---------- Earnings $ 135.5 $ 111.2 $408.2 $835.5 $698.6 $347.8 $463.3 ============= ============= =========== ========== ========== ========== ========== Interest expense $ 55.7 $ 70.1 $254.7 $316.2 $235.1 $110.5 $101.0 Portion of lease expense representative of interest 10.0 7.7 38.9 33.1 18.7 20.2 12.6 ------------- ------------- ----------- ---------- ---------- ---------- ---------- Fixed Charges $ 65.7 $ 77.8 $293.6 $349.3 $253.8 $130.7 $113.6 ============= ============= =========== ========== ========== ========== ========== Ratio of Earnings to Fixed Charges 2.1 1.4 1.4 2.4 2.8 2.7 4.1 Fixed Charges in Excess of Earnings - - - - - - -