Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - Level 3 Parent, LLC | lvlt-033118_10q.htm |
| EX-32.2 - EXHIBIT 32.2 - Level 3 Parent, LLC | lvltexhibit322-33118.htm |
| EX-32.1 - EXHIBIT 32.1 - Level 3 Parent, LLC | lvltexhibit321-33118.htm |
| EX-31.2 - EXHIBIT 31.2 - Level 3 Parent, LLC | lvltexhibit312-33118.htm |
| EX-31.1 - EXHIBIT 31.1 - Level 3 Parent, LLC | lvltexhibit311-33118.htm |
Exhibit 12
LEVEL 3 PARENT, LLC
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Successor | Predecessor | Successor | Predecessor | Predecessor | |||||||||||||||||||||
Three Months Ended March 31, | Two Months Ended December 31, | Ten Months Ended October 31, | Year Ended December 31, | ||||||||||||||||||||||
2018 | 2017 | 2017 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||
(Dollars in millions) | |||||||||||||||||||||||||
Income (Loss) from Continuing Operations Before Income Taxes | $ | 164 | $ | 165 | 93 | 693 | 842 | 283 | 238 | (71 | ) | ||||||||||||||
Interest on Debt, Net of Capitalized Interest | 120 | 134 | 80 | 441 | 544 | 642 | 652 | 649 | |||||||||||||||||
Amortization of Capitalized Interest | — | — | — | — | — | — | — | — | |||||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 38 | 28 | 19 | 95 | 115 | 119 | 104 | 101 | |||||||||||||||||
Earnings Available for Fixed Charges | 322 | $ | 327 | 192 | 1,229 | 1,501 | 1,044 | 994 | 679 | ||||||||||||||||
Interest on Debt | 120 | 134 | 80 | 441 | 544 | 642 | 652 | 649 | |||||||||||||||||
Preferred Dividends | — | — | — | — | — | — | — | — | |||||||||||||||||
Interest Expense Portion of Rental Expense | 38 | 28 | 19 | 95 | 115 | 119 | 104 | 101 | |||||||||||||||||
Total Fixed Charges | 158 | 162 | 99 | 536 | 659 | 761 | 756 | 750 | |||||||||||||||||
Ratio of Earnings to Fixed Charges | 2.0 | 2.0 | 1.9 | 2.3 | 2.3 | 1.4 | 1.3 | — | |||||||||||||||||
Deficiency | $ | — | — | — | — | — | — | — | (71 | ) | |||||||||||||||