Six Months Ended | ||||||||
June 28, | June 30, | |||||||
2008 | 2007 | |||||||
Income before taxes |
$ | 4,484 | $ | 3,402 | ||||
Adjustments: |
||||||||
Add fixed charges |
72 | 59 | ||||||
Subtract interest capitalized |
(38 | ) | (24 | ) | ||||
Income before taxes and fixed
charges |
$ | 4,518 | $ | 3,437 | ||||
Fixed charges: |
||||||||
Interest1 |
$ | 8 | $ | 7 | ||||
Capitalized interest |
38 | 24 | ||||||
Estimated interest component
of rental expense |
26 | 28 | ||||||
Total |
$ | 72 | $ | 59 | ||||
Ratio of earnings before taxes and
fixed charges, to fixed charges |
63 | 58 |
1 | Interest within provision for taxes on the consolidated condensed statements of income is not included. |