EX-12 2 exhibit12.htm EX-12

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Exhibit 12

UNITED STATES CELLULAR CORPORATION

RATIO OF EARNINGS TO FIXED CHARGES

					Nine Months Ended
					September 30,
					2009				2008
					(Dollars in thousands)
EARNINGS:
Income before income taxes					$	332,692			$	384,783
	Add (deduct):
		Equity in earnings of unconsolidated entities				(73,247	)			(66,361	)
		Distributions from unconsolidated entities				51,306				50,859
		Income attributable to noncontrolling interests in subsidiaries that do not have fixed charges				(18,351	)			(16,768	)
					$	292,400			$	352,513
	Add fixed charges:
		Consolidated interest expense(1)				57,767				60,611
		Interest portion (1/3) of consolidated rent expense				31,238				27,745
					$	381,405			$	440,869
FIXED CHARGES:
	Consolidated interest expense(1)				$	57,767			$	60,611
	Capitalized interest					1,100				—
	Interest portion (1/3) of consolidated rent expense					31,238				27,745
					$	90,105			$	88,356
RATIO OF EARNINGS TO FIXED CHARGES						4.23				4.99

(1)     Interest expense on income tax contingencies is not included in fixed charges.