Centerpoint Energy Resources 10-Q 2016 Q2 Quarterly report

Exhibit 12

CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES

(An Indirect Wholly Owned Subsidiary of CenterPoint Energy, Inc.)

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

	Six Months Ended June 30,
	2016		2015
	(in millions, except ratios)
Net income	$	126	$	131
Equity in earnings of unconsolidated affiliates, net of distributions	58		50
Income tax expense	87		83
	271		264
Fixed charges, as defined:
Interest	64		69
Interest component of rentals charged to operating expense	2		2
Total fixed charges	66		71
Earnings, as defined	$	337	$	335
Ratio of earnings to fixed charges	5.11		4.72