Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - QWEST CORP | ctq2016093010qex312.htm |
| 10-Q - 10-Q - QWEST CORP | ctq2016093010q.htm |
| EX-32 - EXHIBIT 32 - QWEST CORP | ctq2016093010qex32.htm |
| EX-31.1 - EXHIBIT 31.1 - QWEST CORP | ctq2016093010qex311.htm |
Exhibit 12
QWEST CORPORATION
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
Successor | Predecessor | ||||||||||||||||||||||
Nine Months Ended September 30, | Years Ended December 31, | Nine Months Ended December 31, | Three Months Ended March 31, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2011 | |||||||||||||||||
(Dollars in millions) | |||||||||||||||||||||||
Income before income tax expense | $ | 1,373 | 1,733 | 1,609 | 1,566 | 1,391 | 892 | 490 | |||||||||||||||
Add: estimated fixed charges | 436 | 568 | 546 | 557 | 513 | 342 | 171 | ||||||||||||||||
Add: estimated amortization of capitalized interest | 6 | 8 | 8 | 8 | 9 | 7 | 2 | ||||||||||||||||
Less: interest capitalized | (13 | ) | (18 | ) | (17 | ) | (17 | ) | (18 | ) | (5 | ) | (3 | ) | |||||||||
Total earnings available for fixed charges | $ | 1,802 | 2,291 | 2,146 | 2,114 | 1,896 | 1,236 | 660 | |||||||||||||||
Estimate of interest factor on rentals | $ | 17 | 24 | 25 | 26 | 28 | 38 | 18 | |||||||||||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs | 406 | 526 | 504 | 514 | 467 | 299 | 150 | ||||||||||||||||
Interest capitalized | 13 | 18 | 17 | 17 | 18 | 5 | 3 | ||||||||||||||||
Total fixed charges | $ | 436 | 568 | 546 | 557 | 513 | 342 | 171 | |||||||||||||||
Ratio of earnings to fixed charges | 4.1 | 4.0 | 3.9 | 3.8 | 3.7 | 3.6 | 3.9 | ||||||||||||||||