Exhibit 12.1
Marathon Petroleum Corporation
Computation of Ratio of Earnings to Fixed Charges
TOTAL ENTERPRISE BASIS – Unaudited
(In millions)
| Nine Months Ended September 30, 2015 | For the Years Ended December 31, | |||||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||
Portion of rentals representing interest | $ | 79 | $ | 85 | $ | 71 | $ | 46 | $ | 41 | $ | 45 | ||||||||||||
Capitalized interest | 27 | 27 | 28 | 101 | 112 | 83 | ||||||||||||||||||
Other interest and fixed charges | 199 | 201 | 167 | 90 | 60 | 1 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Total fixed charges (A) | 305 | 313 | 266 | 237 | 213 | 129 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Earnings-pretax income with applicable adjustments (B) | 4,468 | 4,194 | 3,518 | 5,423 | 3,848 | 1,063 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Ratio of (B) to (A) | 14.6 | 13.4 | 13.2 | 22.9 | 18.1 | 8.2 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||