EX-12 2 exhibit12.htm EXHIBIT 12
Exhibit 12
QWEST CORPORATION
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)

|  | Successor |  |  | Predecessor
|  | Years Ended December 31, |  | Nine Months Ended December 31, |  |  | Three Months Ended March 31, |  | Years Ended December 31,
|  | 2013 |  | 2012 |  | 2011 |  |  | 2011 |  | 2010 |  | 2009
Income before income tax expense |  | $ | 1,566 |  |  | 1,391 |  |  | 892 |  |  |  | 490 |  |  | 1,873 |  |  | 1,921 |
Add: estimated fixed charges |  | 557 |  |  | 513 |  |  | 342 |  |  |  | 171 |  |  | 689 |  |  | 705 |
Add: estimated amortization of capitalized interest |  | 8 |  |  | 9 |  |  | 7 |  |  |  | 2 |  |  | 10 |  |  | 11 |
Less: interest capitalized |  | (17 | ) |  | (18 | ) |  | (5 | ) |  |  | (3 | ) |  | (12 | ) |  | (10 | )
Total earnings available for fixed charges |  | $ | 2,114 |  |  | 1,896 |  |  | 1,236 |  |  |  | 660 |  |  | 2,560 |  |  | 2,627 |
Estimate of interest factor on rentals |  | 26 |  |  | 28 |  |  | 38 |  |  |  | 18 |  |  | 62 |  |  | 63 |
Interest expense, including amortization of premiums, discounts and debt issuance costs |  | 514 |  |  | 467 |  |  | 299 |  |  |  | 150 |  |  | 615 |  |  | 632 |
Interest capitalized |  | 17 |  |  | 18 |  |  | 5 |  |  |  | 3 |  |  | 12 |  |  | 10 |
Total fixed charges |  | $ | 557 |  |  | 513 |  |  | 342 |  |  |  | 171 |  |  | 689 |  |  | 705 |
Ratio of earnings to fixed charges |  | 3.8 |  |  | 3.7 |  |  | 3.6 |  |  |  | 3.9 |  |  | 3.7 |  |  | 3.7 |