EX-12 9 d766914dex12.htm EX-12 EX-12

Exhibit 12

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(DOLLARS IN MILLIONS)

 

     Six Months Ended  
             June 30, 2014          

Earnings

  

Income from continuing operations before provision for income taxes

    $ (24)   

Income from equity investees

     (23)   

Distributed income from equity investees

     10    

Interest and amortization of deferred finance costs

     478    

Amortization of capitalized interest

       

Implicit rental interest expense

     52    
  

 

 

 

Total Earnings

    $ 498    
  

 

 

 

Fixed Charges

  

Interest and amortization of deferred finance costs

    $ 478    

Capitalized interest

       

Implicit rental interest expense

     52    
  

 

 

 

Total Fixed Charges

    $ 535    
  

 

 

 

Ratio of Earnings to Fixed Charges

     0.93