QWEST CORP - FORM 10-Q - EX-12 - CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES - May 6, 2011

Attached files

file filename
EX-32 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - QWEST CORPdex32.htm
EX-31.2 - CHIEF FINANCIAL OFFICER CERTIFICATION - QWEST CORPdex312.htm
EX-31.1 - CHIEF EXECUTIVE OFFICER CERTIFICATION - QWEST CORPdex311.htm
10-Q - FORM 10-Q - QWEST CORPd10q.htm

Exhibit 12

Qwest Corporation

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

 

    Three
months
ended
March 31,		     Years ended December 31,  
    2011     2010     2009     2008     2007     2006  
                                     

Income before income taxes

   $ 490        1,873        1,921        2,267        2,440        1,882   

Add: estimated fixed charges

     171        689        705        671        682        700   

Add: estimated amortization of capitalized interest

     2        10        11        12        10        10   

Less: interest capitalized

     (3 )      (12 )      (10 )      (14 )      (12 )      (12 ) 
                                               

Total earnings available for fixed charges

   $ 660        2,560        2,627        2,936        3,120        2,580   
                                               

Estimate of interest factor on rentals

   $ 18        62        63        68        62        72   

Interest expense, including amortization of premiums, discounts and debt issuance costs(1)

     150        615        632        589        608        616   

Interest capitalized

     3        12        10        14        12        12   
                                               

Total fixed charges

   $ 171        689        705        671        682        700   
                                               

Ratio of earnings to fixed charges

     3.9        3.7        3.7        4.4        4.6        3.7   

 

(1) Interest expense includes only interest related to long-term debt and capital lease obligations.

QWEST CORP Reports