EX-12.1 4 mpc-20141231xex121.htm EXHIBIT 12.1 MPC-2014.12.31-EX12.1


Exhibit 12.1



Marathon Petroleum Corporation
Computation of Ratio of Earnings to Fixed Charges
TOTAL ENTERPRISE BASIS - Unaudited
(In millions)


 
For the Years Ended December 31,
 
2014
 
2013
 
2012
 
2011
 
2010
Portion of rentals representing interest
$
85

 
$
71

 
$
46

 
$
41

 
$
45

Capitalized interest
27

 
28

 
101

 
112

 
83

Other interest and fixed charges
201

 
167

 
90

 
60

 
1

Total fixed charges (A)
$
313

 
$
266

 
$
237

 
$
213

 
$
129

Earnings-pretax income with applicable adjustments (B)
$
4,194

 
$
3,518

 
$
5,423

 
$
3,848

 
$
1,063

Ratio of (B) to (A)
13.4

 
13.2

 
22.9

 
18.1

 
8.2