Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - CMS ENERGY CORP | a15-12107_110q.htm |
| EX-31.3 - EX-31.3 - CMS ENERGY CORP | a15-12107_1ex31d3.htm |
| EX-31.4 - EX-31.4 - CMS ENERGY CORP | a15-12107_1ex31d4.htm |
| EX-31.1 - EX-31.1 - CMS ENERGY CORP | a15-12107_1ex31d1.htm |
| EX-32.1 - EX-32.1 - CMS ENERGY CORP | a15-12107_1ex32d1.htm |
| EX-32.2 - EX-32.2 - CMS ENERGY CORP | a15-12107_1ex32d2.htm |
| EX-12.1 - EX-12.1 - CMS ENERGY CORP | a15-12107_1ex12d1.htm |
| EX-31.2 - EX-31.2 - CMS ENERGY CORP | a15-12107_1ex31d2.htm |
Exhibit 12.2
CONSUMERS ENERGY COMPANY
Ratios of Earnings to Fixed Charges and Combined Fixed Charges and Preferred Dividends
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In Millions, Except Ratios |
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|
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Six Months |
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|
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Ended |
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Year Ended December 31 |
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June 30, 2015 |
|
2014 |
|
2013 |
|
2012 |
|
2011 |
|
2010 |
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Earnings as defined1 |
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|
|
|
|
|
|
|
|
|
|
|
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|
Pretax income from continuing operations |
|
$ |
453 |
|
$ |
873 |
|
$ |
880 |
|
$ |
736 |
|
$ |
734 |
|
$ |
688 |
|
|
Exclude equity basis subsidiaries |
|
- |
|
- |
|
- |
|
- |
|
- |
|
- |
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|
Fixed charges as defined |
|
144 |
|
274 |
|
269 |
|
269 |
|
287 |
|
296 |
| ||||||
|
Earnings as defined |
|
$ |
597 |
|
$ |
1,147 |
|
$ |
1,149 |
|
$ |
1,005 |
|
$ |
1,021 |
|
$ |
984 |
|
|
Fixed charges as defined1 |
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|
|
|
|
|
|
|
|
|
|
|
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Interest on long-term debt |
|
$ |
126 |
|
$ |
243 |
|
$ |
237 |
|
$ |
232 |
|
$ |
251 |
|
$ |
246 |
|
|
Estimated interest portion of lease rental |
|
11 |
|
21 |
|
21 |
|
21 |
|
18 |
|
16 |
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Other interest charges |
|
7 |
|
10 |
|
11 |
|
16 |
|
18 |
|
34 |
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|
Fixed charges as defined |
|
144 |
|
274 |
|
269 |
|
269 |
|
287 |
|
296 |
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|
Preferred dividends |
|
2 |
|
3 |
|
3 |
|
3 |
|
3 |
|
3 |
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|
Combined fixed charges and preferred dividends |
|
$ |
146 |
|
$ |
277 |
|
$ |
272 |
|
$ |
272 |
|
$ |
290 |
|
$ |
299 |
|
|
Ratio of earnings to fixed charges |
|
4.15 |
|
4.19 |
|
4.27 |
|
3.74 |
|
3.56 |
|
3.32 |
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|
Ratio of earnings to combined fixed charges and preferred dividends |
|
4.09 |
|
4.14 |
|
4.22 |
|
3.69 |
|
3.52 |
|
3.29 |
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1 Earnings and fixed charges as defined in instructions for Item 503 of Regulation S-K.