1 EXHIBIT 12 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Quarter Ended October 2, October 3, 1998 1997 ---------- ---------- (Millions of Dollars, Except Ratios) EARNINGS: Net income . . . . . . . . . . . . . . . . . . . . . $28.4 $43.6 Plus: Income taxes. . . . . . . . . . . . . . . . . 14.7 22.5 Fixed charges . . . . . . . . . . . . . . . . 26.7 24.4 Amortization of capitalized interest. . . . . .5 .4 Less: Interest capitalized during the period. . . . (.1) (2.8) ----- ----- $70.2 $88.1 ===== ===== FIXED CHARGES: Interest expense . . . . . . . . . . . . . . . . . . $21.1 $16.9 Plus: Interest capitalized during the period. . . . .1 2.8 Portion of rents deemed representative of the interest factor. . . . . . . . . . . . . . . 5.5 4.7 ----- ----- $26.7 $24.4 ===== ===== RATIO OF EARNINGS TO FIXED CHARGES . . . . . . . . . 2.89 3.61 ===== =====