Martin Marietta Materials (MLM) 10-K 2013 FY Annual report

EXHIBIT 12.01

MARTIN MARIETTA MATERIALS, INC. AND CONSOLIDATED SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

For the Year Ended December 31, 2013

(add 000, except ratio)

EARNINGS:
Earnings before income taxes*	$	166,131
Loss from less than 50%-owned associated companies, net		241
Interest expense**		53,467
Portion of rents representative of an interest factor		12,944
Adjusted Earnings and Fixed Charges	$	232,783
FIXED CHARGES:
Interest expense**	$	53,467
Capitalized interest		1,792
Portion of rents representative of an interest factor		12,944
Total Fixed Charges	$	68,203
Ratio of Earnings to Fixed Charges		3.41

* Represents earnings from continuing operations less net earnings attributable to noncontrolling interests.

** Interest expense excluded $1,446 accrued for the interest expense component associated with uncertain tax provisions.