Exhibit 12.2 UNITED STATES STEEL CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Unaudited) ------------------------------------------------- (Dollars in millions) Six Months Ended Year Ended December 31 June 30 --------------------------------- 2002 2001 2001 2000 1999 1998 1997 ---- ---- ---- ---- ---- ---- ---- Portion of rentals representing interest $21 $21 $ 45 $ 48 $ 46 $ 52 $ 47 Capitalized interest - 1 1 3 7 6 7 Other interest and fixed charges 68 35 153 115 74 47 91 ---- ---- ---- ---- ---- ---- ---- Total fixed charges (A) $89 $57 $199 $166 $127 $105 $145 ==== ==== ==== ==== ==== ==== ==== Earnings-pretax income with applicable adjustments (B) $23 $(139) $(387) $187 $295 $618 $781 ==== ==== ==== ==== ==== ==== ==== Ratio of (B) to (A) (a) (b) (c) 1.13 2.33 5.89 5.39 ==== ==== ==== ==== ==== ==== ==== (a) Earnings did not cover fixed charges by $66 million. (b) Earnings did not cover fixed charges by $196 million. (c) Earnings did not cover fixed charges by $586 million.