Years Ended December 31,

(Dollars in millions)

     2006     

     2005     

     2004     

     2003     

     2002     

EXCLUDING INTEREST ON DEPOSITS:

Pre-tax income from continuing operations, as reported

$

1,771

$

1,432

$

1,192

$

1,112

$

1,555

Share of pre-tax income (loss) of unconsolidated affiliates

43

16

39

11

(1

)

Fixed charges

1,384

948

481

424

552

Earnings

(A)

$

3,198

$

2,396

$

1,712

$

1,547

$

2,106

Interest on other short-term borrowings

$

1,145

$

753

$

315

$

279

$

426

Interest on long-term debt, including amortization of debt issuance costs

140

100

68

69

71

Portion of rents representative of the interest factor in long-term leases (1)

99

95

98

76

55

Fixed Charges

(B)

$

1,384

$

948

$

481

$

424

$

552

Consolidated ratio of earnings to fixed charges excluding interest on deposits

(A)/(B)

2.31

x

2.53

x

3.56

x

3.65

x

3.82

x

INCLUDING INTEREST ON DEPOSITS:

Pre-tax income from continuing operations, as reported

$

1,771

$

1,432

$

1,192

$

1,112

$

1,555

Share of pre-tax income (loss) of unconsolidated subsidiaries

43

16

39

11

(1

)

Fixed charges

3,275

2,080

993

796

1,050

Earnings

(C)

$

5,089

$

3,528

$

2,224

$

1,919

$

2,604

Interest on other short-term borrowings and deposits

$

3,036

$

1,885

$

827

$

651

$

924

Interest on long-term debt, including amortization of debt issuance costs

140

100

68

69

71

Portion of rents representative of the interest factor in long-term leases (1)

99

95

98

76

55

Fixed Charges

(D)

$

3,275

$

2,080

$

993

$

796

$

1,050

Consolidated ratio of earnings to fixed charges including interest on deposits

(C)/(D)

1.55

x

1.70

x

2.24

x

2.41

x

2.48

x