Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - Level 3 Parent, LLC | lvltexhibit322123117.htm |
EX-32.1 - EXHIBIT 32.1 - Level 3 Parent, LLC | lvltexhibit32112312017.htm |
EX-31.2 - EXHIBIT 31.2 - Level 3 Parent, LLC | lvltexhibit312123117.htm |
EX-31.1 - EXHIBIT 31.1 - Level 3 Parent, LLC | lvltexhibit31112312017.htm |
10-K - 10-K - Level 3 Parent, LLC | lvlt-123117_10k.htm |
Exhibit 12
STATEMENTS RE COMPUTATION OF RATIOS
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
LEVEL 3 PARENT, LLC
Successor | Predecessor | |||||||||||||||||||
(In millions) | Period Ended December 31, 2017 | Period Ended October 31, 2017 | Year Ended December 31, 2016 | Year Ended December 31, 2015 | Year Ended December 31, 2014 | Year Ended December 31, 2013 | ||||||||||||||
Income (Loss) from Continuing Operations Before Taxes | $ | 93 | $ | 693 | 842 | 283 | 238 | (71 | ) | |||||||||||
Interest on Debt, Net of Capitalized Interest | 80 | 441 | 544 | 640 | 652 | 649 | ||||||||||||||
Amortization of Capitalized Interest | — | — | — | — | — | — | ||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 19 | 95 | 115 | 119 | 104 | 101 | ||||||||||||||
Earnings Available for Fixed Charges | $ | 192 | $ | 1,229 | 1,501 | 1,042 | 994 | 679 | ||||||||||||
Interest on Debt | $ | 80 | $ | 441 | 544 | 640 | 652 | 649 | ||||||||||||
Preferred Dividends | — | — | — | — | — | — | ||||||||||||||
Interest Expense Portion of Rental Expense | 19 | 95 | 115 | 119 | 104 | 101 | ||||||||||||||
Total Fixed Charges | $ | 99 | $ | 536 | 659 | 759 | 756 | 750 | ||||||||||||
Ratio of Earnings to Fixed Charges | 1.9 | 2.3 | 2.3 | 1.4 | 1.3 | — | ||||||||||||||
Deficiency | $ | — | $ | — | — | — | — | (71 | ) |