Exhibit 12
UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
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| Nine Months Ended | ||||||
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| September 30, | ||||||
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| 2009 |
| 2008 | ||||
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| (Dollars in thousands) | ||||||
EARNINGS: |
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Income before income taxes | $ | 332,692 |
| $ | 384,783 | ||||||
| Add (deduct): |
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| Equity in earnings of unconsolidated entities |
| (73,247 | ) |
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| (66,361 | ) | ||
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| Distributions from unconsolidated entities |
| 51,306 |
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| 50,859 | ||||
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| Income attributable to noncontrolling interests in subsidiaries that do not have fixed charges |
| (18,351 | ) |
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| (16,768 | ) | ||
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| $ | 292,400 |
| $ | 352,513 | ||
| Add fixed charges: |
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| Consolidated interest expense(1) |
| 57,767 |
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| 60,611 | ||||
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| Interest portion (1/3) of consolidated rent expense |
| 31,238 |
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| 27,745 | ||||
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| $ | 381,405 |
| $ | 440,869 | ||
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FIXED CHARGES: |
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| Consolidated interest expense(1) | $ | 57,767 |
| $ | 60,611 | |||||
| Capitalized interest |
| 1,100 |
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| Interest portion (1/3) of consolidated rent expense |
| 31,238 |
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| 27,745 | |||||
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| $ | 90,105 |
| $ | 88,356 | ||
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RATIO OF EARNINGS TO FIXED CHARGES |
| 4.23 |
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| 4.99 | ||||||
(1) Interest expense on income tax contingencies is not included in fixed charges. |
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