Exhibit 12

UNITED STATES CELLULAR CORPORATION

RATIO OF EARNINGS TO FIXED CHARGES

For the Year Ended December 31,		2017		2016		2015		2014		2013
(Dollars in millions)
EARNINGS:
Income (loss) before income taxes1		$	(272)	$	82	$	404	$	(59)	$	258
Add (deduct):
	Equity in earnings of unconsolidated entities		(137)		(140)		(140)		(130)		(132)
	Distributions from unconsolidated entities		136		93		60		112		126
	Amortization of capitalized interest		6		6		6		6		4
	Income attributable to noncontrolling interests in subsidiaries that do not have fixed charges		(1)		(1)		(6)		(2)		(7)
			(268)		40		324		(73)		249
Add fixed charges:
	Consolidated interest expense2		113		113		86		57		44
	Interest portion (1/3) of consolidated rent expense		55		54		51		51		54
		$	(100)	$	207	$	461	$	35	$	347
FIXED CHARGES:
	Consolidated interest expense2	$	113	$	113	$	86	$	57	$	44
	Capitalized interest		1		1		3		6		18
	Interest portion (1/3) of consolidated rent expense		55		54		51		51		54
		$	169	$	168	$	140	$	114	$	116
RATIO OF EARNINGS TO FIXED CHARGES			*		1.23		3.29		*		2.99
1	Includes non-cash charges related to losses on impairment of $370 million in 2017.
	Includes gain on sale of business and other exit costs, net of $1 million, $114 million, $33 million and $247 million in 2017, 2015, 2014 and 2013, respectively.
	Includes gain on license sales and exchanges, net of $22 million, $19 million, $147 million, $113 million and $255 million in 2017, 2016, 2015, 2014 and 2013, respectively.
	Includes gain on investments of $19 million in 2013.
2	Interest expense on income tax contingencies is not included in fixed charges.
*	Earnings in 2017 and 2014 were inadequate to cover fixed charges by $269 million and $79 million, respectively.