QWEST CORP - FORM 10-Q - EX-12 - CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES - August 6, 2010

Attached files

file	filename
10-Q - FORM 10-Q - QWEST CORP	d10q.htm
EX-32 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - QWEST CORP	dex32.htm
EX-31.1 - CHIEF EXECUTIVE OFFICER CERTIFICATION - QWEST CORP	dex311.htm
EX-31.2 - CHIEF FINANCIAL OFFICER CERTIFICATION - QWEST CORP	dex312.htm

Exhibit 12

QWEST CORPORATION

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES⁽²⁾

(UNAUDITED)


		Six Months Ended June 30,				Years Ended December 31,
		2010				2009				2008				2007				2006				2005
Income before income taxes and cumulative effect of changes in accounting principles		$	996			$	1,921			$	2,267			$	2,440			$	1,882			$	1,628
Add: estimated fixed charges			350				705				671				682				700				700
Add: estimated amortization of capitalized interest			5				11				12				10				10				12
Less: interest capitalized			(5	)			(10	)			(14	)			(12	)			(12	)			(10	)

Total earnings available for fixed charges		$	1,346			$	2,627			$	2,936			$	3,120			$	2,580			$	2,330

Estimate of interest factor on rentals		$	30			$	63			$	68			$	62			$	72			$	82
Interest expense, including amortization of premiums, discounts and debt issuance costs⁽¹⁾			315				632				589				608				616				608
Interest capitalized			5				10				14				12				12				10

Total fixed charges		$	350			$	705			$	671			$	682			$	700			$	700

Ratio of earnings to fixed charges			3.8				3.7				4.4				4.6				3.7				3.3

(1)	Interest expense includes only interest related to long-term borrowings and capital lease obligations.

(2)	We have reclassified certain prior year amounts to conform to the current quarter presentation.