ONCOR ELECTRIC DELIVERY CO LLC - FORM S-1 - EX-12.(B) - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - August 24, 2011

Attached files

file filename
S-1 - FORM S-1 - ONCOR ELECTRIC DELIVERY CO LLCds1.htm
EX-5.(A) - OPINION OF BAKER & MCKENZIE LLP - ONCOR ELECTRIC DELIVERY CO LLCdex5a.htm
EX-10.(AA) - AMENDMENT NO. 1 TO CONTRACT FOR SERVICES - ONCOR ELECTRIC DELIVERY CO LLCdex10aa.htm
EX-10.(CC) - AMENDMENT NO. 1 TO REVOLVING CREDIT AGREEMENT - ONCOR ELECTRIC DELIVERY CO LLCdex10cc.htm
EX-23.(B) - CONSENT OF DELOITTE & TOUCHE LLP - ONCOR ELECTRIC DELIVERY CO LLCdex23b.htm

Exhibit 12(b)

ONCOR ELECTRIC DELIVERY COMPANY LLC

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     Six Months Ended
June  30,		  
     2011      2010  
     (millions of dollars, except ratios)  

Earnings:

   

Net income from continuing operations

    $ 157       $ 155   

Add: Total federal income taxes (benefit)

      98         96   

Fixed charges (see detail below)

      181         174   
  

 

 

     

 

 

  

Total earnings

    $ 436       $ 425   
  

 

 

     

 

 

  

Fixed charges:

   

Interest expense, excluding capitalized interest

    $ 178       $ 171   

Rentals representative of the interest factor

      3         3   
  

 

 

     

 

 

  

Total fixed charges

    $ 181       $ 174   
  

 

 

     

 

 

  

Ratio of earnings to fixed charges

      2.41         2.44   
  

 

 

     

 

 

  

ONCOR ELECTRIC DELIVERY CO LLC Reports