Exhibit 12.2
United States Steel Corporation
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Nine Months Ended September 30, |
Year Ended December 31, | |||||||||||||||||||||
(Dollars in Millions) | 2007 | 2006 | 2006 | 2005 | 2004 | 2003 | 2002 | |||||||||||||||
Portion of rentals representing interest |
$ | 24 | $ | 33 | $ | 44 | $ | 45 | $ | 51 | $ | 46 | $ | 34 | ||||||||
Capitalized interest |
5 | 3 | 3 | 12 | 8 | 8 | 6 | |||||||||||||||
Other interest and fixed charges |
86 | 94 | 123 | 87 | 131 | 156 | 136 | |||||||||||||||
Total fixed charges (A) |
$ | 115 | $ | 130 | $ | 170 | $ | 144 | $ | 190 | $ | 210 | $ | 176 | ||||||||
Earnings-pretax income with applicable adjustments (B) |
$ | 1,168 | $ | 1,530 | $ | 1,884 | $ | 1,467 | $ | 1,687 | $ | (559 | ) | $ | 202 | |||||||
Ratio of (B) to (A) |
10.16 | 11.77 | 11.08 | 10.19 | 8.88 | (a) | 1.15 |
(a) |
Earnings did not cover fixed charges by $769 million. |