Exhibit 12.2 91ÖÆƬ³§ Corporation Computation of Ratio of Earnings to Fixed Charges Unaudited Continuing Operations (Dollars in Millions)
Year Ended December 31 ---------------------------------------- 2001 2000 1999 1998 1997 ----- ---- ---- ---- ---- Portion of rentals representing interest .. $ 45 $ 48 $ 46 $ 52 $ 47 Capitalized interest ...................... 1 3 7 6 7 Other interest and fixed charges .......... 153 115 74 47 91 ----- ---- ---- ---- ---- Total fixed charges (A) ................... $ 199 $166 $127 $105 $145 ===== ==== ==== ==== ==== Earnings-pretax income with applicable adjustments (B) .............. $(387) $187 $295 $618 $781 ===== ==== ==== ==== ==== Ratio of (B) to (A) ....................... ***(a) 1.13 2.33 5.89 5.39 ===== ==== ==== ==== ====
(a) Earnings did not cover fixed charges by $586 million in 2001.