Exhibit 12.2 UNITED STATES STEEL CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Unaudited) ---------------------------------------------------------- (Dollars in Millions) Three Months Ended Year Ended December 31 March 31 -------------------------------- 2003 2002 2002 2001 2000 1999 1998 ---- ---- ---- ---- ---- ---- ---- Portion of rentals representing interest $ 7 $ 11 $ 34 $ 45 $ 48 $ 46 $ 52 Capitalized interest 2 - 6 1 3 7 6 Other interest and fixed charges 35 35 136 153 115 74 47 ---- ---- ---- ---- ---- ---- ---- Total fixed charges (A) $ 44 $ 46 $ 176 $ 199 $ 166 $ 127 $ 105 ==== ==== ==== ==== ==== ==== ==== Earnings-pretax income with applicable adjustments (B) $ (35) $ (50) $ 183 $(387) $ 187 $ 295 $ 618 ==== ==== ==== ==== ==== ==== ==== Ratio of (B) to (A) (a) (b) 1.04 (c) 1.13 2.33 5.89 ==== ==== ==== ==== ==== ==== ==== (a) Earnings did not cover fixed charges by $79 million. (b) Earnings did not cover fixed charges by $96 million. (c) Earnings did not cover fixed charges by $586 million.