Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit322_6302017.htm |
| EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit321_6302017.htm |
| EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit312_6302017.htm |
| EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit311_6302017.htm |
| 10-Q - 10-Q - CENTERPOINT ENERGY RESOURCES CORP | cercq2201710-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, | |||||||
2017 | 2016 | ||||||
(in millions, except ratios) | |||||||
Net income | $ | 201 | $ | 126 | |||
Equity in earnings of unconsolidated affiliates, net of distributions | 18 | 58 | |||||
Income tax expense | 119 | 87 | |||||
Capitalized interest | (1 | ) | — | ||||
337 | 271 | ||||||
Fixed charges, as defined: | |||||||
Interest | 60 | 64 | |||||
Capitalized interest | 1 | — | |||||
Interest component of rentals charged to operating expense | 2 | 2 | |||||
Total fixed charges | 63 | 66 | |||||
Earnings, as defined | $ | 400 | $ | 337 | |||
Ratio of earnings to fixed charges | 6.35 | 5.11 | |||||