| Three Months Ended | ||||||||
| March 31, | April 1, | |||||||
| 2007 | 2006 | |||||||
Income before taxes |
$ | 1,873 | $ | 1,874 | ||||
Adjustments: |
||||||||
Add fixed charges |
32 | 38 | ||||||
Subtract interest capitalized |
(14 | ) | (19 | ) | ||||
Income before taxes and fixed
charges |
$ | 1,891 | $ | 1,893 | ||||
Fixed charges: |
||||||||
Interest |
$ | 3 | $ | 7 | ||||
Capitalized interest |
14 | 19 | ||||||
Estimated interest component
of rental expense |
15 | 12 | ||||||
Total |
$ | 32 | $ | 38 | ||||
Ratio of earnings before taxes and
fixed charges, to fixed charges |
59 | 50 | ||||||