Exhibit 12
File No. 1-8606
BELL ATLANTIC CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Dollars in Millions)
Years Ended December 31,
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1993 1992 1991 1990 1989
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Income before provision for income
taxes, extraordinary item, and cumulative
effect of changes in accounting principles.. $2,273.6 $2,025.7 $1,894.7 $1,900.1 $1,494.9
Equity in income of less than
majority-owned subsidiaries................. (48.3) (52.4) (79.5) (52.5) (26.7)
Dividends from less than majority-
owned subsidiaries.......................... 73.4 48.3 64.6 41.2 13.3
Interest expense, including interest
on capital lease obligations................ 719.6 828.7 1,000.8 960.8 786.1
Portion of rent expense representative
of the interest factor...................... 102.6 98.6 99.4 100.8 97.8
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Income, as adjusted........................... $3,120.9 $2,948.9 $2,980.0 $2,950.4 $2,365.4
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Fixed charges:
Interest expense, including interest
on capital lease obligations................ $ 719.6 $ 828.7 $1,000.8 $ 960.8 $ 786.1
Portion of rent expense representative
of the interest factor...................... 102.6 98.6 99.4 100.8 97.8
Interest capitalized on construction.......... 1.1 3.2 6.4 14.2 17.3
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Fixed charges................................. $ 823.3 $ 930.5 $1,106.6 $1,075.8 $ 901.2
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Ratio of Earnings to Fixed Charges............ 3.79 3.17 2.69 2.74 2.62
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