EX-12.1 2 chtr12312017exh-121.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1
CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION
(In millions)
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings
 
 
 
 
 
 
 
 
 
Income (loss) before Noncontrolling Interest and Income Taxes
$
1,028

 
$
820

 
$
(331
)
 
$
53

 
$
(49
)
Fixed Charges
3,122

 
2,520

 
1,316

 
920

 
854

Total Earnings
$
4,150

 
$
3,340

 
$
985

 
$
973

 
$
805

 
 
 
 
 
 
 
 
 
 
Fixed Charges
 

 
 

 
 

 
 

 
 

Interest Expense
$
3,046

 
$
2,468

 
$
1,285

 
$
890

 
$
824

Amortization of Debt Costs
44

 
31

 
21

 
21

 
22

Interest Element of Rentals
32

 
21

 
10

 
9

 
8

Total Fixed Charges
$
3,122

 
$
2,520

 
$
1,316

 
$
920

 
$
854

 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges (1)
1.33

 
1.33

 
—

 
1.06

 
—


(1)
Earnings for the years ended December 31, 2015 and 2013 were insufficient to cover fixed charges by $331 million and $49 million, respectively. As a result of such deficiencies, the ratios are not presented above.