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) | 2008 | 2007 | 2007 | 2006 | 2005 | 2004 | 2003 | |||||||||||||||
Portion of rentals representing interest |
$ | 7 | $ | 24 | $ | 32 | $ | 44 | $ | 45 | $ | 51 | $ | 46 | ||||||||
Capitalized interest |
10 | 5 | 7 | 3 | 12 | 8 | 8 | |||||||||||||||
Other interest and fixed charges |
136 | 86 | 135 | 123 | 87 | 131 | 156 | |||||||||||||||
Total fixed charges (A) |
$ | 153 | $ | 115 | $ | 174 | $ | 170 | $ | 144 | $ | 190 | $ | 210 | ||||||||
Earnings-pretax income with applicable adjustments (B) |
$ | 2,609 | $ | 1,168 | $ | 1,305 | $ | 1,884 | $ | 1,467 | $ | 1,687 | $ | (559 | ) | |||||||
Ratio of (B) to (A) |
17.05 | 10.16 | 7.50 | 11.08 | 10.19 | 8.88 | (a | ) |
(a) |
Earnings did not cover fixed charges by $769 million. |