Exhibit 12

CONOCOPHILLIPS AND CONSOLIDATED SUBSIDIARIES
TOTAL ENTERPRISE

Computation of Ratio of Earnings to Fixed Charges

		Millions of Dollars
		Nine Months Ended
		September 30
		2003***			2002**
		(Unaudited)
Earnings Available for Fixed Charges
	Income from continuing operations before income taxes	$	6,659			1,020
	Distributions less than equity in earnings of fifty-percent-or-less-owned companies		(217	)		(52	)
	Fixed charges, excluding capitalized interest*		792			562
		$	7,234			1,530
Fixed Charges
	Interest and expense on indebtedness, excluding capitalized interest	$	647			347
	Capitalized interest		249			161
	Preferred dividend requirements of subsidiary and capital trusts		—			31
	Interest portion of rental expense		126			150
	Interest expense relating to guaranteed debt of fifty-percent-or-less-owned companies		—			12
	Interest expense relating to guaranteed debt of greater-than-fifty-percent-owned companies		—			1
		$	1,022			702
Ratio of Earnings to Fixed Charges			7.1			2.2

    *Includes amortization of capitalized interest totaling approximately $19 million in 2003 and $22 million in 2002.
  **Restated for discontinued operations
***2003 reflects the impact of FIN 46.

Earnings available for fixed charges include, if any, our equity in losses of companies owned less than fifty percent and having debt for which the company is contingently liable. Fixed charges include our proportionate share, if any, of interest relating to the contingent debt.

Earnings available for fixed charges include, if any, 100 percent of the losses of companies owned greater than fifty percent that have debt for which we are contingently liable. Fixed charges include 100 percent of interest and capitalized interest, if any, relating to the contingent debt.