Attached files
Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
Cellco Partnership (d/b/a Verizon Wireless)
(dollars in millions, except ratio data)
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Three Months Ended
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Earnings: |
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Pretax income from continuing operations |
$ | 4,323 | ||
Equity in income from unconsolidated entities |
(17 | ) | ||
Noncontrolling interests |
(69 | ) | ||
Interest expense |
151 | |||
Portion of rent expense representing interest |
152 | |||
Amortization of capitalized interest |
17 | |||
Distributions from unconsolidated entities |
13 | |||
Earnings, as adjusted |
$ | 4,570 | ||
Fixed Charges: |
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Interest expense |
$ | 151 | ||
Capitalized interest |
136 | |||
Preferred return requirement of a consolidated subsidiary |
| |||
Portion of rent expense representing interest |
152 | |||
Fixed charges |
$ | 439 | ||
Ratio of earnings to fixed charges |
10.41 | |||