Attached files
Exhibit 12.1
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Six Months Ended June 30, | |||||||
2018 | 2017 | ||||||
(in millions, except ratios) | |||||||
Net income | $ | 90 | $ | 327 | |||
Equity in earnings of unconsolidated affiliates, net of distributions | 21 | 18 | |||||
Income tax expense | 34 | 183 | |||||
Capitalized interest | (4 | ) | (4 | ) | |||
141 | 524 | ||||||
Fixed charges, as defined: | |||||||
Interest | 199 | 195 | |||||
Capitalized interest | 4 | 4 | |||||
Interest component of rentals charged to operating expense | 1 | 2 | |||||
Total fixed charges | 204 | 201 | |||||
Earnings, as defined | $ | 345 | $ | 725 | |||
Ratio of earnings to fixed charges | 1.69 | 3.61 |