**Exhibit 12**

** **

 

**Computation of the Ratio ofEarnings to Fixed Charges**

 
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|------------------------------------------------------|---------------------|-------------------------------------------------------------------------|----------------------------------------------|---------------------------------------------------------------------|------------------------------------------------|---------------------------------------------------------------------|------------------------------------------------|---------------------------------------------------------------|------------------------------------------------|---------------------------------------------------------|-----------------------------------------|---------------------------------------------------------------|
|                                                      |                     |                                                                         | **Three**                                    |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
|                                                      |                     |                                                                         | **Months**                                   |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
| Years Ended June 30                                  |                     | **Ended**                                                               |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |
| (In millions, exceptratios)                          |                     | **9/30/04**                                                             |                                              | FY 2004                                                             |                                                | FY 2003                                                             |                                                | FY2002                                                        |                                                | FY2001                                                  |                                         | FY2000                                                        |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
| Earnings from continuingoperations                   |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |
|                                                      | before income taxes |                                                                         | **       189** |                                                                     |         840 |                                                                     |         802 |                                                               |         561 |                                                         |       479 |                                                               |       619 |
| Additions:                                           |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |
|    Amortization ofcapitalized interest     |                     | **          -**       |                                              |            2 |                                                |            2 |                                                |           2 |                                                |          2 |                                         |           1 |
|    Dividends frominvestees                 |                     | **          4**       |                                              |            9 |                                                |            5 |                                                |           6 |                                                |          6 |                                         |           6 |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
| Deductions:                                          |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |
|    Capitalizedinterest                     |                     | **           -** |                                              |          (1)           |                                                |          (1)           |                                                |         (1)           |                                                |         (1)     |                                         |          -       |
|    Undistributed income ofequity investees |                     | **        (3)**                 |                                              |         (12)                     |                                                |          (5)           |                                                |       (12)                      |                                                |       (12)                |                                         |       (14)                      |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |
|                                                      | Subtotal            |                                                                         | **       190** |                                                                     |         838 |                                                                     |         803 |                                                               |       556        |                                                         |       474 |                                                               |       612 |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |
| Interest expense                                     |                     | **          8**       |                                              |          30            |                                                |          28            |                                                |         38            |                                                |         88           |                                         |         98            |
| Capitalized interest                                 |                     | **           -** |                                              |            1 |                                                |            1 |                                                |           1 |                                                |          1 |                                         |           - |
| Portion of rental expenseattributable to interest    |                     | **          1**       |                                              |            5 |                                                |            4 |                                                |           5 |                                                |          4 |                                         |           4 |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
| Total Fixed Charges                                  |                     | **          9**       |                                              |          36            |                                                |          33            |                                                |         44            |                                                |         93           |                                         |         102                |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
| Total Earnings                                       |                     | **       199**                            |                                              |         874                      |                                                |         836                      |                                                |       600                       |                                                |       567                 |                                         |         714                |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |
| Ratio of earnings to fixedcharges                    |                     | **         22**                 |                                              |          24            |                                                |          25            |                                                |         14                 |                                                |          6 |                                         |           7 |
|                                                      |                     |                                                                         |                                              |                                                                     |                                                |                                                                     |                                                |                                                               |                                                |                                                         |                                         |                                                               |  |