Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - CENTERPOINT ENERGY INC | Financial_Report.xls |
| EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY INC | cnp_exhibit312x3312015.htm |
| EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY INC | cnp_exhibit311x3312015.htm |
| EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY INC | cnp_exhibit322x3312015.htm |
| EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY INC | cnp_exhibit321x3312015.htm |
| 10-Q - 10-Q - CENTERPOINT ENERGY INC | cnp_10qx3312015.htm |
Exhibit 12
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
Three Months Ended March 31, | |||||||
2015 (1) | 2014 (1) | ||||||
Net income | $ | 131 | $ | 185 | |||
Equity in earnings of unconsolidated affiliates, net of distributions | 20 | (22 | ) | ||||
Income taxes | 78 | 109 | |||||
Capitalized interest | (3 | ) | (3 | ) | |||
226 | 269 | ||||||
Fixed charges, as defined: | |||||||
Interest | 117 | 114 | |||||
Capitalized interest | 3 | 3 | |||||
Interest component of rentals charged to operating expense | 1 | 1 | |||||
Total fixed charges | 121 | 118 | |||||
Earnings, as defined | $ | 347 | $ | 387 | |||
Ratio of earnings to fixed charges | 2.87 | 3.28 | |||||
_______________
(1) | Excluded from the computation of fixed charges for the three months ended March 31, 2015 and 2014 is interest expense of $-0- and $3 million, respectively, which is included in income tax expense. |