Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY INC | cnp_exhibit311x3312016.htm |
| EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY INC | cnp_exhibit321x3312016.htm |
| EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY INC | cnp_exhibit322x3312016.htm |
| EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY INC | cnp_exhibit312x3312016.htm |
| 10-Q - 10-Q - CENTERPOINT ENERGY INC | cnp_10qx3312016.htm |
Exhibit 12
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Three Months Ended March 31, | |||||||
2016 | 2015 | ||||||
(in millions) | |||||||
Net income | $ | 154 | $ | 131 | |||
Equity in earnings of unconsolidated affiliates, net of distributions | 14 | 20 | |||||
Income tax expense | 86 | 78 | |||||
Capitalized interest | (2 | ) | (3 | ) | |||
252 | 226 | ||||||
Fixed charges, as defined: | |||||||
Interest | 111 | 117 | |||||
Capitalized interest | 2 | 3 | |||||
Interest component of rentals charged to operating expense | 1 | 1 | |||||
Total fixed charges | 114 | 121 | |||||
Earnings, as defined | $ | 366 | $ | 347 | |||
Ratio of earnings to fixed charges | 3.21 | 2.87 | |||||