Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - QWEST CORP | a2195094z10-q.htm |
| EX-32 - EXHIBIT 32 - QWEST CORP | a2195094zex-32.htm |
| EX-31.1 - EXHIBIT 31.1 - QWEST CORP | a2195094zex-31_1.htm |
| EX-31.2 - EXHIBIT 31.2 - QWEST CORP | a2195094zex-31_2.htm |
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QWEST CORPORATION
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
| |
Nine Months Ended September 30, |
Years Ended December 31, | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| |
2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||
Income from continuing operations before income taxes, discontinued operations and cumulative effect of changes in accounting principles |
$ | 1,513 | $ | 2,267 | $ | 2,440 | $ | 1,882 | $ | 1,628 | $ | 1,871 | |||||||
Add: estimated fixed charges |
525 | 671 | 682 | 700 | 700 | 686 | |||||||||||||
Add: estimated amortization of capitalized interest |
8 | 12 | 10 | 10 | 12 | 12 | |||||||||||||
Less: interest capitalized |
(7 | ) | (14 | ) | (12 | ) | (12 | ) | (10 | ) | (12 | ) | |||||||
Total earnings available for fixed charges |
$ | 2,039 | $ | 2,936 | $ | 3,120 | $ | 2,580 | $ | 2,330 | $ | 2,557 | |||||||
Estimate of interest factor on rentals |
$ |
47 |
$ |
68 |
$ |
62 |
$ |
72 |
$ |
82 |
$ |
75 |
|||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs(1) |
471 | 589 | 608 | 616 | 608 | 599 | |||||||||||||
Interest capitalized |
7 | 14 | 12 | 12 | 10 | 12 | |||||||||||||
Total fixed charges |
$ | 525 | $ | 671 | $ | 682 | $ | 700 | $ | 700 | $ | 686 | |||||||
Ratio of earnings to fixed charges |
3.9 |
4.4 |
4.6 |
3.7 |
3.3 |
3.7 |
|||||||||||||
- (1)
- Interest expense includes only interest related to long-term borrowings and capital lease obligations.
QWEST CORPORATION CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)