Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - QWEST CORP | Financial_Report.xls |
| EX-23 - EXHIBIT 23 - QWEST CORP | ctq-20141231ex23.htm |
| EX-4.5 - EXHIBIT 4.5 - QWEST CORP | ctq-20141231ex45.htm |
| EX-32 - EXHIBIT 32 - QWEST CORP | ctq-20141231ex32.htm |
| EX-31.1 - EXHIBIT 31.1 - QWEST CORP | ctq-20141231ex311.htm |
| EX-31.2 - EXHIBIT 31.2 - QWEST CORP | ctq-20141231ex312.htm |
| 10-K - 10-K - QWEST CORP | ctq-2014123110k.htm |
Exhibit 12
QWEST CORPORATION
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
Successor | Predecessor | |||||||||||||||||||
Years Ended December 31, | Nine Months Ended December 31, | Three Months Ended March 31, | Year Ended December 31, | |||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2011 | 2010 | |||||||||||||||
(Dollars in millions) | ||||||||||||||||||||
Income before income tax expense | $ | 1,609 | 1,566 | 1,391 | 892 | 490 | 1,873 | |||||||||||||
Add: estimated fixed charges | 546 | 557 | 513 | 342 | 171 | 689 | ||||||||||||||
Add: estimated amortization of capitalized interest | 8 | 8 | 9 | 7 | 2 | 10 | ||||||||||||||
Less: interest capitalized | (17 | ) | (17 | ) | (18 | ) | (5 | ) | (3 | ) | (12 | ) | ||||||||
Total earnings available for fixed charges | $ | 2,146 | 2,114 | 1,896 | 1,236 | 660 | 2,560 | |||||||||||||
Estimate of interest factor on rentals | $ | 25 | 26 | 28 | 38 | 18 | 62 | |||||||||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs | 504 | 514 | 467 | 299 | 150 | 615 | ||||||||||||||
Interest capitalized | 17 | 17 | 18 | 5 | 3 | 12 | ||||||||||||||
Total fixed charges | $ | 546 | 557 | 513 | 342 | 171 | 689 | |||||||||||||
Ratio of earnings to fixed charges | 3.9 | 3.8 | 3.7 | 3.6 | 3.9 | 3.7 | ||||||||||||||