EX-12.1 3 d813850dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(DOLLARS IN MILLIONS)

 

     Nine Months Ended  
         September 30, 2014      

Earnings

  

Income from continuing operations before provision for income taxes

    $ 109    

Income from equity investees

     (35)    

Distributed income from equity investees

     21    

Interest and amortization of deferred finance costs

     728    

Amortization of capitalized interest

       

Implicit rental interest expense

     80    
  

 

 

 

Total Earnings

    $ 907    
  

 

 

 

Fixed Charges

  

Interest and amortization of deferred finance costs

    $ 728    

Capitalized interest

       

Implicit rental interest expense

     80    
  

 

 

 

Total Fixed Charges

    $ 815    
  

 

 

 

Ratio of Earnings to Fixed Charges

     1.11