EXHIBIT 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

AND PREFERRED OP UNIT DISTRIBUTIONS

(in millions, except ratio amounts)



|                                                                            |  |                    |     |   |                  |   |     |  
|--------------------------------------------------------------------------- |  | ------------------ | --- | - | ---------------- | - | --- | -
|                                                                            |  | Year-to-date ended |    
|                                                                            |  | September 8,2006   |     |   | September 9,2005 |  
|Income (loss) from continuing operations before income taxes                |  | $                  | 185 |   |                  | $ | 96  |  
|Add (deduct):                                                               |  |                    |     |   |                  |   |     |  
|Fixed charges                                                               |  |                    | 350 |   |                  |   | 378 |  
|Capitalized interest                                                        |  |                    | (2  | ) |                  |   | (3  | )
|Amortization of capitalized interest                                        |  |                    | 4   |   |                  |   | 4   |  
|Minority interest in consolidated affiliates                                |  |                    | 7   |   |                  |   | 6   |  
|Equity in (earnings) losses related to certain 50% or less owned affiliates |  |                    | 8   |   |                  |   | 1   |  
|Distributions from equity investments                                       |  |                    | 3   |   |                  |   | 2   |  
|Distributions on preferred OP units                                         |  |                    | (12 | ) |                  |   | (21 | )
|Issuance costs of redeemed preferred units                                  |  |                    | (6  | ) |                  |   | (4  | )
|                                                                            |  |                    |     |   |                  |   |     |  
|Adjusted earnings                                                           |  | $                  | 537 |   |                  | $ | 459 |  
|                                                                            |  |                    |     |   |                  |   |     |  
|Fixed charges:                                                              |  |                    |     |   |                  |   |     |  
|Interest on indebtedness and amortization of deferred financing costs       |  | $                  | 298 |   |                  | $ | 318 |  
|Capitalized interest                                                        |  |                    | 2   |   |                  |   | 3   |  
|Distributions on preferred OP units                                         |  |                    | 12  |   |                  |   | 21  |  
|Portion of rents representative of the interest factor                      |  |                    | 32  |   |                  |   | 32  |  
|Issuance costs of redeemed preferred units                                  |  |                    | 6   |   |                  |   | 4   |  
|                                                                            |  |                    |     |   |                  |   |     |  
|Total fixed charges and preferred unit distributions                        |  | $                  | 350 |   |                  | $ | 378 |  
|                                                                            |  |                    |     |   |                  |   |     |  
|Ratio of earning to fixed charges and preferred OP unit distributions       |  |                    | 1.5 |   |                  |   | 1.2 |