Attached files

file filename
EX-32.1.1 - EXHIBIT 32.1.1 - CONSOLIDATED EDISON INCed-20160930xex3211.htm
EX-32.2.2 - EXHIBIT 32.2.2 - CONSOLIDATED EDISON INCed-20160930xex3222.htm
10-Q - 10-Q - CONSOLIDATED EDISON INCed-20160930x10q.htm
EX-32.2.1 - EXHIBIT 32.2.1 - CONSOLIDATED EDISON INCed-20160930xex3221.htm
EX-31.2.2 - EXHIBIT 31.2.2 - CONSOLIDATED EDISON INCed-20160930xex3122.htm
EX-31.2.1 - EXHIBIT 31.2.1 - CONSOLIDATED EDISON INCed-20160930xex3121.htm
EX-12.2 - EXHIBIT 12.2 - CONSOLIDATED EDISON INCed-20160930xex122.htm
EX-32.1.2 - EXHIBIT 32.1.2 - CONSOLIDATED EDISON INCed-20160930xex3212.htm
EX-31.1.2 - EXHIBIT 31.1.2 - CONSOLIDATED EDISON INCed-20160930xex3112.htm
EX-31.1.1 - EXHIBIT 31.1.1 - CONSOLIDATED EDISON INCed-20160930xex3111.htm


Exhibit 12.1
Consolidated Edison, Inc.
Ratio of Earnings to Fixed Charges
(Millions of Dollars)
 
For the Nine Months Ended September 30, 2016
 
For The Twelve Months Ended December 31, 2015
 
For the Nine Months Ended September 30, 2015
Earnings
 
 
 
 
 
Net Income
$1,039
 
$1,193
 
$1,017
Preferred Stock Dividend

 

 

(Income)/Loss from Equity Investees
(28)
 
(34)
 
(33)
Minority Interest Loss

 

 

Income Tax
602
 
605
 
548
Pre-Tax Income
$1,613
 
$1,764
 
$1,532
Add: Fixed Charges*
542
 
701
 
522
Add: Distributed Income of Equity Investees

 

 

Subtract: Interest Capitalized

 

 

Subtract: Pre-Tax Preferred Stock Dividend Requirement

 

 

Earnings
$2,155
 
$2,465
 
$2,054
* Fixed Charges
 
 
 
 
 
Interest on Long-term Debt
$493
 
$618
 
$458
Amortization of Debt Discount, Premium and Expense
11
 
14
 
11
Interest Capitalized

 

 

Other Interest
17
 
24
 
19
Interest Component of Rentals
21
 
45
 
34
Pre-Tax Preferred Stock Dividend Requirement

 

 

Fixed Charges
$542
 
$701
 
$522
Ratio of Earnings to Fixed Charges
4.0
 
3.5
 
3.9