Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit322_3312017.htm |
| EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit321_3312017.htm |
| EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit312_3312017.htm |
| EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit311_3312017.htm |
| 10-Q - 10-Q - CENTERPOINT ENERGY RESOURCES CORP | cercq1201710-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
Three Months Ended March 31, | |||||||
2017 | 2016 | ||||||
(in millions, except ratios) | |||||||
Net income | $ | 147 | $ | 120 | |||
Equity in earnings of unconsolidated affiliates, net of distributions | 2 | 14 | |||||
Income tax expense | 90 | 73 | |||||
Capitalized interest | (1 | ) | — | ||||
238 | 207 | ||||||
Fixed charges, as defined: | |||||||
Interest | 29 | 33 | |||||
Capitalized interest | 1 | — | |||||
Interest component of rentals charged to operating expense | 1 | 1 | |||||
Total fixed charges | 31 | 34 | |||||
Earnings, as defined | $ | 269 | $ | 241 | |||
Ratio of earnings to fixed charges | 8.68 | 7.09 | |||||