Attached files
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EX-23.1 - EX-23.1 - UNITED STATES CELLULAR CORP | usmexhibit23_1.htm |
EX-21 - EX-21 - UNITED STATES CELLULAR CORP | USMexhibit21.htm |
EX-13 - EX-13 - UNITED STATES CELLULAR CORP | USMexhibit13.htm |
EX-31.2 - EX-31.2 - UNITED STATES CELLULAR CORP | usmexhibit31_2.htm |
EX-32.1 - EX-32.1 - UNITED STATES CELLULAR CORP | usmexhibit32_1.htm |
EX-32.2 - EX-32.2 - UNITED STATES CELLULAR CORP | usmexhibit32_2.htm |
EX-23.3 - EX-23.3 - UNITED STATES CELLULAR CORP | usmexhibit23_3.htm |
EX-23.2 - EX-23.2 - UNITED STATES CELLULAR CORP | USMexhibit23_2.htm |
10-K - 10-K - UNITED STATES CELLULAR CORP | usmform10k.htm |
EX-31.1 - EX-31.1 - UNITED STATES CELLULAR CORP | usmexhibt31_1.htm |
UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
For the Year Ended December 31,
2015 |
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2014 |
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2013 |
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2012 |
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2011 |
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(Dollars in thousands) |
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EARNINGS: |
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Income (loss) before income taxes1 |
$ |
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$ |
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$ |
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$ |
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$ |
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Add (deduct): |
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Equity in earnings of unconsolidated |
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entities |
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Distributions from unconsolidated |
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entities |
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Amortization of capitalized interest |
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Income attributable to noncontrolling |
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interests in subsidiaries that do not have |
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fixed charges |
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Add fixed charges: |
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Consolidated interest expense2 |
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Interest portion (1/3) of consolidated |
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rent expense |
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$ |
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$ |
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$ |
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$ |
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$ |
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FIXED CHARGES: |
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Consolidated interest expense2 |
$ |
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$ |
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$ |
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$ |
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Capitalized interest |
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Interest portion (1/3) of consolidated |
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rent expense |
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$ |
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RATIO OF EARNINGS TO FIXED CHARGES |
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1 |
Includes gain on sale of business and other exit costs, net of $113.6 million, $32.8 million and $246.8 million in 2015, 2014 and 2013, respectively, and loss on sale of business and other exit costs, net of $21.0 million in 2012. |
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Includes gain on license sales and exchanges of $146.9 million, $113.0 million, $255.5 million and $11.8 million in 2015, 2014, 2013 and 2011, respectively. |
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Includes gain on investments of $18.6 million in 2013, loss on investments of $3.7 million in 2012 and gain on investments of $11.4 million in 2011. |
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2 |
Interest expense on income tax contingencies is not included in fixed charges. |
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* |
Earnings in 2014 were inadequate to cover Fixed charges by $78.0 million. |
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