EX-12 6 dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12

Computation of Ratio of Earnings to Fixed Charges

Verizon Communications Inc. and Subsidiaries

 

(Dollars in Millions)   

Three Months Ended March 31,

2007

 
   

Income before provision for income taxes, discontinued operations, extraordinary item and cumulative effect of accounting change

   $    2,365  

Minority interest

   1,154  

Equity in earnings of unconsolidated businesses

   (160 )

Dividends from unconsolidated businesses

   107  

Interest expense

   485  

Portion of rent expense representing interest

   151  

Amortization of capitalized interest

   28  
      

Income, as adjusted

   $    4,130  
      

Fixed charges:

  

Interest expense

   $       485  

Portion of rent expense representing interest

   151  

Capitalized interest

   109  
      

Fixed charges

   $       745  
      

Ratio of earnings to fixed charges

   5.54