EXHIBIT 12 U S WEST COMMUNICATIONS, Inc. RATIO OF EARNINGS TO FIXED CHARGES Quarter Quarter Ended Ended (Dollars in millions) 12/31/93 12/31/92 ----------- ----------- Income before income taxes and extraordinary items $414.5 $344.9 Interest expense 87.7 97.9 Interest factor on rentals (1/3) 19.0 17.2 ----------- ----------- Earnings (loss) $521.2 $460.0 ----------- ----------- Interest expense $87.7 $97.9 Interest factor on rentals (1/3) 19.0 17.2 ----------- ----------- Fixed charges $106.7 $115.1 ----------- ----------- Ratio of earnings (loss) to fixed charges 4.88 4.00 ----------- ----------- Year Year Ended Ended (Dollars in millions) 12/31/93 12/31/92 ----------- ----------- Income before income taxes, extraordinary items and cumulative effect of change in accounting principles $686.8 $1,385.0 Interest expense 373.8 401.5 Interest factor on rentals (1/3) 67.3 64.6 ----------- ----------- Earnings $1,127.9 $1,851.1 ----------- ----------- Interest expense $373.8 $401.5 Interest factor on rentals (1/3) 67.3 64.6 ----------- ----------- Fixed charges $441.1 $466.1 ----------- ----------- Ratio of earnings to fixed charges 2.56 3.97 ----------- ----------- The year ended 1993 ratio is based on income before extraordinary charges associated with the decision to discontinue accounting for the operations of the Company in accordance with SFAS No. 71 of $3,040.9 and the early extinguishment of debt of $77.2. The year ended 1993 ratio includes a one-time restructuring charge of $880.0. Excluding the restructuring charge the ratio of earnings to fixed charges would have been 4.55. The year ended 1992 ratio is based on income before the cummulative effect of change in accounting principles which reduced net income by $1,724.4.