Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
Verizon Communications Inc. and Subsidiaries
| (dollars in millions) | Six Months Ended June 30, 2009 | ||
| Earnings: |
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| Income before provision for income taxes |
$ | 7,720 | |
| Equity in earnings of unconsolidated businesses |
(256) | ||
| Dividends from unconsolidated businesses |
429 | ||
| Interest expense |
1,712 | ||
| Portion of rent expense representing interest |
355 | ||
| Amortization of capitalized interest |
65 | ||
| Earnings, as adjusted |
$ | 10,025 | |
| Fixed charges: |
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| Interest expense |
$ | 1,712 | |
| Portion of rent expense representing interest |
355 | ||
| Capitalized interest |
465 | ||
| Fixed charges |
$ | 2,532 | |
| Ratio of earnings to fixed charges |
3.96 | ||