Attached files

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EXCEL - IDEA: XBRL DOCUMENT - CONSOLIDATED EDISON INCFinancial_Report.xls
EX-32.2.1 - EX-32.2.1 - CONSOLIDATED EDISON INCd799720dex3221.htm
EX-32.2.2 - EX-32.2.2 - CONSOLIDATED EDISON INCd799720dex3222.htm
EX-31.2.2 - EX-31.2.2 - CONSOLIDATED EDISON INCd799720dex3122.htm
EX-12.2 - EX-12.2 - CONSOLIDATED EDISON INCd799720dex122.htm
EX-31.1.1 - EX-31.1.1 - CONSOLIDATED EDISON INCd799720dex3111.htm
EX-31.1.2 - EX-31.1.2 - CONSOLIDATED EDISON INCd799720dex3112.htm
EX-32.1.1 - EX-32.1.1 - CONSOLIDATED EDISON INCd799720dex3211.htm
EX-32.1.2 - EX-32.1.2 - CONSOLIDATED EDISON INCd799720dex3212.htm
10-Q - FORM 10-Q - CONSOLIDATED EDISON INCd799720d10q.htm
EX-31.2.1 - EX-31.2.1 - CONSOLIDATED EDISON INCd799720dex3121.htm

Exhibit 12.1

Consolidated Edison, Inc.

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

 

     For the Nine     For the Twelve     For the Nine  
     Months Ended     Months Ended     Months Ended  
     September 30, 2014     December 31, 2013     September 30, 2013  

Earnings

      

Net Income for Common Stock

   $ 1,010      $ 1,062      $ 828   

Preferred Stock Dividend

     —          —          —     

(Income) or Loss from Equity Investees

     (27     (6     (5

Minority Interest Loss

     —          —          —     

Income Tax

     559        476        373   
  

 

 

   

 

 

   

 

 

 

Pre-Tax Income for Common Stock

   $ 1,542      $ 1,532      $ 1,196   

Add: Fixed Charges*

     470        764        597   

Add: Distributed Income of Equity Investees

     —          —          —     

Subtract: Interest Capitalized

     —          —          —     

Subtract: Pre-Tax Preferred Stock Dividend Requirement

     —          —          —     
  

 

 

   

 

 

   

 

 

 

Earnings

   $ 2,012      $ 2,296      $ 1,793   
  

 

 

   

 

 

   

 

 

 

* Fixed Charges

      

Interest on Long-term Debt

   $ 427      $ 562      $ 421   

Amortization of Debt Discount, Premium and Expense

     11        16        12   

Interest Capitalized

     —          —          —     

Other Interest

     (1     143        143   

Interest Component of Rentals

     33        43        21   

Pre-Tax Preferred Stock Dividend Requirement

     —          —          —     
  

 

 

   

 

 

   

 

 

 

Fixed Charges

   $ 470      $ 764      $ 597   
  

 

 

   

 

 

   

 

 

 

Ratio of Earnings to Fixed Charges

     4.3        3.0        3.0