EX-12 8 a2027138zex-12.txt EXHIBIT 12 EXHIBIT 12 QWEST CORPORATION RATIO OF EARNINGS TO FIXED CHARGES (IN MILLIONS)
Six Months Year Ended December 31, Ended June 30, ------------------------------------------------- ----------------- 1999 1998 1997 1996 1995 2000 1999 ------ ------ ------ ------ ------ ------ ------ Income before taxes................................... $2,520 $2,150 $2,018 $2,001 $1,917 $1,335 $1,218 Interest expense (net of amounts capitalized)......... 403 386 374 414 386 244 187 Interest factor on rentals (1/3)...................... 78 56 67 54 60 46 39 ------ ------ ------ ------ ------ ------ ------ Earnings available for fixed charges.................. $3,001 $2,592 $2,459 $2,469 $2,363 $1,625 $1,444 ====== ====== ====== ====== ====== ====== ====== Interest expense...................................... $ 430 $ 411 $ 394 $ 445 $ 426 $ 272 $ 202 Interest factor on rentals (1/3)...................... 78 56 67 54 60 46 39 ------ ------ ------ ------ ------ ------ ------ Fixed charges......................................... $ 508 $ 467 $ 461 $ 499 $ 486 $ 318 $ 241 ====== ====== ====== ====== ====== ====== ====== Ratio of earnings to fixed charges.................... 5.91 5.55 5.33 4.95 4.86 5.99 5.11 ====== ====== ====== ====== ====== ====== ======