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Constraining | ||
Legalese | ||
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New words:
advisory, architecture, CCOH, column, complement, complementary, diligence, drawn, GreatLand, harm, intent, investor, Midwest, noncurrent, paper, Safari, small, sponsor, Street, unforeseen, upside, Wall
Removed:
exceeded, generate
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Exhibit 12.1
CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES | |||||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION | |||||||||||||||
(In millions) | |||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | ||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||
Earnings | |||||||||||||||
Income (loss) before Income Taxes | $ | 6 | $ | (13 | ) | $ | 53 | $ | (84 | ) | |||||
Fixed Charges | 219 | 216 | 644 | 641 | |||||||||||
Total Earnings | $ | 225 | $ | 203 | $ | 697 | $ | 557 | |||||||
Fixed Charges | |||||||||||||||
Interest Expense | $ | 213 | $ | 209 | $ | 624 | $ | 620 | |||||||
Amortization of Debt Costs | 4 | 5 | 14 | 15 | |||||||||||
Interest Element of Rentals | 2 | 2 | 6 | 6 | |||||||||||
Total Fixed Charges | $ | 219 | $ | 216 | $ | 644 | $ | 641 | |||||||
Ratio of Earnings to Fixed Charges (1) | 1.03 | — | 1.08 | — |
(1) | Earnings for the three and nine months ended September 30, 2013 were insufficient to cover fixed charges by $13 million and $84 million, respectively. As a result of such deficiencies, the ratios are not presented above. |