Exhibit 12.2
United States Steel Corporation
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
| Six Months Ended June 30, |
Year Ended December 31, | |||||||||||||||||||||
| (Dollars in Millions) |
2007 | 2006 | 2006 | 2005 | 2004 | 2003 | 2002 | |||||||||||||||
| Portion of rentals representing interest |
$ | 16 | $ | 22 | $ | 44 | $ | 45 | $ | 51 | $ | 46 | $ | 34 | ||||||||
| Capitalized interest |
3 | 2 | 3 | 12 | 8 | 8 | 6 | |||||||||||||||
| Other interest and fixed charges |
50 | 63 | 123 | 87 | 131 | 156 | 136 | |||||||||||||||
| Total fixed charges (A) |
$ | 69 | $ | 87 | $ | 170 | $ | 144 | $ | 190 | $ | 210 | $ | 176 | ||||||||
| Earnings-pretax income with applicable adjustments (B) |
$ | 777 | $ | 945 | $ | 1,884 | $ | 1,467 | $ | 1,687 | $ | (559 | ) | $ | 202 | |||||||
| Ratio of (B) to (A) |
11.26 | 10.86 | 11.08 | 10.19 | 8.88 | (a) | 1.15 | |||||||||||||||
| (a) |
Earnings did not cover fixed charges by $769 million. |