Exhibit 12.2
United States Steel Corporation
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Year Ended December 31, | ||||||||||||||||||||
(Dollars in Millions) |
2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Portion of rentals representing interest |
$ | 32 | $ | 26 | $ | 33 | $ | 32 | $ | 44 | ||||||||||
Capitalized interest |
16 | 15 | 14 | 7 | 3 | |||||||||||||||
Other interest and fixed charges |
211 | 170 | 179 | 135 | 123 | |||||||||||||||
Total fixed charges (A) |
$ | 259 | $ | 211 | $ | 226 | $ | 174 | $ | 170 | ||||||||||
Earnings-pretax income with applicable adjustments (B) |
$ | (141 | ) | $ | (1,592 | ) | $ | 3,203 | $ | 1,305 | $ | 1,884 | ||||||||
Ratio of (B) to (A) |
(b | ) | (a | ) | 14.17 | 7.50 | 11.08 |
(a) | Earnings did not cover fixed charges by $1,803 million. |
(b) | Earnings did not cover fixed charges by $400 million. |