Exhibit 12
UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
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| Six Months Ended June 30, | |||||||
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(Dollars in thousands) | 2010 |
| 2009 | |||||||||
EARNINGS: |
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| Income before income taxes | $ | 160,903 |
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| $ | 269,551 |
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| Add (deduct): |
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| Equity in earnings of unconsolidated entities |
| (50,447 | ) |
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| (50,121 | ) | |||
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| Distributions from unconsolidated entities |
| 48,491 |
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| 12,997 |
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| Amortization of capitalized interest |
| 227 |
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| 126 |
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| Income attributable to noncontrolling interests in subsidiariesthat do not have fixed charges |
| (11,510 | ) |
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| (12,495 | ) | |||
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| $ | 147,664 |
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| $ | 220,058 |
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| Add fixed charges: |
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| Consolidated interest expense (1) |
| 32,962 |
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| 39,283 |
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| Interest portion (1/3) of consolidated rent expense |
| 21,155 |
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| 20,651 |
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| $ | 201,781 |
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| $ | 279,992 |
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FIXED CHARGES: |
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| Consolidated interest expense (1) | $ | 32,962 |
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| $ | 39,283 |
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| Capitalized interest |
| 1,160 |
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| 642 |
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| Interest portion (1/3) of consolidated rent expense |
| 21,155 |
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| 20,651 |
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| $ | 55,277 |
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| $ | 60,576 |
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RATIO OF EARNINGS TO FIXED CHARGES |
| 3.65 |
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| 4.62 |
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(1) Interest expense on income tax contingencies is not included in fixed charges.