Exhibit 12.1
CCO HOLDINGS, LLC AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION
(dollars in millions)
For the Year Ended December 31, | For the Nine Months Ended September 30, | |||||||||||||||||||||||
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |||||||||||||||||||
Earnings | ||||||||||||||||||||||||
Income (loss) before Noncontrolling Interest and Income Taxes | $ | 10 | $ | (57 | ) | $ | 75 | $ | 144 | $ | 1,460 | $ | 584 | |||||||||||
Fixed Charges | 811 | 862 | 898 | 850 | 2,144 | 2,291 | ||||||||||||||||||
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Total Earnings | 821 | 805 | 973 | 994 | 3,604 | 2,875 | ||||||||||||||||||
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Fixed Charges | ||||||||||||||||||||||||
Interest Expense | $ | 780 | $ | 834 | $ | 868 | $ | 822 | $ | 2,092 | $ | 2,235 | ||||||||||||
Amortization of Debt Costs | 24 | 20 | 21 | 18 | 31 | 33 | ||||||||||||||||||
Interest Element of Rentals | 7 | 8 | 9 | 10 | 21 | 23 | ||||||||||||||||||
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Total Fixed Charges | $ | 811 | $ | 862 | $ | 898 | $ | 850 | $ | 2,144 | $ | 2,291 | ||||||||||||
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Ratio of Earnings to Fixed Charges(1) | 1.01 | — | 1.08 | 1.17 | 1.68 | 1.25 | ||||||||||||||||||
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(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. |