Attached files
| file | filename |
|---|---|
| EX-23 - EXHIBIT 23 - Level 3 Parent, LLC | lvltexhibit23123115.htm |
| EX-21 - EXHIBIT 21 - Level 3 Parent, LLC | lvltexhibit21123115.htm |
| EX-31.1 - EXHIBIT 31.1 - Level 3 Parent, LLC | lvltexhibit311123115.htm |
| EX-10.7.3 - EXHIBIT 10.7.3 - Level 3 Parent, LLC | lvltexhibit1073123115.htm |
| 10-K - 10-K - Level 3 Parent, LLC | lvlt-123115_10k.htm |
| EX-32.1 - EXHIBIT 32.1 - Level 3 Parent, LLC | lvltexhibit321123115.htm |
Exhibit 12
STATEMENTS RE COMPUTATION OF RATIOS
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
LEVEL 3 COMMUNICATIONS, INC. AND SUBSIDIARIES
Fiscal Year Ended | ||||||||||||||||||||
(In millions) | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Income (Loss) from Continuing Operations Before Taxes | $ | 283 | $ | 238 | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | |||||||
Interest on Debt, Net of Capitalized Interest | 642 | 654 | 649 | 733 | 716 | |||||||||||||||
Amortization of Capitalized Interest | — | — | — | — | — | |||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 119 | 104 | 101 | 101 | 77 | |||||||||||||||
Earnings Available for Fixed Charges | $ | 1,044 | $ | 996 | $ | 679 | $ | 460 | $ | 7 | ||||||||||
Interest on Debt | $ | 642 | $ | 654 | $ | 649 | $ | 733 | $ | 716 | ||||||||||
Preferred Dividends | — | — | — | — | — | |||||||||||||||
Interest Expense Portion of Rental Expense | 119 | 104 | 101 | 101 | 77 | |||||||||||||||
Total Fixed Charges | $ | 761 | $ | 758 | $ | 750 | $ | 834 | $ | 793 | ||||||||||
Ratio of Earnings to Fixed Charges | 1.4 | 1.3 | — | — | — | |||||||||||||||
Deficiency | $ | — | $ | — | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | |||||||