EX-12 2 y13988exv12.htm EX-12: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EX-12
 

Exhibit 12
AT&T Corp.
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(Dollars in millions)
         
    For the Nine Months
    Ended September 30, 2005
     
Income before income taxes
   $ 2,193  
Add: fixed charges, excluding capitalized interest
     643  
       
Total earnings before income taxes and fixed charges
   $ 2,836  
       
Fixed Charges:
        
Total interest expense
   $ 538  
Capitalized interest
     16  
Interest portion of rental expense
     105  
       
Total fixed charges
   $ 659  
       
Ratio of earnings to fixed charges
     4.3