EXHIBIT 12 U S WEST Communications, Inc. RATIO OF EARNINGS TO FIXED CHARGES (Dollars in Millions) Quarter Ended 9/30/96 9/30/95 - ------------------------------------------------ --------- --------- Income before income taxes, extraordinary item and cumulative effect of change in accounting principle $477 $478 Interest expense (net of amounts capitalized) 104 98 Interest factor on rentals (1/3) 12 13 --------- --------- Earnings $593 $589 Interest expense 105 109 Interest factor on rentals (1/3) 12 13 --------- --------- Fixed charges $117 $122 Ratio of earnings to fixed charges 5.07 4.83 - ------------------------------------------------ --------- --------- Year-to-Date 9/30/96 9/30/95 - ------------------------------------------------ --------- --------- Income before income taxes, extraordinary item and cumulative effect of change in accounting principle $1,500 $1,460 Interest expense (net of amounts capitalized) 308 284 Interest factor on rentals (1/3) 41 44 --------- --------- Earnings $1,849 $1,788 Interest expense 337 314 Interest factor on rentals (1/3) 41 44 --------- --------- Fixed charges $378 $358 Ratio of earnings to fixed charges 4.89 4.99 - ------------------------------------------------ --------- ---------