Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - QWEST CORP | ctq20161231ex32.htm |
| EX-31.2 - EXHIBIT 31.2 - QWEST CORP | ctq20161231ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - QWEST CORP | ctq20161231ex311.htm |
| EX-23 - EXHIBIT 23 - QWEST CORP | ctq20161231ex23.htm |
| 10-K - 10-K - QWEST CORP | ctq2016123110k.htm |
Exhibit 12
QWEST CORPORATION
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
Years Ended December 31, | ||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||
(Dollars in millions) | ||||||||||||||||
Income before income tax expense | $ | 1,763 | 1,733 | 1,609 | 1,566 | 1,391 | ||||||||||
Add: estimated fixed charges | 579 | 568 | 546 | 557 | 513 | |||||||||||
Add: estimated amortization of capitalized interest | 8 | 8 | 8 | 8 | 9 | |||||||||||
Less: interest capitalized | (19 | ) | (18 | ) | (17 | ) | (17 | ) | (18 | ) | ||||||
Total earnings available for fixed charges | $ | 2,331 | 2,291 | 2,146 | 2,114 | 1,896 | ||||||||||
Estimate of interest factor on rentals | $ | 23 | 24 | 25 | 26 | 28 | ||||||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs | 537 | 526 | 504 | 514 | 467 | |||||||||||
Interest capitalized | 19 | 18 | 17 | 17 | 18 | |||||||||||
Total fixed charges | $ | 579 | 568 | 546 | 557 | 513 | ||||||||||
Ratio of earnings to fixed charges | 4.0 | 4.0 | 3.9 | 3.8 | 3.7 | |||||||||||