$ perl -le'print for @INC'
/home/eric/lib/perl5/i486-linux-gnu-thread-multi   <-- From PERL5LIB
/home/eric/lib/perl5                               <--   environ var
/etc/perl
/usr/local/lib/perl/5.8.8
/usr/local/share/perl/5.8.8
/usr/lib/perl5
/usr/share/perl5
/usr/lib/perl/5.8
/usr/share/perl/5.8
/usr/local/lib/site_perl
.

$ perl -T -le'print for @INC'
/etc/perl
/usr/local/lib/perl/5.8.8
/usr/local/share/perl/5.8.8
/usr/lib/perl5
/usr/share/perl5
/usr/lib/perl/5.8
/usr/share/perl/5.8
/usr/local/lib/site_perl