2009

2008

2007

2006

2005

Determination of Earnings:

Income from continuing operation before taxes

$

2,978

$

3,821

$

3,337

$

2,815

$

2,306

Add (Deduct):

Amortization of capitalized interest

21

22

22

22

22

Fixed charges

540

542

543

488

465

Equity income, net of distributions

(26

)

(63

)

(10

)

(7

)

(30

)

Total earnings, as defined

$

3,513

$

4,322

$

3,892

$

3,318

$

2,763

Fixed Charges:

Rents (a)

$

81

$

86

$

87

$

114

$

109

Interest and other financial charges

459

456

456

374

356

540

542

543

488

465

Capitalized interest

15

26

22

22

17

Total fixed charges

$

555

$

568

$

565

$

510

$

482

Ratio of Earnings to Fixed Charges

6.33

7.61

6.89

6.51

5.73

(a)

Denotes the equivalent of an appropriate portion of rentals representative of the interest factor on all rentals other than for capitalized leases.