EX-12 2 dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

EXHIBIT 12

Computation of Ratio of Earnings to Fixed Charges

Cellco Partnership (d/b/a Verizon Wireless)

 

(dollars in millions, except ratio data)    Nine Months Ended
September 30, 2010
 

Earnings:

  

Pretax income from continuing operations

   $ 13,294   

Equity in income from unconsolidated entities

     (54

Noncontrolling interests

     (217

Interest expense

     299   

Portion of rent expense representing interest

     463   

Amortization of capitalized interest

     52   

Distributions from unconsolidated entities

     38   
        

Earnings, as adjusted

   $ 13,875   
        

Fixed Charges:

  

Interest expense

   $ 299   

Capitalized interest

     531   

Preferred return requirement of a consolidated subsidiary

     —     

Portion of rent expense representing interest

     463   
        

Fixed charges

   $ 1,293   
        

Ratio of earnings to fixed charges

     10.73