Exhibit 12.2
United States Steel Corporation
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Year Ended December 31, | ||||||||||||||||
(Dollars in Millions) |
2006 | 2005 | 2004 | 2003 | 2002 | |||||||||||
Portion of rentals representing interest |
$ | 44 | $ | 45 | $ | 51 | $ | 46 | $ | 34 | ||||||
Capitalized interest |
3 | 12 | 8 | 8 | 6 | |||||||||||
Other interest and fixed charges |
123 | 87 | 131 | 156 | 136 | |||||||||||
Total fixed charges (A) |
$ | 170 | $ | 144 | $ | 190 | $ | 210 | $ | 176 | ||||||
Earnings-pretax income with applicable adjustments (B) |
$ | 1,884 | $ | 1,467 | $ | 1,687 | $ | (559 | ) | $ | 202 | |||||
Ratio of (B) to (A) |
11.08 | 10.19 | 8.88 | (a | ) | 1.15 |
(a) | Earnings did not cover fixed charges by $769 million. |