Attached files
file | filename |
---|---|
EX-31.A - EX-31.A - ONCOR ELECTRIC DELIVERY CO LLC | c311-20151231ex31ad3a40f.htm |
EX-32.B - EX-32.B - ONCOR ELECTRIC DELIVERY CO LLC | c311-20151231ex32b6ef97b.htm |
10-K - 10-K - ONCOR ELECTRIC DELIVERY CO LLC | c311-20151231x10k.htm |
EX-31.B - EX-31.B - ONCOR ELECTRIC DELIVERY CO LLC | c311-20151231ex31b2c3dac.htm |
EX-32.A - EX-32.A - ONCOR ELECTRIC DELIVERY CO LLC | c311-20151231ex32ac90f57.htm |
EX-21.A - EX-21.A - ONCOR ELECTRIC DELIVERY CO LLC | c311-20151231ex21a76664e.htm |
ONCOR ELECTRIC DELIVERY COMPANY LLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, |
|||||||||||||||
2015 |
2014 |
2013 |
2012 |
2011 |
|||||||||||
(millions of dollars, except ratios) |
|||||||||||||||
Earnings: |
|||||||||||||||
Income from continuing operations |
$ |
432 |
$ |
450 |
$ |
432 |
$ |
349 |
$ |
367 | |||||
Add: Total federal income taxes |
252 | 278 | 249 | 234 | 229 | ||||||||||
Fixed charges (see detail below) |
342 | 363 | 386 | 390 | 368 | ||||||||||
Total earnings |
$ |
1,026 |
$ |
1,091 |
$ |
1,067 |
$ |
973 |
$ |
964 | |||||
Fixed Charges: |
|||||||||||||||
Interest expense, excluding capitalized interest |
$ |
338 |
$ |
358 |
$ |
381 |
$ |
384 |
$ |
362 | |||||
Rentals representative of the interest factor |
4 | 5 | 5 | 6 | 6 | ||||||||||
Total fixed charges |
$ |
342 |
$ |
363 |
$ |
386 |
$ |
390 |
$ |
368 | |||||
Ratio of earnings to fixed charges |
3.00 | 3.01 | 2.76 | 2.49 | 2.62 |