Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - Level 3 Parent, LLC | lvltexhibit3123312016.htm |
| EX-31.1 - EXHIBIT 31.1 - Level 3 Parent, LLC | lvltexhibit3113312016.htm |
| EX-32.2 - EXHIBIT 32.2 - Level 3 Parent, LLC | lvltexhibit3223312016.htm |
| EX-32.1 - EXHIBIT 32.1 - Level 3 Parent, LLC | lvltexhibit3213312016.htm |
| 10-Q - 10-Q - Level 3 Parent, LLC | lvlt-033116_10q.htm |
Exhibit 12
LEVEL 3 COMMUNICATIONS, INC. AND SUBSIDIARIES
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(unaudited)
Three Months Ended March 31, | Year Ended December 31, | ||||||||||||||||||||||||||
(dollars in millions) | 2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||||
Income (Loss) from Continuing Operations Before Income Taxes | $ | 218 | $ | 127 | $ | 283 | $ | 238 | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | ||||||||||
Interest on Debt, Net of Capitalized Interest | 135 | 180 | 642 | 654 | 649 | 733 | 716 | ||||||||||||||||||||
Amortization of Capitalized Interest | — | — | — | — | — | — | — | ||||||||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 29 | 30 | 119 | 104 | 101 | 101 | 77 | ||||||||||||||||||||
Earnings Available for Fixed Charges | $ | 382 | $ | 337 | $ | 1,044 | $ | 996 | $ | 679 | $ | 460 | $ | 7 | |||||||||||||
Interest on Debt | 135 | 180 | 642 | 654 | 649 | 733 | 716 | ||||||||||||||||||||
Preferred Dividends | — | — | — | — | — | — | — | ||||||||||||||||||||
Interest Expense Portion of Rental Expense | 29 | 30 | 119 | 104 | 101 | 101 | 77 | ||||||||||||||||||||
Total Fixed Charges | $ | 164 | $ | 210 | $ | 761 | $ | 758 | $ | 750 | $ | 834 | $ | 793 | |||||||||||||
Ratio of Earnings to Fixed Charges | 2.3 | 1.6 | 1.4 | 1.3 | — | — | — | ||||||||||||||||||||
Deficiency | $ | — | $ | — | $ | — | $ | — | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | ||||||||||