Exhibit 12 MARRIOTT INTERNATIONAL, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES ($ in millions, except ratio) Thirty-six weeks ended September 10, 1999 ------------------ Income before income taxes $496 Loss/(income) related to equity method investees 3 ----- 499 Add/(deduct): Fixed charges 98 Interest capitalized (22) ------ Earnings available for fixed charges $575 ====== Fixed charges: Interest expensed and capitalized (1) $56 Estimate of the interest within rent expense 42 ------ Total fixed charges $98 ====== ------ Ratio of earnings to fixed charges 5.9 ====== (1) "Interest expensed and capitalized" includes amortized premiums, discounts and capitalized expenses related to indebtedness.