Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY RESOURCES CORPcercexhibit322_6302016.htm
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY RESOURCES CORPcercexhibit321_6302016.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY RESOURCES CORPcercexhibit312_6302016.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY RESOURCES CORPcercexhibit311_6302016.htm
10-Q - 10-Q - CENTERPOINT ENERGY RESOURCES CORPcercq2201610-q.htm


Exhibit 12

 
CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES
(An Indirect Wholly Owned Subsidiary of CenterPoint Energy, Inc.)

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Six Months Ended June 30,
 
2016
 
2015
 
(in millions, except ratios)
Net income
$
126

 
$
131

Equity in earnings of unconsolidated affiliates, net of distributions
58

 
50

Income tax expense
87

 
83

 
271

 
264

 
 

 
 

Fixed charges, as defined:
 

 
 

 
 

 
 

Interest
64

 
69

Interest component of rentals charged to operating expense
2

 
2

Total fixed charges
66

 
71

 
 

 
 

Earnings, as defined
$
337

 
$
335

 
 

 
 

Ratio of earnings to fixed charges
5.11

 
4.72