EXHIBIT 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

AND PREFERRED STOCK DIVIDENDSOP UNIT
DISTRIBUTIONS

(in millions, except ratio amounts)



|                                                                      |  |                    |     |   |              |   |     |  
|--------------------------------------------------------------------- |  | ------------------ | --- | - | ------------ | - | --- | -
|                                                                      |  | Year-to-Date ended |    
|                                                                      |  | June 13,2008       |     |   | June 15,2007 |  
|Income from continuing operations before income taxes                 |  | $                  | 257 |   |              | $ | 203 |  
|Add (deduct):                                                         |  |                    |     |   |              |   |     |  
|Fixed charges                                                         |  |                    | 191 |   |              |   | 262 |  
|Capitalized interest                                                  |  |                    | (6  | ) |              |   | (4  | )
|Amortization of capitalized interest                                  |  |                    | 3   |   |              |   | 3   |  
|Minority interest in consolidated affiliates                          |  |                    | 8   |   |              |   | 4   |  
|Equity in earnings related to certain 50% or less owned affiliates    |  |                    | (2  | ) |              |   | (5  | )
|Distributions from equity investments                                 |  |                    | 3   |   |              |   | 2   |  
|Distributions on preferred OP Units                                   |  |                    | (4  | ) |              |   | (4  | )
|                                                                      |  |                    |     |   |              |   |     |  
|Adjusted earnings                                                     |  | $                  | 450 |   |              | $ | 461 |  
|                                                                      |  |                    |     |   |              |   |     |  
|Fixed charges:                                                        |  |                    |     |   |              |   |     |  
|Interest on indebtedness and amortization of deferred financing costs |  | $                  | 157 |   |              | $ | 230 |  
|Capitalized interest                                                  |  |                    | 6   |   |              |   | 4   |  
|Distributions on preferred OP Units                                   |  |                    | 4   |   |              |   | 4   |  
|Portion of rents representative of the interest factor                |  |                    | 24  |   |              |   | 24  |  
|                                                                      |  |                    |     |   |              |   |     |  
|Total fixed charges and preferred OP Unit distributions               |  | $                  | 191 |   |              | $ | 262 |  
|                                                                      |  |                    |     |   |              |   |     |  
|Ratio of earning to fixed charges and preferred OP Unit distributions |  |                    | 2.4 |   |              |   | 1.8 |  



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