EX-12 6 d718723dex12.htm EX-12 EX-12

Exhibit 12

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(DOLLARS IN MILLIONS)

 

     Three Months Ended  
             March 31, 2014          

Earnings

  

Income from continuing operations before provision for income taxes

    $ (135)   

Income from equity investees

     (11)   

Distributed income from equity investees

       

Interest and amortization of deferred finance costs

     224    

Amortization of capitalized interest

       

Implicit rental interest expense

     25    
  

 

 

 

Total Earnings

    $ 109    
  

 

 

 

Fixed Charges

  

Interest and amortization of deferred finance costs

    $ 224    

Capitalized interest

       

Implicit rental interest expense

     25    
  

 

 

 

Total Fixed Charges

    $ 251    
  

 

 

 

Ratio of Earnings to Fixed Charges

     0.43