EXHIBIT 12
EXXON MOBIL CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Years Ended December 31, | ||||||||||||||||||||
2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
(millions of dollars) | ||||||||||||||||||||
Income from continuing operations attributable to ExxonMobil |
$30,460 | $19,280 | $45,220 | $ | 40,610 | $ | 39,500 | |||||||||||||
Excess/(shortfall) of dividends over earnings of affiliates accounted for by the equity method |
(596 | ) | (483 | ) | 921 | (714 | ) | (579 | ) | |||||||||||
Provision for income taxes |
21,561 | 15,119 | 36,530 | 29,864 | 27,902 | |||||||||||||||
Capitalized interest |
(126 | ) | (25 | ) | (118 | ) | (181 | ) | (160 | ) | ||||||||||
Noncontrolling interests in earnings of consolidated subsidiaries |
938 | 378 | 1,647 | 1,005 | 1,051 | |||||||||||||||
52,237 | 34,269 | 84,200 | 70,584 | 67,714 | ||||||||||||||||
Fixed Charges: |
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Interest expenseborrowings |
28 | 48 | 175 | 110 | 119 | |||||||||||||||
Capitalized interest |
532 | 425 | 510 | 557 | 530 | |||||||||||||||
Rental cost representative of interest factor |
709 | 909 | 886 | 729 | 797 | |||||||||||||||
1,269 | 1,382 | 1,571 | 1,396 | 1,446 | ||||||||||||||||
Total adjusted earnings available for payment of fixed charges |
$53,506 | $35,651 | $85,771 | $ | 71,980 | $ | 69,160 | |||||||||||||
Number of times fixed charges are earned |
42.2 | 25.8 | 54.6 | 51.6 | 47.8 |