CENTERPOINT ENERGY INC - FORM 10-Q - EX-12 - EXHIBIT 12 - May 5, 2017

Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY INCcnp_exhibit322x3312017.htm
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY INCcnp_exhibit321x3312017.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY INCcnp_exhibit312x3312017.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY INCcnp_exhibit311x3312017.htm
10-Q - 10-Q - CENTERPOINT ENERGY INCcnp_10qx3312017.htm


Exhibit 12


CENTERPOINT ENERGY, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Three Months Ended March 31,
 
2017
 
2016
 
(in millions, except ratios)
Net income
$
192

 
$
154

Equity in earnings of unconsolidated affiliates, net of distributions
2

 
14

Income tax expense
107

 
86

Capitalized interest
(2
)
 
(2
)
 
299

 
252

 
 
 
 
Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
98

 
111

Capitalized interest
2

 
2

Interest component of rentals charged to operating expense
1

 
1

Total fixed charges
101

 
114

 
 
 
 
Earnings, as defined
$
400

 
$
366

 
 
 
 
Ratio of earnings to fixed charges
3.96

 
3.21




CENTERPOINT ENERGY INC Reports