Exhibit 12.2
51ºÚÁÏ
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
| Six Months Ended June 30, |
Year Ended December 31, | |||||||||||||||||||||
| (Dollars in Millions) | 2009 | 2008 | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||
| Portion of rentals representing interest |
$ | 12 | $ | 8 | $ | 33 | $ | 32 | $ | 44 | $ | 45 | $ | 51 | ||||||||
| Capitalized interest |
10 | 5 | 14 | 7 | 3 | 12 | 8 | |||||||||||||||
| Other interest and fixed charges |
78 | 118 | 179 | 135 | 123 | 87 | 131 | |||||||||||||||
| Total fixed charges (A) |
$ | 100 | $ | 131 | $ | 226 | $ | 174 | $ | 170 | $ | 144 | $ | 190 | ||||||||
| Earnings-pretax income with applicable adjustments (B) |
$ | (884 | ) | $ | 1,341 | $ | 3,203 | $ | 1,305 | $ | 1,884 | $ | 1,467 | $ | 1,687 | |||||||
| Ratio of (B) to (A) |
(a) | 10.24 | 14.17 | 7.50 | 11.08 | 10.19 | 8.88 | |||||||||||||||
| (a) | Earnings did not cover fixed charges by $984 million. |