Attached files
| file | filename |
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| EX-32.2 - EX-32.2 - UNITED STATES CELLULAR CORP | USM10kExhibit32_2.htm |
| EX-32.1 - EX-32.1 - UNITED STATES CELLULAR CORP | USM10kExhibit32_1.htm |
| EX-31.2 - EX-31.2 - UNITED STATES CELLULAR CORP | USM10kExhibit31_2.htm |
| EX-31.1 - EX-31.1 - UNITED STATES CELLULAR CORP | USM10kExhibit31_1.htm |
| EX-23.2 - EX-23.2 - UNITED STATES CELLULAR CORP | USM10kExhibit23_2.htm |
| EX-23.1 - EX-23.1 - UNITED STATES CELLULAR CORP | USM10kExhibit23_1.htm |
| EX-21 - EX-21 - UNITED STATES CELLULAR CORP | USM10kExhibit21.htm |
| EX-13 - EX-13 - UNITED STATES CELLULAR CORP | USM10kExhibit13.htm |
| 10-K - 10-K - UNITED STATES CELLULAR CORP | USMform10k.htm |
UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
For the Year Ended December 31,
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2016 |
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2015 |
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2014 |
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2013 |
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2012 |
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EARNINGS: |
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Income (loss) before income taxes1 |
$ |
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$ |
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$ |
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$ |
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$ |
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Add (deduct): |
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Equity in earnings of unconsolidated entities |
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Distributions from unconsolidated entities |
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Amortization of capitalized interest |
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Income attributable to noncontrolling interests in subsidiaries that do not have fixed charges |
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Add fixed charges: |
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Consolidated interest expense2 |
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Interest portion (1/3) of consolidated rent expense |
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$ |
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$ |
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$ |
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$ |
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$ |
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FIXED CHARGES: |
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Consolidated interest expense2 |
$ |
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$ |
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$ |
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$ |
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$ |
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Capitalized interest |
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Interest portion (1/3) of consolidated rent expense |
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$ |
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$ |
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$ |
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RATIO OF EARNINGS TO FIXED CHARGES |
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1 |
Includes gain on sale of business and other exit costs, net of $114 million, $33 million and $247 million in 2015, 2014 and 2013, respectively, and loss on sale of business and other exit costs, net of $21 million in 2012. |
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Includes gain on license sales and exchanges, net of $19 million, $147 million, $113 million and $255 million in 2016, 2015, 2014 and 2013, respectively. |
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Includes gain on investments of $19 million in 2013 and loss on investments of $4 million in 2012. |
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2 |
Interest expense on income tax contingencies is not included in fixed charges. |
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* |
Earnings in 2014 were inadequate to cover Fixed charges by $79 million. |
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