Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 - Level 3 Parent, LLC | lvltexhibit3119302015.htm |
| 10-Q - 10-Q - Level 3 Parent, LLC | lvlt-093015_10q.htm |
| EX-31.2 - EXHIBIT 31.2 - Level 3 Parent, LLC | lvltexhibit3129302015.htm |
| EX-32.1 - EXHIBIT 32.1 - Level 3 Parent, LLC | lvltexhibit3219302015.htm |
| EX-32.2 - EXHIBIT 32.2 - Level 3 Parent, LLC | lvltexhibit3229302015.htm |
Exhibit 12
LEVEL 3 COMMUNICATIONS, INC. AND SUBSIDIARIES
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(unaudited)
Nine Months Ended September 30, | Year Ended December 31, | ||||||||||||||||||||||||||
(dollars in millions) | 2015 | 2014 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||
Income (Loss) from Continuing Operations Before Income Taxes | $ | 149 | $ | 275 | $ | 238 | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | $ | (712 | ) | |||||||||
Interest on Debt, Net of Capitalized Interest | 490 | 459 | 654 | 649 | 733 | 716 | 586 | ||||||||||||||||||||
Amortization of Capitalized Interest | — | — | — | — | — | — | — | ||||||||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 88 | 77 | 104 | 101 | 101 | 77 | 69 | ||||||||||||||||||||
Earnings (Losses) Available for Fixed Charges | $ | 727 | $ | 811 | $ | 996 | $ | 679 | $ | 460 | $ | 7 | $ | (57 | ) | ||||||||||||
Interest on Debt | 490 | 459 | 654 | 649 | 733 | 716 | 586 | ||||||||||||||||||||
Preferred Dividends | — | — | — | — | — | — | — | ||||||||||||||||||||
Interest Expense Portion of Rental Expense | 88 | 77 | 104 | 101 | 101 | 77 | 69 | ||||||||||||||||||||
Total Fixed Charges | $ | 578 | $ | 536 | $ | 758 | $ | 750 | $ | 834 | $ | 793 | $ | 655 | |||||||||||||
Ratio of Earnings to Fixed Charges | 1.3 | 1.5 | 1.3 | — | — | — | — | ||||||||||||||||||||
Deficiency | $ | — | $ | — | $ | — | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | $ | (712 | ) | |||||||||