EX-12.2 3 ex12201.txt Exhibit 12.2
USX CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES TOTAL ENTERPRISE BASIS - (Unaudited) CONTINUING OPERATIONS ------------------------------------------------- (Dollars in Millions) First Quarter Ended Year Ended December 31 March 31 ---------------------------- 2001 2000 2000 1999 1998 1997 1996 ---- ---- ---- ---- ---- ---- ---- Portion of rentals representing interest $24 $24 $100 $95 $105 $82 $78 Capitalized interest 7 2 19 26 46 31 11 Other interest and fixed charges 23 100 375 365 318 352 428 ---- ---- ---- ---- ---- ---- ----- Total fixed charges (A) $54 $126 $494 $486 $469 $465 $517 ==== ==== ==== ==== ==== ==== ==== Earnings-pretax income with applicable adjustments (B) $786 $666 $1920 $2098 $1671 $1761 $1887 ==== ==== ==== ==== ==== ==== ==== Ratio of (B) to (A) 14.56 5.29 3.89 4.32 3.56 3.79 3.65 ==== ==== ==== ==== ==== ==== ====