Attached files
file | filename |
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EX-32.1 - EX-32.1 - VERIZON COMMUNICATIONS INC | d940792dex321.htm |
EX-32.2 - EX-32.2 - VERIZON COMMUNICATIONS INC | d940792dex322.htm |
EX-31.2 - EX-31.2 - VERIZON COMMUNICATIONS INC | d940792dex312.htm |
EX-31.1 - EX-31.1 - VERIZON COMMUNICATIONS INC | d940792dex311.htm |
10-Q - 10-Q - VERIZON COMMUNICATIONS INC | d940792d10q.htm |
EXHIBIT 12
Computation of Ratio of Earnings to Fixed Charges
Verizon Communications Inc. and Subsidiaries
(dollars in millions) | Six Months Ended June 30, 2015 |
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Earnings: |
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Income before provision for income taxes |
$ | 13,296 | ||
Equity in losses of unconsolidated businesses |
52 | |||
Dividends from unconsolidated businesses |
20 | |||
Interest expense (1) |
2,540 | |||
Portion of rent expense representing interest |
499 | |||
Amortization of capitalized interest |
95 | |||
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Earnings, as adjusted |
$ | 16,502 | ||
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Fixed Charges: |
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Interest expense (1) |
$ | 2,540 | ||
Portion of rent expense representing interest |
499 | |||
Capitalized interest |
221 | |||
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|
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Fixed charges |
$ | 3,260 | ||
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Ratio of earnings to fixed charges |
5.06 | |||
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(1) | We classify interest expense recognized on uncertain tax positions as income tax expense and therefore such interest expense is not included in the Ratio of Earnings to Fixed Charges. |