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EX-31.A - EX-31.A - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231xex31_a.htm
EX-32.B - EX-32.B - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231xex32_b.htm
EX-32.A - EX-32.A - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231xex32_a.htm
EX-31.B - EX-31.B - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231xex31_b.htm
EX-21.A - EX-21.A - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231xex21_a.htm
EX-10.U - EX-10.U - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231xex10_u.htm
EX-10.T - EX-10.T - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231xex10_t.htm
EX-2.B - EX-2.B - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231xex2_b.htm
10-K - 10-K - ONCOR ELECTRIC DELIVERY CO LLCc311-20171231x10k.htm

Exhibit 12(a)





ONCOR ELECTRIC DELIVERY COMPANY LLC

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Year Ended December 31,



 

2017

 

2016

 

2015

 

2014

 

2013



 

(millions of dollars, except ratios)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

419 

 

$

431 

 

$

432 

 

$

450 

 

$

432 

Add:  Total federal income taxes

 

 

267 

 

 

254 

 

 

252 

 

 

278 

 

 

249 

Fixed charges (see detail below)

 

 

358 

 

 

349 

 

 

342 

 

 

363 

 

 

386 

Total earnings

 

$

1,044 

 

$

1,034 

 

$

1,026 

 

$

1,091 

 

$

1,067 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expensed and interest capitalized

 

$

354 

 

$

344 

 

$

338 

 

$

358 

 

$

381 

Rentals representative of the interest factor

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

358 

 

$

349 

 

$

342 

 

$

363 

 

$

386 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

2.92 

 

 

2.96 

 

 

3.00 

 

 

3.01 

 

 

2.76