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Content analysis
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New words:
acknowledge, al, alleging, Bell, Burger, caption, complaint, compromise, confirmation, confirmed, CSS, deal, deconsolidation, discovery, endorsed, enriched, Enrichment, expansion, formulation, Fortune, FX, Gap, illustrated, Incumbent, Inet, intelligence, Interfirst, interpolation, King, Kneeland, Mallinckrodt, metropolitan, Northgate, Ovation, Pace, Pepco, pretrial, Prodigy, Reel, REIT, Republic, SBC, semiconductor, Simplifying, slightly, spin, store, straight, styled, Tek, Telephone, unrestricted, uranium, Youngblood, Zone
Removed:
announced, applicability, Applying, Bard, bearing, Brownell, Center, College, created, Curatorial, digital, discontinued, disputed, eliminated, equaled, expended, foregoing, freezing, guaranteed, installation, interpreting, involve, leased, lessee, liaison, noninterest, nonrecoverable, nonunion, notwithstanding, obligate, par, permanent, producing, properly, ranger, rebuild, repayment, requesting, residual, rheal, splitting, standpoint, stretch, terminating
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ONCOR ELECTRIC DELIVERY COMPANY LLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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| Year Ended December 31, | |||||||||||||
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| 2015 |
| 2014 |
| 2013 |
| 2012 |
| 2011 | |||||
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| (millions of dollars, except ratios) | |||||||||||||
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Earnings: |
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Income from continuing operations |
| $ | 432 |
| $ | 450 |
| $ | 432 |
| $ | 349 |
| $ | 367 |
Add: Total federal income taxes |
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| 252 |
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| 278 |
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| 249 |
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| 234 |
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| 229 |
Fixed charges (see detail below) |
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| 342 |
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| 363 |
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| 386 |
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| 390 |
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| 368 |
Total earnings |
| $ | 1,026 |
| $ | 1,091 |
| $ | 1,067 |
| $ | 973 |
| $ | 964 |
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Fixed Charges: |
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Interest expense, excluding capitalized interest |
| $ | 338 |
| $ | 358 |
| $ | 381 |
| $ | 384 |
| $ | 362 |
Rentals representative of the interest factor |
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| 4 |
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| 5 |
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| 5 |
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| 6 |
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| 6 |
Total fixed charges |
| $ | 342 |
| $ | 363 |
| $ | 386 |
| $ | 390 |
| $ | 368 |
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Ratio of earnings to fixed charges |
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| 3.00 |
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| 3.01 |
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| 2.76 |
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| 2.49 |
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| 2.62 |