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Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
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Exhibit 12.3
Dominion Energy Gas Holdings, LLC
Computation of Ratio of Earnings to Fixed Charges
(millions of dollars)
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| Years Ended December 31, |
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| Six Months |
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| Twelve Months |
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| 2016 |
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| 2015 |
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| 2014 |
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| 2013 |
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| 2012 |
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Earnings, as defined: |
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Income from continuing operations before income tax expense |
| $ | 287 |
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| $ | 563 |
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| $ | 607 |
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| $ | 740 |
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| $ | 846 |
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| $ | 762 |
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| $ | 747 |
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Distributed income from unconsolidated investees, less equity in earnings |
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| — |
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| (2 | ) |
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| — |
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| (3 | ) |
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| (1 | ) |
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| (2 | ) |
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| 2 |
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Fixed charges included in income |
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| 57 |
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| 114 |
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| 109 |
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| 86 |
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| 39 |
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| 43 |
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| 65 |
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Total earnings, as defined | $ | 344 |
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| $ | 675 |
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| $ | 716 |
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| $ | 823 |
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| $ | 884 |
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| $ | 803 |
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| $ | 814 |
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Fixed charges, as defined: |
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Interest charges |
| $ | 51 |
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| $ | 102 |
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| $ | 97 |
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| $ | 74 |
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| $ | 28 |
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| $ | 30 |
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| $ | 51 |
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Rental interest factor |
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| 6 |
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| 12 |
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| 12 |
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| 12 |
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| 11 |
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| 13 |
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| 14 |
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Total fixed charges, as defined | $ | 57 |
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| $ | 114 |
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| $ | 109 |
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| $ | 86 |
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| $ | 39 |
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| $ | 43 |
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| $ | 65 |
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Ratio of Earnings to Fixed Charges |
| 6.04 |
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| 5.92 |
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| 6.57 |
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| 9.57 |
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| 22.67 |
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| 18.67 |
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| 12.52 |
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