EXHIBIT 12 U S WEST Communications, Inc. RATIO OF EARNINGS TO FIXED CHARGES (Dollars in Millions) Three Months Ended 3/31/96 3/31/95 - ------------------------------------------------- --------- --------- Income before income taxes and cumulative effect of change in accounting principle $480 $518 Interest expense (net of amounts capitalized) 103 91 Interest factor on rentals (1/3) 13 15 --------- --------- Earnings $596 $624 Interest expense 116 99 Interest factor on rentals (1/3) 13 15 --------- --------- Fixed charges $129 $114 Ratio of earnings to fixed charges 4.62 5.47 - ------------------------------------------------- --------- ---------