Attached files

file filename
10-K - 10-K - Level 3 Parent, LLCa2196706z10-k.htm
EX-21 - EX-21 - Level 3 Parent, LLCa2196706zex-21.htm
EX-23 - EX-23 - Level 3 Parent, LLCa2196706zex-23.htm
EX-31.2 - EX-31.2 - Level 3 Parent, LLCa2196706zex-31_2.htm
EX-32.2 - EX-32.2 - Level 3 Parent, LLCa2196706zex-32_2.htm
EX-32.1 - EX-32.1 - Level 3 Parent, LLCa2196706zex-32_1.htm
EX-31.1 - EX-31.1 - Level 3 Parent, LLCa2196706zex-31_1.htm

QuickLinks -- Click here to rapidly navigate through this document


Exhibit 12


STATEMENTS RE COMPUTATION OF RATIOS

STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

LEVEL 3 COMMUNICATIONS, INC.

 
  Fiscal Year Ended  
 
  2009   As
Adjusted
2008
  As
Adjusted
2007
  As
Adjusted
2006
  As
Adjusted
2005
 
 
  (dollars in millions)
 

Loss from Continuing Operations Before Taxes

  $ (617 ) $ (312 ) $ (1,168 ) $ (810 ) $ (715 )

Interest on Debt, Net of Capitalized Interest

    595     570     609     670     543  

Amortization of Capitalized Interest

        48     68     68     68  

Interest Expense Portion of Rental Expense

    68     68     63     44     25  
                       

Earnings (Losses) Available for Fixed Charges

  $ 46   $ 374   $ (428 ) $ (28 ) $ (79 )
                       

Interest on Debt

  $ 595   $ 570   $ 609   $ 670   $ 543  

Preferred Dividends

                     

Interest Expense Portion of Rental Expense

    68     68     63     44     25  
                       

Total Fixed Charges

  $ 663   $ 638   $ 672   $ 714   $ 568  
                       

Ratio of Earnings to Fixed Charges

                     
                       

Deficiency

  $ (617 ) $ (264 ) $ (1,100 ) $ (742 ) $ (647 )
                       

Financial information for periods prior to January 1, 2009 have been adjusted for the retrospective application of Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement) which has been codified into the guidance relating to Debt with Conversion and other Options.




QuickLinks

STATEMENTS RE COMPUTATION OF RATIOS
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES