(Dollars in thousands)

2009

2008

2007

2006

2005

EARNINGS:

Income before income taxes(1)

$

387,102

$

153,006

$

685,450

$

323,338

$

1,107,135

Add (deduct):

Equity in earnings of unconsolidated entities

(90,732

)

(89,812

)

(91,831

)

(95,170

)

(68,039

)

Distributions from unconsolidated entities

91,587

92,335

87,404

78,248

52,624

Amortization of capitalized interest

497

—

—

—

—

Income attributable to noncontrolling interests in subsidiaries that do not have fixed charges

(20,333

)

(23,955

)

(20,408

)

(13,571

)

(9,631

)

368,121

131,574

660,615

292,845

1,082,089

Add fixed charges:

Consolidated interest expense (2)

124,557

137,899

208,736

234,543

216,021

Interest portion (1/3) of consolidated rent
expense

47,383

46,752

45,451

42,187

40,919

$

540,061

$

316,225

$

914,802

$

569,575

$

1,339,029

FIXED CHARGES:

Consolidated interest expense (2)

$

124,557

$

137,899

$

208,736

$

234,543

$

216,021

Capitalized interest

3,850

4,162

811

494

—

Interest portion (1/3) of consolidated rent
expense

47,383

46,752

45,451

42,187

40,919

$

175,790

$

188,813

$

254,998

$

277,224

$

256,940

RATIO OF EARNINGS TO FIXED CHARGES

3.07

1.67

3.59

2.05

5.21

Tax-effected preferred dividends

$

78

$

82

$

88

$

259

$

312

Fixed charges

175,790

188,813

254,998

277,224

256,940

Fixed charges and preferred dividends

$

175,868

$

188,895

$

255,086

$

277,483

$

257,252

RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS

3.07

1.67

3.59

2.05

5.21