EXHIBIT 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

AND PREFERRED OP UNIT DISTRIBUTIONS

(in millions, except ratio amounts)



|                                                                      |  |               |     |   |           |   |     |  
|--------------------------------------------------------------------- |  | ------------- | --- | - | --------- | - | --- | -
|                                                                      |  | Quarter ended |    
|                                                                      |  | March 21,     |     |   | March 23, |  
|                                                                      |  | 2008          |     |   | 2007      |  
|Income from continuing operations before income taxes                 |  | $             | 56  |   |           | $ | 42  |  
|Add (deduct):                                                         |  |               |     |   |           |   |     |  
|Fixed charges                                                         |  |               | 93  |   |           |   | 109 |  
|Capitalized interest                                                  |  |               | (3  | ) |           |   | (2  | )
|Amortization of capitalized interest                                  |  |               | 1   |   |           |   | 1   |  
|Minority interest in consolidated affiliates                          |  |               | 6   |   |           |   | 4   |  
|Equity in earnings related to certain 50% or less owned affiliates    |  |               |    |   |           |   | (2  | )
|Distributions from equity investments                                 |  |               | 2   |   |           |   | 2   |  
|Distributions on preferred OP Units                                   |  |               | (2  | ) |           |   | (2  | )
|                                                                      |  |               |     |   |           |   |     |  
|Adjusted earnings                                                     |  | $             | 153 |   |           | $ | 152 |  
|                                                                      |  |               |     |   |           |   |     |  
|Fixed charges:                                                        |  |               |     |   |           |   |     |  
|Interest on indebtedness and amortization of deferred financing costs |  | $             | 76  |   |           | $ | 94  |  
|Capitalized interest                                                  |  |               | 3   |   |           |   | 2   |  
|Distributions on preferred OP Units                                   |  |               | 2   |   |           |   | 2   |  
|Portion of rents representative of the interest factor                |  |               | 12  |   |           |   | 11  |  
|                                                                      |  |               |     |   |           |   |     |  
|Total fixed charges and preferred OP Unit distributions               |  | $             | 93  |   |           | $ | 109 |  
|                                                                      |  |               |     |   |           |   |     |  
|Ratio of earning to fixed charges and preferred OP Unit distributions |  |               | 1.6 |   |           |   | 1.4 |  



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