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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
6th grade Avg
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Exhibit 12
UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
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| Three Months Ended | ||||||
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| March 31, | ||||||
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| 2011 |
| 2010 | ||||
(Dollars in thousands) |
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EARNINGS: |
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Income before income taxes | $ | 63,472 |
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| $ | 86,750 |
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| Add (deduct): |
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| Equity in earnings of unconsolidated entities |
| (20,891 | ) |
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| (24,694 | ) | ||
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| Distributions from unconsolidated entities |
| 8,323 |
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| 7,238 |
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| Amortization of capitalized interest |
| 142 |
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| 109 |
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| Income attributable to noncontrolling interests in subsidiariesthat do not have fixed charges |
| (5,524 | ) |
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| (6,051 | ) | ||
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| $ | 45,522 |
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| $ | 63,352 |
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| Add fixed charges: |
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| Consolidated interest expense (1) |
| 15,186 |
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| 16,524 |
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| Interest portion (1/3) of consolidated rent expense |
| 10,644 |
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| 10,421 |
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| $ | 71,352 |
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| $ | 90,297 |
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FIXED CHARGES: |
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| Consolidated interest expense (1) | $ | 15,186 |
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| $ | 16,524 |
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| Capitalized interest |
| 1,068 |
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| 534 |
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| Interest portion (1/3) of consolidated rent expense |
| 10,644 |
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| 10,421 |
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| $ | 26,898 |
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| $ | 27,479 |
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| �� |
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RATIO OF EARNINGS TO FIXED CHARGES |
| 2.65 |
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| 3.29 |
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(1) Interest expense on income tax contingencies is not included in fixed charges.