Six months ended

June 29,

July 1,

2008

2007

Millions

Earnings

Earnings before income taxes and minority interests

$

761

$

567

Add:

   Fixed charges

48

52

   Amortization of capitalized interest

2

3

   Distributed income of equity investees

61

55

Less:

   Equity in earnings of investees

125

83

   Capitalized interest

3

3

Earnings before fixed charges

$

744

$

591

Fixed charges

Interest expense

$

23

$

30

Capitalized interest

3

3

Amortization of debt discount

1

1

Interest portion of rental expense(1)

21

18

Total fixed charges

$

48

$

52

Ratio of earnings to fixed charges

15.5

11.4

(1) Amounts represent those portions of rent expense that are reasonable approximations of interest costs.