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Exhibit 12.1
CCO HOLDINGS, LLC 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 | $ | 906 | $ | 1,460 | $ | 144 | $ | 75 | $ | (57 | ) | ||||||||
Fixed Charges | 3,147 | 2,144 | 850 | 898 | 862 | ||||||||||||||
Total Earnings | $ | 4,053 | $ | 3,604 | $ | 994 | $ | 973 | $ | 805 | |||||||||
Fixed Charges | |||||||||||||||||||
Interest Expense | $ | 3,071 | $ | 2,092 | $ | 822 | $ | 868 | $ | 834 | |||||||||
Amortization of Debt Costs | 44 | 31 | 18 | 21 | 20 | ||||||||||||||
Interest Element of Rentals | 32 | 21 | 10 | 9 | 8 | ||||||||||||||
Total Fixed Charges | $ | 3,147 | $ | 2,144 | $ | 850 | $ | 898 | $ | 862 | |||||||||
Ratio of Earnings to Fixed Charges (1) | 1.29 | 1.68 | 1.17 | 1.08 | — |
(1) | Earnings for the year ended December 31, 2013 were insufficient to cover fixed charges by $57 million. As a result of such deficiency, the ratio is not presented above. |