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New words:
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Removed:
achieved, advance, applied, approximate, ArcLight, arriving, assuming, attrition, authority, bilateral, cont, dollar, ending, energize, expanded, FASB, financed, fiscal, forma, GLOSSARY, guideline, illustrative, independent, index, intercompany, intermediate, milder, mitigated, north, pattern, preliminary, prepared, pro, program, repayment, retrospectively, scale, significance, statutory, throughput, withheld, withholding
Filing tables
Filing exhibits
- 10-Q Quarterly report
- 4.9 Exhibit 4.9
- 4.10 Exhibit 4.10
- 4.12 Exhibit 4.12
- 10.1 Exhibit 10.1
- 10.3 Exhibit 10.3
- 10.4 Exhibit 10.4
- 10.5 Exhibit 10.5
- 10.6 Exhibit 10.6
- 10.7 Exhibit 10.7
- 12 Exhibit 12
- 31.1 Exhibit 31.1
- 31.2 Exhibit 31.2
- 32.1 Exhibit 32.1
- 32.2 Exhibit 32.2
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Exhibit 12
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Three Months Ended March 31, | |||||||
2018 | 2017 | ||||||
(in millions, except ratios) | |||||||
Net income | $ | 165 | $ | 192 | |||
Equity in earnings of unconsolidated affiliates, net of distributions | 5 | 2 | |||||
Income tax expense | 47 | 107 | |||||
Capitalized interest | (2 | ) | (2 | ) | |||
215 | 299 | ||||||
Fixed charges, as defined: | |||||||
Interest | 94 | 98 | |||||
Capitalized interest | 2 | 2 | |||||
Interest component of rentals charged to operating expense | 1 | 1 | |||||
Total fixed charges | 97 | 101 | |||||
Earnings, as defined | $ | 312 | $ | 400 | |||
Ratio of earnings to fixed charges | 3.22 | 3.96 |