NET EARNINGS $2,794 $1,550 $2,786 $2,446 $2,334 ADD (DEDUCT) Income Taxes 880 333 1,030 951 908 Capitalized interest cost, net of amoritization 8 (6) (3) (1) 1 Minority interest 18 17 8 8 7
NET EARNINGS AS ADJUSTED $3,700 $1,894 $3,821 $3,404 $3,250
FIXED CHARGES Interest on long-term and short-term debt 239 307 114 145 160
Capitalized interest cost 8 22 18 13 14
Rental expense represenative of an interest factor 59 50 48 44 40 ----------------------------------------------------------------
TOTAL FIXED CHARGES 306 379 180 202 214 ----------------------------------------------------------------
TOTAL ADJUSTED EARNINGS AVAILABLE FOR PAYMENT OF FIXED CHARGES 4,006 $2,273 $4,001 $3,606 $3,464 ================================================================
RATIO OF EARNINGS TO FIXED CHARGES 13.1 6.0 22.2 17.9 16.2 ================================================================
