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Exhibit 12
LEVEL 3 COMMUNICATIONS, INC. AND SUBSIDIARIES
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(unaudited)
| Six Months Ended June 30, | Year Ended December 31, | ||||||||||||||||||||||||||
| (dollars in millions) | 2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||||
| Income (Loss) from Continuing Operations Before Income Taxes | $ | 408 | $ | 132 | $ | 283 | $ | 238 | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | ||||||||||
| Interest on Debt, Net of Capitalized Interest | 275 | 345 | 642 | 654 | 649 | 733 | 716 | ||||||||||||||||||||
| Amortization of Capitalized Interest | — | — | — | — | — | — | — | ||||||||||||||||||||
| Portion of rents deemed representative of the interest factor (1/3) | 58 | 59 | 119 | 104 | 101 | 101 | 77 | ||||||||||||||||||||
| Earnings Available for Fixed Charges | $ | 741 | $ | 536 | $ | 1,044 | $ | 996 | $ | 679 | $ | 460 | $ | 7 | |||||||||||||
| Interest on Debt | 275 | 345 | 642 | 654 | 649 | 733 | 716 | ||||||||||||||||||||
| Preferred Dividends | — | — | — | — | — | — | — | ||||||||||||||||||||
| Interest Expense Portion of Rental Expense | 58 | 59 | 119 | 104 | 101 | 101 | 77 | ||||||||||||||||||||
| Total Fixed Charges | $ | 333 | $ | 404 | $ | 761 | $ | 758 | $ | 750 | $ | 834 | $ | 793 | |||||||||||||
| Ratio of Earnings to Fixed Charges | 2.2 | 1.3 | 1.4 | 1.3 | — | — | — | ||||||||||||||||||||
| Deficiency | $ | — | $ | — | $ | — | $ | — | $ | (71 | ) | $ | (374 | ) | $ | (786 | ) | ||||||||||