Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY INC | cnp_exhibit322x9302015.htm |
| EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY INC | cnp_exhibit311x9302015.htm |
| EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY INC | cnp_exhibit321x9302015.htm |
| EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY INC | cnp_exhibit312x9302015.htm |
| 10-Q - 10-Q - CENTERPOINT ENERGY INC | cnp_10qx9302015.htm |
Exhibit 12
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
Nine Months Ended September 30, | |||||||
2015 (1) | 2014 (1) | ||||||
Net income (loss) | $ | (183 | ) | $ | 435 | ||
Equity in (earnings) losses of unconsolidated affiliates, net of distributions | 917 | (6 | ) | ||||
Income tax expense (benefit) | (129 | ) | 241 | ||||
Capitalized interest | (7 | ) | (8 | ) | |||
598 | 662 | ||||||
Fixed charges, as defined: | |||||||
Interest | 346 | 351 | |||||
Capitalized interest | 7 | 8 | |||||
Interest component of rentals charged to operating expense | 3 | 3 | |||||
Total fixed charges | 356 | 362 | |||||
Earnings, as defined | $ | 954 | $ | 1,024 | |||
Ratio of earnings to fixed charges | 2.68 | 2.83 | |||||
_______________
(1) | Excluded from the computation of fixed charges for the nine months ended September 30, 2015 and 2014 is interest expense of $-0- and $3 million, respectively, which is included in income tax expense. |