EXHIBIT 12.1



Statement Regarding Computation of Ratio of Earnings to Fixed Charges



|                                                              |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |      
|------------------------------------------------------------- |  | ------------------------ | ----- | ---- | - | ----- |  | ---- | ----- | ---- | - | ----- |  | - | -----
|                                                              |  | Years Ended December 31,
|                                                              |  | 2004                     |       | 2003 |   | 2002  |  | 2001 |       | 2000
|                                                              |  | (Dollars in millions)   
|Earnings calculation:                                         |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |      
|                                                              |  |                          |       |      |  
|Income before income taxes                                    |  | $                        | 292.0 |      | $ | 239.8 |  | $    | 172.0 |      | $ | 164.5 |  | $ | 141.1
|Fixed charges                                                 |  |                          | 100.1 |      |   | 98.0  |  |      | 83.0  |      |   | 83.0  |  |   | 94.8 
|                                                              |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |      
|Earnings                                                      |  | $                        | 392.1 |      | $ | 337.8 |  | $    | 255.0 |      | $ | 247.5 |  | $ | 235.9
|                                                              |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |      
|Fixed charges calculation:                                    |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |      
|                                                              |  |                          |       |      |  
|Interest expense excluding senior note                        |  | $                        | 1.1   |      | $ | 0.9   |  | $    | 1.3   |      | $ | 1.2   |  | $ | 1.9  
|Amortization of senior note                                   |  |                          | 17.5  |      |   | 17.5  |  |      | 4.6   |      |   |      |  |   |     
|Interest credited                                             |  |                          | 76.5  |      |   | 75.0  |  |      | 72.9  |      |   | 78.7  |  |   | 90.4 
|Portion of rental expense representing an interest factor (1) |  |                          | 5.0   |      |   | 4.6   |  |      | 4.2   |      |   | 3.1   |  |   | 2.5  
|                                                              |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |      
|Total fixed charges                                           |  | $                        | 100.1 |      | $ | 98.0  |  | $    | 83.0  |      | $ | 83.0  |  | $ | 94.8 
|                                                              |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |      
|Ratio of earnings to fixed charges                            |  |                          | 3.9x  |      |   | 3.4x  |  |      | 3.1x  |      |   | 3.0x  |  |   | 2.5x 

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|(1) | Interest portion of operating leases is assumed to be 28 percent.
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