EX-12.2 5 ex1222q.txt Exhibit 12.2 USX CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES TOTAL ENTERPRISE BASIS - (Unaudited) CONTINUING OPERATIONS ------------------------------------------------- (Dollars in Millions)
Six Months Ended Year Ended December 31 June 30 ---------------------------- 2001 2000 2000 1999 1998 1997 1996 ---- ---- ---- ---- ---- ---- ---- Portion of rentals representing interest $46 $48 $100 $95 $105 $82 $78 Capitalized interest 13 4 19 26 46 31 11 Other interest and fixed charges 120 195 375 365 318 352 428 ---- ---- ---- ---- ---- ---- ----- Total fixed charges (A) $179 $247 $494 $486 $469 $465 $517 ==== ==== ==== ==== ==== ==== ==== Earnings-pretax income with applicable adjustments (B) $2069 $1666 $1920 $2098 $1671 $1761 $1887 ==== ==== ==== ==== ==== ==== ==== Ratio of (B) to (A) 11.56 6.74 3.89 4.32 3.56 3.79 3.65 ==== ==== ==== ==== ==== ==== ====