EXXON MOBIL CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Years Ended December 31,

2012 

2011 

2010 

2009 

2008 

(millions of dollars)

Income from continuing operations attributable to ExxonMobil

44,880 

41,060 

30,460 

19,280 

45,220 

Excess/(shortfall) of dividends over earnings of affiliates

accounted for by the equity method

(1,157)

(273)

(596)

(483)

921 

Provision for income taxes

31,045 

31,051 

21,561 

15,119 

36,530 

Capitalized interest

(67)

(159)

(126)

(25)

(118)

Noncontrolling interests in earnings of consolidated subsidiaries

2,801 

1,146 

938 

378 

1,647 

77,502 

72,825 

52,237 

34,269 

84,200 

Fixed Charges:

Interest expense - borrowings

117 

77 

28 

48 

175 

Capitalized interest

506 

593 

532 

425 

510 

Rental cost representative of interest factor

640 

721 

709 

909 

886 

1,263 

1,391 

1,269 

1,382 

1,571 

Total adjusted earnings available for payment of fixed charges

78,765 

74,216 

53,506 

35,651 

85,771 

Number of times fixed charges are earned

62.4 

53.4 

42.2 

25.8 

54.6