EXHIBIT 12 BELL ATLANTIC CORPORATION AND SUBSIDIARIES Computation of Ratio of Earnings to Fixed Charges (Dollars in Millions) Six Months Ended June 30, 1998 ---------------- Income before provision for income taxes and extraordinary item....................................................... $ 3,044.4 Loss from unconsolidated businesses......................... 2.7 Dividends received from unconsolidated businesses........... 88.1 Interest expense, including interest on capital lease obligations................................................ 697.3 Portion of rent expense representative of the interest factor..................................................... 95.7 Preferred stock dividend.................................... 6.1 ---------- Income, as adjusted......................................... $ 3,934.3 ========== Fixed charges: Interest expense, including interest on capital lease obligations................................................ $ 697.3 Portion of rent expense representative of the interest factor..................................................... 95.7 Capitalized interest........................................ 42.7 Preferred stock dividend requirement........................ 9.6 ---------- Fixed charges............................................... $ 845.3 ========== Ratio of Earnings to Fixed Charges.......................... 4.65 ==========