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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, | |||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Earnings | |||||||||||||||||||
Income (loss) before Noncontrolling Interest and Income Taxes | $ | 1,028 | $ | 820 | $ | (331 | ) | $ | 53 | $ | (49 | ) | |||||||
Fixed Charges | 3,122 | 2,520 | 1,316 | 920 | 854 | ||||||||||||||
Total Earnings | $ | 4,150 | $ | 3,340 | $ | 985 | $ | 973 | $ | 805 | |||||||||
Fixed Charges | |||||||||||||||||||
Interest Expense | $ | 3,046 | $ | 2,468 | $ | 1,285 | $ | 890 | $ | 824 | |||||||||
Amortization of Debt Costs | 44 | 31 | 21 | 21 | 22 | ||||||||||||||
Interest Element of Rentals | 32 | 21 | 10 | 9 | 8 | ||||||||||||||
Total Fixed Charges | $ | 3,122 | $ | 2,520 | $ | 1,316 | $ | 920 | $ | 854 | |||||||||
Ratio of Earnings to Fixed Charges (1) | 1.33 | 1.33 | — | 1.06 | — |
(1) | Earnings for the years ended December 31, 2015 and 2013 were insufficient to cover fixed charges by $331 million and $49 million, respectively. As a result of such deficiencies, the ratios are not presented above. |