Exhibit 12
QWEST COMMUNICATIONS INTERNATIONAL INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES(2)
(UNAUDITED)
Six Months Ended June 30, 2010 | Years Ended December 31, | |||||||||||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||
Income (loss) before income taxes and cumulative effect of changes in accounting principles | $ | 513 | $ | 903 | $ | 1,051 | $ | 620 | $ | 517 | $ | (765 | ) | |||||||||||
Add: estimated fixed charges | 600 | 1,204 | 1,180 | 1,253 | 1,327 | 1,653 | ||||||||||||||||||
Add: estimated amortization of capitalized interest | 6 | 14 | 15 | 12 | 12 | 14 | ||||||||||||||||||
Less: interest capitalized | (8 | ) | (14 | ) | (21 | ) | (16 | ) | (14 | ) | (13 | ) | ||||||||||||
Total earnings available for fixed charges | $ | 1,111 | $ | 2,107 | $ | 2,225 | $ | 1,869 | $ | 1,842 | $ | 889 | ||||||||||||
Estimate of interest factor on rentals | $ | 48 | $ | 101 | $ | 90 | $ | 98 | $ | 104 | $ | 152 | ||||||||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs(1) | 544 | 1,089 | 1,069 | 1,139 | 1,209 | 1,488 | ||||||||||||||||||
Interest capitalized | 8 | 14 | 21 | 16 | 14 | 13 | ||||||||||||||||||
Total fixed charges | $ | 600 | $ | 1,204 | $ | 1,180 | $ | 1,253 | $ | 1,327 | $ | 1,653 | ||||||||||||
Ratio of earnings to fixed charges | 1.9 | 1.8 | 1.9 | 1.5 | 1.4 | nm | ||||||||||||||||||
Additional pre-tax income needed for earnings to cover total fixed charges | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 764 | ||||||||||||
nm—Negative ratios or ratios less than 1.0 are considered not meaningful.
(1) | Interest expense includes only interest related to long-term borrowings and capital lease obligations. |
(2) | We have reclassified certain prior year amounts to conform to the current quarter presentation. |