Exhibit 12



Electronic Data Systems Corporation

Computation of Ratio of Earnings to Fixed Charges (Unaudited)

(dollars in millions)



|                                                                                                                       |  |                          |      |   |      |   |       |      |  |   |       |   |  |      |       |   |  |   |       |  
|---------------------------------------------------------------------------------------------------------------------- |  | ------------------------ | ---- | - | ---- | - | ----- | ---- |  | - | ----- | - |  | ---- | ----- | - |  | - | ----- | -
|                                                                                                                       |  | Years Ended December 31, |     
|                                                                                                                       |  | 2003                     |      |   | 2002 |   |       | 2001 |  |   | 2000  |   |  | 1999 |      
|Fixed charges:                                                                                                         |  |                          |      |   |      |   |       |      |  |   |       |   |  |      |       |   |  |   |       |  
|Interest and related charges on debt and redeemable preferred stock dividends of subsidiaries                          |  | $                        | 301  |   |      | $ | 259   |      |  | $ | 247   |   |  | $    | 210   |   |  | $ | 150   |  
|Portion of rentals deemed to be interest                                                                               |  |                          | 342  |   |      |   | 308   |      |  |   | 352   |   |  |      | 319   |   |  |   | 352   |  
|                                                                                                                       |  |                          |      |   |      |   |       |      |  |   |       |   |  |      |       |   |  |   |       |  
|Total fixed charges                                                                                                    |  |                          | 643  |   |      |   | 567   |      |  |   | 599   |   |  |      | 529   |   |  |   | 502   |  
|                                                                                                                       |  |                          |      |   |     
|Earnings available for fixed charges:                                                                                  |  |                          |      |   |      |   |       |      |  |   |       |   |  |      |       |   |  |   |       |  
|Income (loss) from continuing operations before income taxes and cumulative effect of a change in accounting principle |  |                          | (389 | ) |      |   | 1,524 |      |  |   | 2,156 |   |  |      | 1,762 |   |  |   | 624   |  
|Minority interest in consolidated subsidiaries and (income) losses of equity investees                                 |  |                          | (1   | ) |      |   | (9    | )    |  |   | (9    | ) |  |      | (4    | ) |  |   | (7    | )
|Total fixed charges per above                                                                                          |  |                          | 643  |   |      |   | 567   |      |  |   | 599   |   |  |      | 529   |   |  |   | 502   |  
|                                                                                                                       |  |                          |      |   |      |   |       |      |  |   |       |   |  |      |       |   |  |   |       |  
|Earnings available for fixed charges                                                                                   |  |                          | 253  |   |      |   | 2,082 |      |  |   | 2,746 |   |  |      | 2,287 |   |  |   | 1,119 |  
|                                                                                                                       |  |                          |      |   |      |   |       |      |  |   |       |   |  |      |       |   |  |   |       |  
|Coverage (deficiency)                                                                                                  |  |                          | (390 | ) |      |   | 1,515 |      |  |   | 2,147 |   |  |      | 1,758 |   |  |   | 617   |  
|                                                                                                                       |  |                          |      |   |     
|Ratio of earnings to fixed charges                                                                                     |  |                          |     |   |      |   | 3.7   |      |  |   | 4.6   |   |  |      | 4.3   |   |  |   | 2.2   |  
|                                                                                                                       |  |                          |      |   |      |   |       |      |  |   |       |   |  |      |       |   |  |   |       |