Exhibit 12 MARRIOTT INTERNATIONAL, INC. COMPUTATION OF RATIO OF EARNING TO FIXED CHARGES ($ in millions, except ratio) Twelve weeks ended March 23, 2001 -------------- Income before income taxes $190 Loss/(income) related to equity method investees (2) _____ 188 Add/(deduct): Fixed charges 53 Interest capitalized (16) Distributed income of equity method investees - _____ Earnings available for fixed charges $ 225 ===== Fixed charges: Estimate of the interest within rent expense method investees $ 15 Interest expensed and capitalized(1) 38 _____ Total fixed charges $ 53 ===== Ratio of earnings to fixed charges 4.2 ===== (1) "Interest expensed and capitalized" includes amortized premiums, discounts and capitalized expenses related to indebtedness.