Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
aid, allotment, anchored, ante, Armstrong, Asia, basketball, Benz, Bowl, branch, cautioned, CEO, check, citizen, Concurrently, configuration, constitute, copper, dark, death, deep, densification, Drama, DSL, DVD, DVR, dynamic, economy, effort, family, fan, fantasy, fast, feel, Football, footprint, FTC, Gen, GHz, grown, HSI, Infotainment, inorganic, input, intra, La, League, Liga, linear, longer, maximize, member, met, Modem, modulation, MX, NBA, NextLink, nullified, Oath, objective, obligation, output, outreach, Path, PBX, playoff, point, practicable, premium, prized, prosperity, publicly, Qureshi, radically, Reality, refarming, regular, reliance, reorganization, reorganized, Rima, Russia, safeguard, saturation, season, shrinking, simplicity, SLED, SMB, soccer, sooner, specialty, sporting, stack, Straight, Stratton, streamlined, subsequent, subsequently, Super, tariffing, telephony, Timothy, travel, trial, undue, unique, unsecured, unveil, Vestberg, viewed, viewership, VNS, Volkswagen, Washington, wearable, whichever, WideOpenWest, worldwide, WOW, wrongful
Removed:
adding, addressable, aimed, Android, antennae, assist, augmenting, authenticating, authentication, bringing, broader, Canada, capability, Castle, China, chipset, closing, commenced, complementing, complexity, Conde, consisting, continuing, coupled, created, Crew, Crown, deal, Diego, differentiated, dining, Dollar, execution, experienced, exploring, factory, fee, force, formulate, forward, game, handheld, handling, haul, HBO, hosting, HTC, incoming, installed, integrate, interoperability, iOS, LG, loan, lowering, merchandise, Mexico, Motorola, moved, Nast, neutrality, Nickelodeon, Nokia, orientation, outsource, oversaw, packaged, percentage, pillar, premise, Qualcomm, Quantum, resold, router, Samsung, Scotti, seamlessly, selective, shopping, showcase, sourcing, storage, symmetrical, TBS, TNT, toll, transmit, uncovering, voluntary, web
Filing tables
Filing exhibits
Related press release
Associated VZ transcripts
VZ similar filings
Filing view
External links
EXHIBIT 12
Computation of Ratio of Earnings to Fixed Charges
Verizon Communications Inc. and Subsidiaries
(dollars in millions) | |||||||||||||||||||
Years Ended December 31, | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||
Earnings: | |||||||||||||||||||
Income before income taxes | $ | 20,594 | $ | 20,986 | $ | 28,240 | $ | 15,270 | $ | 29,277 | |||||||||
Equity in losses (earnings) of unconsolidated businesses | 77 | 98 | 86 | (1,780 | ) | (142 | ) | ||||||||||||
Dividends from unconsolidated businesses | 40 | 40 | 41 | 37 | 40 | ||||||||||||||
Interest expense (1) | 4,733 | 4,376 | 4,920 | 4,915 | 2,667 | ||||||||||||||
Portion of rent expense representing interest | 1,250 | 1,201 | 1,051 | 912 | 851 | ||||||||||||||
Amortization of capitalized interest | 187 | 187 | 191 | 191 | 177 | ||||||||||||||
Earnings, as adjusted | $ | 26,881 | $ | 26,888 | $ | 34,529 | $ | 19,545 | $ | 32,870 | |||||||||
Fixed Charges: | |||||||||||||||||||
Interest expense (1) | $ | 4,733 | $ | 4,376 | $ | 4,920 | $ | 4,915 | $ | 2,667 | |||||||||
Portion of rent expense representing interest | 1,250 | 1,201 | 1,051 | 912 | 851 | ||||||||||||||
Capitalized interest | 678 | 704 | 584 | 376 | 754 | ||||||||||||||
Fixed charges | $ | 6,661 | $ | 6,281 | $ | 6,555 | $ | 6,203 | $ | 4,272 | |||||||||
Ratio of earnings to fixed charges | 4.04 | 4.28 | 5.27 | 3.15 | 7.69 | ||||||||||||||
(1) We classify interest expense recognized on uncertain tax positions as income tax expense and therefore such interest expense is not included in the Ratio of Earnings to Fixed Charges. |