EX-12.1 2 ex12-1.htm EXHIBIT 12-1 TO MARATHON OIL CORPORATION FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2011 ex12-1.htm
Exhibit 12.1


Marathon Oil Corporation
Computation of Ratio of Earnings to Fixed Charges
TOTAL ENTERPRISE BASIS - Unaudited


 
 
Three Months Ended
(In millions)
 
March 31,
 
 
 
 
 
 
 
 
 
2011 
 
2010 
 
 
 
 
 
 
 
Portion of rentals representing interest
 
$
21 
 
$
20 
 
 
 
 
 
 
 
Capitalized interest, including
 
 
 
 
 
 
     discontinued operations
 
 
91 
 
 
117 
 
 
 
 
 
 
 
Other interest and fixed  charges,
 
 
 
 
 
 
     including discontinued operations
 
 
72 
 
 
17 
 
 
 
 
 
 
 
Total fixed charges (A)
 
$
184 
 
$
154 
 
 
 
 
 
 
 
Earnings-pretax income with
 
 
 
 
 
 
     applicable adjustments (B)
 
$
2,118 
 
$
988 
 
 
 
 
 
 
 
Ratio of (B) to (A)
 
 
11.51 
 
 
6.42