Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - Level 3 Parent, LLC | lvltexhibit32-63018.htm |
| EX-31.2 - EXHIBIT 31.2 - Level 3 Parent, LLC | lvltexhibit312-63018.htm |
| EX-31.1 - EXHIBIT 31.1 - Level 3 Parent, LLC | lvltexhibit311-63018.htm |
| 10-Q - 10-Q - Level 3 Parent, LLC | lvlt-063018_10q.htm |
Exhibit 12
LEVEL 3 PARENT, LLC
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Successor | Predecessor | Successor | Predecessor | Predecessor | ||||||||||||||||||||
Six Months Ended June 30, | 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 | $ | 248 | 388 | 93 | 693 | 842 | 283 | 238 | (71 | ) | ||||||||||||||
Interest on Debt, Net of Capitalized Interest | 244 | 266 | 80 | 441 | 544 | 640 | 652 | 649 | ||||||||||||||||
Amortization of Capitalized Interest | — | — | — | — | — | — | — | — | ||||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 59 | 58 | 19 | 95 | 115 | 119 | 104 | 101 | ||||||||||||||||
Earnings Available for Fixed Charges | $ | 551 | 712 | 192 | 1,229 | 1,501 | 1,042 | 994 | 679 | |||||||||||||||
Interest on Debt | 244 | 266 | 80 | 441 | 544 | 640 | 652 | 649 | ||||||||||||||||
Preferred Dividends | — | — | — | — | — | — | — | — | ||||||||||||||||
Interest Expense Portion of Rental Expense | 59 | 58 | 19 | 95 | 115 | 119 | 104 | 101 | ||||||||||||||||
Total Fixed Charges | 303 | 324 | 99 | 536 | 659 | 759 | 756 | 750 | ||||||||||||||||
Ratio of Earnings to Fixed Charges | 1.8 | 2.2 | 1.9 | 2.3 | 2.3 | 1.4 | 1.3 | — | ||||||||||||||||
Deficiency | $ | — | — | — | — | — | — | — | (71 | ) | ||||||||||||||