EX-12.2 5 d308496dex122.htm STATEMENT REGARDING COMPUTATION OF RATIO OF PRO FORMA

Exhibit 12.2

to Registration Statement

CENTURYLINK, INC.

CALCULATION OF PRO FORMA RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

|  | Year Ended December 31, |
|  | 2011 |
|  | (Dollars in millions) |
Income before income tax expense |  | $ | 1,021 |
Less: Income from equity investee |  |  | (13 | )
Add: estimated fixed charges |  |  | 1,501 |
Add: estimated amortization of capitalized interest |  |  | 14 |
Add: distributed income of equity investee |  |  | 14 |
Less: interest capitalized |  |  | (30 | )
Total earnings available for fixed charges |  | $ | 2,507 |
Estimate of interest factor on rentals |  |  | 165 |
Interest expense, including amortization of premiums, discounts and debt issuance costs |  |  | 1,306 |
Interest capitalized |  |  | 30 |
Total fixed charges |  | $ | 1,501 |
Ratio of earnings to fixed charges |  |  | 1.7 |