Exhibit 12.2
United States Steel Corporation
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Three Months March 31, |
Year Ended December 31, | |||||||||||||||||||||
(Dollars in Millions) | 2007 | 2006 | 2006 | 2005 | 2004 | 2003 | 2002 | |||||||||||||||
Portion of rentals representing interest. |
$ | 8 | $ | 11 | $ | 44 | $ | 45 | $ | 51 | $ | 46 | $ | 34 | ||||||||
Capitalized interest |
1 | 1 | 3 | 12 | 8 | 8 | 6 | |||||||||||||||
Other interest and fixed charges |
21 | 32 | 123 | 87 | 131 | 156 | 136 | |||||||||||||||
Total fixed charges (A) |
$ | 30 | $ | 44 | $ | 170 | $ | 144 | $ | 190 | $ | 210 | $ | 176 | ||||||||
Earnings-pretax income with |
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applicable adjustments (B) |
$ | 378 | $ | 403 | $ | 1,884 | $ | 1,467 | $ | 1,687 | $ | (559 | ) | $ | 202 | |||||||
Ratio of (B) to (A) |
12.60 | 9.16 | 11.08 | 10.19 | 8.88 | (a | ) | 1.15 |
(a) Earnings did not cover fixed charges by $769 million.