EX-12.1 6 mpc-20161231xex121.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1



Marathon Petroleum Corporation
Computation of Ratio of Earnings to Fixed Charges
TOTAL ENTERPRISE BASIS - Unaudited
(In millions)


 
For the Years Ended December 31,
 
2016
 
2015
 
2014
 
2013
 
2012
Portion of rentals representing interest
$
109

 
$
110

 
$
85

 
$
71

 
$
46

Capitalized interest
64

 
37

 
27

 
28

 
101

Other interest and fixed charges
539

 
288

 
201

 
167

 
90

Total fixed charges (A)
$
712

 
$
435

 
$
313

 
$
266

 
$
237

Earnings-pretax income with applicable adjustments (B)
$
3,004

 
$
4,852

 
$
4,194

 
$
3,518

 
$
5,423

Ratio of (B) to (A)
4.2

 
11.2

 
13.4

 
13.2

 
22.9