Attached files
Exhibit 12
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Three Months Ended March 31, | |||||||
2018 | 2017 | ||||||
(in millions, except ratios) | |||||||
Net income | $ | 165 | $ | 192 | |||
Equity in earnings of unconsolidated affiliates, net of distributions | 5 | 2 | |||||
Income tax expense | 47 | 107 | |||||
Capitalized interest | (2 | ) | (2 | ) | |||
215 | 299 | ||||||
Fixed charges, as defined: | |||||||
Interest | 94 | 98 | |||||
Capitalized interest | 2 | 2 | |||||
Interest component of rentals charged to operating expense | 1 | 1 | |||||
Total fixed charges | 97 | 101 | |||||
Earnings, as defined | $ | 312 | $ | 400 | |||
Ratio of earnings to fixed charges | 3.22 | 3.96 |