Exhibit 12.2 USX CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES TOTAL ENTERPRISE BASIS - (Unaudited) CONTINUING OPERATIONS ------------------------------------------------- (Dollars in Millions) Nine Months Ended Year Ended December 31 September 30 -------------------------------- 2000 1999 1999 1998 1997 1996 1995 ---- ---- ---- ---- ----- ---- ---- Portion of rentals representing interest $74 $75 $95 $105 $82 $78 $76 Capitalized interest 12 24 26 46 31 11 13 Other interest and fixed charges 281 269 365 318 352 428 486 ---- ---- ---- ---- ---- ---- ----- Total fixed charges (A) $367 $368 $486 $469 $465 $517 $575 ==== ==== ==== ==== ==== ==== ==== Earnings-pretax income with applicable adjustments (B) $2483 $1631 $2098 $1671 $1761 $1887 $909 ==== ==== ==== ==== ==== ==== ==== Ratio of (B) to (A) 6.77 4.43 4.32 3.56 3.79 3.65 1.58 ==== ==== ==== ==== ==== ==== ====