Attached files
| file | filename |
|---|---|
| EX-12.2 - EX-12.2 - CMS ENERGY CORP | a18-8685_1ex12d2.htm |
| EX-32.2 - EX-32.2 - CMS ENERGY CORP | a18-8685_1ex32d2.htm |
| EX-32.1 - EX-32.1 - CMS ENERGY CORP | a18-8685_1ex32d1.htm |
| EX-31.4 - EX-31.4 - CMS ENERGY CORP | a18-8685_1ex31d4.htm |
| EX-31.3 - EX-31.3 - CMS ENERGY CORP | a18-8685_1ex31d3.htm |
| EX-31.2 - EX-31.2 - CMS ENERGY CORP | a18-8685_1ex31d2.htm |
| EX-31.1 - EX-31.1 - CMS ENERGY CORP | a18-8685_1ex31d1.htm |
| 10-Q - 10-Q - CMS ENERGY CORP | a18-8685_110q.htm |
CMS Energy Corporation
Ratios of Earnings to Fixed Charges and Combined Fixed Charges and Preferred Dividends
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In Millions, Except Ratios |
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Three Months |
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Ended |
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Year Ended December 31 |
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March 31, 2018 |
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2017 |
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2016 |
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2015 |
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2014 |
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2013 |
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Earnings as defined1 |
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Pretax income from continuing operations |
|
$ |
281 |
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$ |
886 |
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$ |
826 |
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$ |
796 |
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$ |
729 |
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$ |
756 |
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Exclude equity basis subsidiaries |
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(2 |
) |
(2 |
) |
(2 |
) |
(2 |
) |
(1 |
) |
(2 |
) | ||||||
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Fixed charges as defined2 |
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120 |
|
468 |
|
469 |
|
421 |
|
432 |
|
423 |
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Earnings as defined2 |
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$ |
399 |
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$ |
1,352 |
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$ |
1,293 |
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$ |
1,215 |
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$ |
1,160 |
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$ |
1,177 |
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Fixed charges as defined1 |
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Interest on long-term debt |
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$ |
100 |
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$ |
406 |
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$ |
411 |
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$ |
386 |
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$ |
393 |
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$ |
385 |
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Estimated interest portion of lease rental |
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8 |
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27 |
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29 |
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21 |
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21 |
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21 |
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Other interest charges |
|
12 |
|
36 |
|
31 |
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16 |
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19 |
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18 |
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Fixed charges as defined2 |
|
$ |
120 |
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$ |
469 |
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$ |
471 |
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$ |
423 |
|
$ |
433 |
|
$ |
424 |
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Preferred dividends |
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- |
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- |
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- |
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- |
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- |
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- |
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Combined fixed charges and preferred dividends |
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$ |
120 |
|
$ |
469 |
|
$ |
471 |
|
$ |
423 |
|
$ |
433 |
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$ |
424 |
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Ratio of earnings to fixed charges |
|
3.33 |
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2.88 |
|
2.75 |
|
2.87 |
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2.68 |
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2.78 |
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Ratio of earnings to combined fixed charges and preferred dividends |
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3.33 |
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2.88 |
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2.75 |
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2.87 |
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2.68 |
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2.78 |
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1 Earnings and fixed charges as defined in instructions for Item 503 of Regulation S-K.
2 Preferred dividends of a consolidated subsidiary are included in fixed charges, but excluded from earnings as defined because the amount was not deducted in arriving at pretax income from continuing operations.