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Exhibit 12.1
CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES | |||||||||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION | |||||||||||||||||||
(In millions) | |||||||||||||||||||
Year Ended December 31, | |||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Earnings | |||||||||||||||||||
Income (loss) before Income Taxes | $ | 53 | $ | (49 | ) | $ | (47 | ) | $ | (70 | ) | $ | 58 | ||||||
Fixed Charges | 920 | 854 | 914 | 970 | 885 | ||||||||||||||
Total Earnings | $ | 973 | $ | 805 | $ | 867 | $ | 900 | $ | 943 | |||||||||
Fixed Charges | |||||||||||||||||||
Interest Expense | $ | 890 | $ | 824 | $ | 883 | $ | 926 | $ | 853 | |||||||||
Amortization of Debt Costs | 21 | 22 | 24 | 37 | 24 | ||||||||||||||
Interest Element of Rentals | 9 | 8 | 7 | 7 | 8 | ||||||||||||||
Total Fixed Charges | $ | 920 | $ | 854 | $ | 914 | $ | 970 | $ | 885 | |||||||||
Ratio of Earnings to Fixed Charges (1) | 1.06 | — | — | — | 1.07 |
(1) | Earnings for the years ended December 31, 2013, 2012 and 2011 were insufficient to cover fixed charges by $49 million, $47 million and $70 million, respectively. As a result of such deficiencies, the ratios are not presented above. |