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Exhibit 12.1
Marathon Oil Corporation
Computation of Ratio of Earnings to Fixed Charges
TOTAL ENTERPRISE BASIS - Unaudited
Nine Months Ended | ||||||||||
(In millions) | September 30, | |||||||||
2013 | 2012 | |||||||||
Portion of rentals representing interest, | ||||||||||
including discontinued operations | $ | 26 | $ | 17 | ||||||
Capitalized interest, | ||||||||||
including discontinued operations | 19 | 52 | ||||||||
Other interest and fixed charges, | ||||||||||
including discontinued operations | 222 | 172 | ||||||||
Total fixed charges (A) | $ | 267 | $ | 241 | ||||||
Earnings-pretax income with | ||||||||||
applicable adjustments (B) | $ | 4,541 | $ | 4,705 | ||||||
Ratio of (B) to (A) | 17.01 | 19.52 |