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New words:
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Removed:
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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 10 Restricted Stock Unit Agreement
- 10 Performance Stock Unit Agreement
- 12 Computation of Ratio of Earnings to Fixed Charges.
- 31.1 Certification of Chief Executive Officer Pursuant to Section 302
- 31.2 Certification of Chief Financial Officer Pursuant to Section 302
- 32.1 Cerification of Chief Executive Officer Pursuant to Section 906
- 32.2 Certification of Chief Financial Officer Pursuant to Section 906
Related press release
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Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
Verizon Communications Inc. and Subsidiaries
| (Dollars in Millions) | Three Months Ended March 31, 2005 | ||
Income before provision for income taxes | $ 2,536 | ||
Minority interest | 613 | ||
Equity in earnings of unconsolidated businesses | (193 | ) | |
Dividends from unconsolidated businesses | 15 | ||
Interest expense | 561 | ||
Portion of rent expense representing interest | 133 | ||
Amortization of capitalized interest | 27 | ||
Income, as adjusted | $ 3,692 | ||
Fixed charges: | |||
Interest expense | $ 561 | ||
Portion of rent expense representing interest | 133 | ||
Capitalized interest | 60 | ||
Preferred stock dividend requirement | 2 | ||
Fixed charges | $ 756 | ||
Ratio of earnings to fixed charges | 4.88 | ||