Attached files
Exhibit 12.2
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES
(AN INDIRECT, WHOLLY-OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Six Months Ended June 30, | |||||||
2018 | 2017 | ||||||
(in millions, except ratios) | |||||||
Net income | $ | 153 | $ | 93 | |||
Income taxes | 42 | 52 | |||||
Capitalized interest | (3 | ) | (3 | ) | |||
192 | 142 | ||||||
Fixed charges, as defined: | |||||||
Interest | 99 | 105 | |||||
Capitalized interest | 3 | 3 | |||||
Interest component of rentals charged to operating expense | — | — | |||||
Total fixed charges | 102 | 108 | |||||
Earnings, as defined | $ | 294 | $ | 250 | |||
Ratio of earnings to fixed charges | 2.88 | 2.31 |