Exhibit 12



Electronic Data Systems Corporation

Computation of Ratio of Earnings to Fixed Charges (Unaudited)

(dollars in millions)



|                                                                                                                |  | Years Ended December 31, |      
|--------------------------------------------------------------------------------------------------------------- |  | ------------------------ | -----
|                                                                                                                |  | 2002                     |      
|                                                                                                               
|Fixed charges:                                                                                                  |  |                          |      
|Interest and related charges on debt and redeemable preferred stock dividends of
subsidiaries                   |  | $                        | 259  
|Portion of rentals deemed to be interest                                                                        |  |                          | 308  
|                                                                                                                |  |                          |      
|Total fixed charges                                                                                             |  |                          | 567  
|                                                                                                                |  |                          |      
|                                                                                                               
|Earnings available for fixed charges:                                                                           |  |                          |      
|Income from continuing operations before income taxes and cumulative effect of a change
in accounting principle |  |                          | 1,525
|Minority interest in consolidated subsidiaries and (income) losses of equity
investees                          |  |                          | (9   
|                                                                                                                |  |                          |      
|Subtotal                                                                                                        |  |                          | 1,516
|Total fixed charges per above                                                                                   |  |                          | 567  
|                                                                                                                |  |                          |      
|Earnings available for fixed charges                                                                            |  |                          | 2,083
|                                                                                                                |  |                          |      
|                                                                                                               
|Ratio of earnings to fixed charges                                                                              |  |                          | 3.7  
|                                                                                                                |  |                          |