EXHIBIT 12 U S WEST Communications, Inc. RATIO OF EARNINGS TO FIXED CHARGES (Dollars in Millions) Quarter Ended 6/30/96 6/30/95 - ------------------------------------------------- --------- --------- Income before income taxes and cumulative effect of change in accounting principle $543 $464 Interest expense (net of amounts capitalized) 101 95 Interest factor on rentals (1/3) 15 16 --------- --------- Earnings $659 $575 Interest expense 116 105 Interest factor on rentals (1/3) 15 16 --------- --------- Fixed charges $131 $121 Ratio of earnings to fixed charges 5.03 4.75 - ------------------------------------------------- --------- --------- Year-to-Date 6/30/96 6/30/95 - ------------------------------------------------- --------- --------- Income before income taxes and cumulative effect of change in accounting principle $1,023 $982 Interest expense (net of amounts capitalized) 204 186 Interest factor on rentals (1/3) 29 31 --------- --------- Earnings $1,256 $1,199 Interest expense 232 205 Interest factor on rentals (1/3) 29 31 --------- --------- Fixed charges $261 $236 Ratio of earnings to fixed charges 4.81 5.08 - ------------------------------------------------- --------- ---------