CENTERPOINT ENERGY HOUSTON ELECTRIC LLC - FORM 10-Q - EX-12 - EXHIBIT 12 - May 12, 2016

Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY HOUSTON ELECTRIC LLCcehe_exhibit322x3312016.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY HOUSTON ELECTRIC LLCcehe_exhibit311x3312016.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY HOUSTON ELECTRIC LLCcehe_exhibit312x3312016.htm
10-Q - 10-Q - CENTERPOINT ENERGY HOUSTON ELECTRIC LLCceheq1201610-q.htm
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY HOUSTON ELECTRIC LLCcehe_exhibit321x3312016.htm


Exhibit 12

CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES
(AN INDIRECT WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)

 
Three Months Ended March 31,
 
2016
 
2015
Net income
$
17

 
$
31

Income taxes
10

 
17

Capitalized interest
(2
)
 
(2
)
 
25

 
46

Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
55

 
57

Capitalized interest
2

 
2

Interest component of rentals charged to operating expense
—

 
—

Total fixed charges
57

 
59

 
 
 
 
Earnings, as defined
$
82

 
$
105

 
 
 
 
Ratio of earnings to fixed charges
1.44

 
1.78




CENTERPOINT ENERGY HOUSTON ELECTRIC LLC Reports