Attached files

file filename
10-K - FORM 10K 2010 - Lumen Technologies, Inc.file10k.htm
EX-32 - EXHIBIT 32 - Lumen Technologies, Inc.exh32.htm
EX-23 - EXHIBIT 23 - Lumen Technologies, Inc.exh23.htm
EX-21 - EXHIBIT 21 - Lumen Technologies, Inc.exh21.htm
EX-31.1 - EXHIBIT 31.1 - Lumen Technologies, Inc.exh31-1.htm
EX-10.4 - EXHIBIT 10.4 - Lumen Technologies, Inc.exh10-4.htm
EX-31.2 - EXHIBIT 31.2 - Lumen Technologies, Inc.exh31-2.htm
EX-10.5 - EXHIBIT 10.5 - Lumen Technologies, Inc.exh10-5.htm
EX-10.1C - EXHIBIT 10.1C - Lumen Technologies, Inc.exh10-1c.htm
EX-10.12 - EXHIBIT 10.12 - Lumen Technologies, Inc.exh10-12.htm
EX-10.11 - EXHIBIT 10.11 - Lumen Technologies, Inc.exh10-11.htm
EX-10.1A - EXHIBIT 10.1A - Lumen Technologies, Inc.exh10-1a.htm
EX-10.1B - EXHIBIT 10.1B - Lumen Technologies, Inc.exh10-1b.htm
EX-10.14O - EXHIBIT 10.14O - Lumen Technologies, Inc.exh10-14o.htm
EX-10.14D - EXHIBIT 10.14D - Lumen Technologies, Inc.exh10-14d.htm

Exhibit 12

 
 
CenturyLink, Inc.
RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
(UNAUDITED)
 
 
   
Year ended December 31,
 
   
2010
   
2009
   
2008
 
   
(Dollars in thousands)
 
                   
Net income before extraordinary item
  $ 947,705       511,254       365,732  
Income taxes
    582,951       301,881       194,357  
                         
Pre-tax income before extraordinary item
    1,530,656       813,135       560,089  
                         
Adjustments to earnings:
                       
        Fixed charges
    557,497       370,433       202,463  
        Preferred stock dividends
    (19 )     (19 )     (246 )  
        Gross earnings from unconsolidated cellular partnership
    (16,369 )     (19,087 )     (12,045 )
        Distributed earnings from unconsolidated cellular partnership
    16,029       20,100       15,960  
                         
Earnings, as adjusted
  $ 2,087,794       1,184,562       766,221  
                         
Fixed charges:
                       
        Interest expense
  $ 557,478       370,414       202,217  
        Preferred stock dividends (pre-tax)
    19       19       246  
              Total fixed charges
  $ 557,497       370,433       202,463  
                         
Ratio of earnings to fixed charges and preferred stock dividends
    3.74       3.20       3.78