Attached files
Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
Verizon Communications Inc. and Subsidiaries
(dollars in millions) | Nine Months Ended September 30, 2009 | ||
Earnings: |
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Income before provision for income taxes |
$ | 11,181 | |
Equity in earnings of unconsolidated businesses |
(422) | ||
Dividends from unconsolidated businesses |
443 | ||
Interest expense |
2,416 | ||
Portion of rent expense representing interest |
538 | ||
Amortization of capitalized interest |
99 | ||
Earnings, as adjusted |
$ | 14,255 | |
Fixed Charges: |
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Interest expense |
$ | 2,416 | |
Portion of rent expense representing interest |
538 | ||
Capitalized interest |
696 | ||
Fixed Charges |
$ | 3,650 | |
Ratio of earnings to fixed charges |
3.91 | ||