<TABLE>
<CAPTION>
Exhibit 12
Computation in Support of Ratio of Earnings to Fixed
Charges
For Nine Months Ended September 30, 2000
<S> <C>
(Thousands of
Dollars)
Earnings:
Net income* $233,946
Plus: Fixed charges (see below) 170,069
Income taxes* 136,873
Amortization of capitalized interest 76
Less: Capitalized interest (4,542)
Total Earnings $536,422
Fixed Charges:
Interest on long-term debt $124,762
Other interest 40,803
Estimated interest component of rentals 4,504
Total Fixed Charges $170,069
Ratio of Earnings to Fixed Charges 3.15
*Net income and income taxes excludes extraordinary
charges
</TABLE>
<PAGE>