Exhibit 12.2(a) USX CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES TOTAL ENTERPRISE BASIS - (Unaudited) ---------------------------------------------------------- (Dollars in Millions) Nine Months Six Months Three Months Ended Ended Ended Sept 30 June 30 March 31 1999 1998* 1999*1998* 1999* 1998* ---- ---- ---- ---- ---- ---- Portion of rentals representing interest $75 $76 $49 $50 $25 $26 Capitalized interest 24 35 19 23 10 10 Other interest and fixed charges 247 233 163 145 82 72 ---- ---- ---- ---- ---- ---- Total fixed charges (A) $346 $344 $231 $218 $117 $108 ==== ==== ==== ==== ==== ==== Earnings-pretax income with applicable adjustments (B) $1609 $1632 $987$1260 $455 $578 ==== ==== ==== ==== ==== ==== Ratio of (B) to (A) 4.65 4.74 4.27 5.78 3.89 5.35 ==== ==== ==== ==== ==== ==== <FN> Note - Fixed charges consist of interest expense on indebtedness whether expensed or capitalized (including amortization of debt expense and discount or premium relating to indebtedness) and one-third of rental expense that is representative of the interest factor. *Restated in September 1999. Exhibit 12.2(b) USX CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES TOTAL ENTERPRISE BASIS - (Unaudited) CONTINUING OPERATIONS ---------------------------------------------------------- (Dollars in Millions) Year Ended December 31* -------------------------------- 1998 1997 1996 1995 1994 ---- ---- ---- ---- ---- Portion of rentals representing interest $105 $82 $78 $76 $83 Capitalized interest 46 31 11 13 58 Other interest and fixed charges 320 294 364 432 424 ---- ---- ---- ---- ---- Total fixed charges (A) $471 $407 $453 $521 $565 ==== ==== ==== ==== ==== Earnings-pretax income with applicable adjustments (B) $1675 $1700 $1823 $855 $1257 ==== ==== ==== ==== ==== Ratio of (B) to (A) 3.56 4.18 4.02 1.64 2.22 ==== ==== ==== ==== ==== <FN> Note - Fixed charges consist of interest expense on indebtedness whether expensed or capitalized (including amortization of debt expense and discount or premium relating to indebtedness) and one-third of rental expense that is representative of the interest factor. *Restated in 1999.