Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - Level 3 Parent, LLC | lvlt-093016_10q.htm |
| EX-32.2 - EXHIBIT 32.2 - Level 3 Parent, LLC | lvltexhibit3229302016.htm |
| EX-32.1 - EXHIBIT 32.1 - Level 3 Parent, LLC | lvltexhibit3219302016.htm |
| EX-31.2 - EXHIBIT 31.2 - Level 3 Parent, LLC | lvltexhibit3129302016.htm |
| EX-31.1 - EXHIBIT 31.1 - Level 3 Parent, LLC | lvltexhibit3119302016.htm |
| EX-10.1 - EXHIBIT 10.1 - Level 3 Parent, LLC | lvltexhibit10193016.htm |
Exhibit 12
LEVEL 3 COMMUNICATIONS, INC. AND SUBSIDIARIES
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(unaudited)
Nine Months Ended September 30, | Year Ended December 31, | ||||||||||||||||||||||||||
(dollars in millions) | 2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||||
Income (Loss) from Continuing Operations Before Income Taxes | $ | 625 | $ | 149 | $ | 283 | $ | 238 | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | ||||||||||
Interest on Debt, Net of Capitalized Interest | 414 | 490 | 642 | 654 | 649 | 733 | 716 | ||||||||||||||||||||
Amortization of Capitalized Interest | — | — | — | — | — | — | — | ||||||||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 87 | 88 | 119 | 104 | 101 | 101 | 77 | ||||||||||||||||||||
Earnings Available for Fixed Charges | $ | 1,126 | $ | 727 | $ | 1,044 | $ | 996 | $ | 679 | $ | 460 | $ | 7 | |||||||||||||
Interest on Debt | 414 | 490 | 642 | 654 | 649 | 733 | 716 | ||||||||||||||||||||
Preferred Dividends | — | — | — | — | — | — | — | ||||||||||||||||||||
Interest Expense Portion of Rental Expense | 87 | 88 | 119 | 104 | 101 | 101 | 77 | ||||||||||||||||||||
Total Fixed Charges | $ | 501 | $ | 578 | $ | 761 | $ | 758 | $ | 750 | $ | 834 | $ | 793 | |||||||||||||
Ratio of Earnings to Fixed Charges | 2.2 | 1.3 | 1.4 | 1.3 | — | — | — | ||||||||||||||||||||
Deficiency | $ | — | $ | — | $ | — | $ | — | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | ||||||||||