Attached files
EXHIBIT 12
Computation of Ratio of Earnings to Fixed Charges
Cellco Partnership (d/b/a Verizon Wireless)
(dollars in millions, except ratio data) | Nine Months Ended September 30, 2010 |
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Earnings: |
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Pretax income from continuing operations |
$ | 13,294 | ||
Equity in income from unconsolidated entities |
(54 | ) | ||
Noncontrolling interests |
(217 | ) | ||
Interest expense |
299 | |||
Portion of rent expense representing interest |
463 | |||
Amortization of capitalized interest |
52 | |||
Distributions from unconsolidated entities |
38 | |||
Earnings, as adjusted |
$ | 13,875 | ||
Fixed Charges: |
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Interest expense |
$ | 299 | ||
Capitalized interest |
531 | |||
Preferred return requirement of a consolidated subsidiary |
| |||
Portion of rent expense representing interest |
463 | |||
Fixed charges |
$ | 1,293 | ||
Ratio of earnings to fixed charges |
10.73 | |||