Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - CMS ENERGY CORP | ex32206302018.htm |
| EX-32.1 - EXHIBIT 32.1 - CMS ENERGY CORP | ex32106302018.htm |
| EX-31.4 - EXHIBIT 31.4 - CMS ENERGY CORP | ex31406302018.htm |
| EX-31.3 - EXHIBIT 31.3 - CMS ENERGY CORP | ex31306302018.htm |
| EX-31.2 - EXHIBIT 31.2 - CMS ENERGY CORP | ex31206302018.htm |
| EX-31.1 - EXHIBIT 31.1 - CMS ENERGY CORP | ex31106302018.htm |
| EX-12.2 - EXHIBIT 12.2 - CMS ENERGY CORP | ex12206302018.htm |
| EX-10.3 - EXHIBIT 10.3 - CMS ENERGY CORP | ex10306302018.htm |
| 10-Q - 10-Q - CMS ENERGY CORP | consumersenergy10q06302018.htm |
Exhibit 12.1
CMS Energy Corporation
Ratios of Earnings to Fixed Charges and Combined Fixed Charges and Preferred Dividends
In Millions, Except Ratios | |||||||||||||||||||||||||
Six Months Ended | Year Ended December 31 | ||||||||||||||||||||||||
June 30, 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||||
Earnings as defined1 | |||||||||||||||||||||||||
Pretax income from continuing operations | $ | 446 | $ | 886 | $ | 826 | $ | 796 | $ | 729 | $ | 756 | |||||||||||||
Exclude equity basis subsidiaries | (10 | ) | (2 | ) | (2 | ) | (2 | ) | (1 | ) | (2 | ) | |||||||||||||
Fixed charges as defined2 | 238 | 468 | 469 | 421 | 432 | 423 | |||||||||||||||||||
Earnings as defined2 | $ | 674 | $ | 1,352 | $ | 1,293 | $ | 1,215 | $ | 1,160 | $ | 1,177 | |||||||||||||
Fixed charges as defined1 | |||||||||||||||||||||||||
Interest on long-term debt | $ | 203 | $ | 406 | $ | 411 | $ | 386 | $ | 393 | $ | 385 | |||||||||||||
Estimated interest portion of lease rental | 14 | 27 | 29 | 21 | 21 | 21 | |||||||||||||||||||
Other interest charges | 22 | 36 | 31 | 16 | 19 | 18 | |||||||||||||||||||
Fixed charges as defined2 | $ | 239 | $ | 469 | $ | 471 | $ | 423 | $ | 433 | $ | 424 | |||||||||||||
Preferred dividends | — | — | — | — | — | — | |||||||||||||||||||
Combined fixed charges and preferred dividends | $ | 239 | $ | 469 | $ | 471 | $ | 423 | $ | 433 | $ | 424 | |||||||||||||
Ratio of earnings to fixed charges | 2.82 | 2.88 | 2.75 | 2.87 | 2.68 | 2.78 | |||||||||||||||||||
Ratio of earnings to combined fixed charges and preferred dividends | 2.82 | 2.88 | 2.75 | 2.87 | 2.68 | 2.78 | |||||||||||||||||||
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. |