1
EXHIBIT 12
U S WEST, Inc.
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
Quarter Ended
9/30/94 9/30/93
- ------------------------------------------------ --------- ---------
Income (loss) from continuing operations before
income taxes and extraordinary items (1) $514 ($535)
Interest expense (net of amounts capitalized) 104 101
Interest factor on rentals (1/3) 23 24
--------- ---------
Earnings $641 ($410)
Interest expense 114 101
Interest factor on rentals (1/3) 23 24
--------- ---------
Fixed charges $137 $125
Ratio of earnings to fixed charges 4.68 (3.28)
- ------------------------------------------------ --------- ---------
Year-to-Date
9/30/94 9/30/93
- ------------------------------------------------ --------- ---------
Income from continuing operations before
income taxes and extraordinary items (1) $1,645 $351
Interest expense (net of amounts capitalized) 323 314
Interest factor on rentals (1/3) 70 75
--------- ---------
Earnings $2,038 $740
Interest expense 348 314
Interest factor on rentals (1/3) 70 75
--------- ---------
Fixed charges $418 $389
Ratio of earnings to fixed charges 4.88 1.90
- ------------------------------------------------ --------- ---------
<FN>
(1) Third quarter 1993 includes a one-time restructuring charge of
$1,000. Excluding the restructuring charge the ratio of earnings to
fixed charges would have been 4.72.
</FN>