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?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
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8th grade Avg
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New words:
accelerated, advanced, ancillary, assistance, attributable, baseline, bundled, CIM, Committee, congestion, deployment, depreciation, emit, EO, exclusion, experience, experienced, explanation, grid, holder, home, incremental, infrastructure, interconnection, interruption, Kerry, key, lack, LCT, Lieberman, lost, metering, MNRE, negotiating, outage, pilot, produced, RCRA, RDM, recent, release, residue, RETM, reuse, scheduled, section, shield, slight, small, smart, stoppage, strength, strike, Tracker, underemployment, unemployment, urged
Removed:
assigned, challenge, decreased, expire, labor, limitation, pursue, resolve, Statewide, unfavorable
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Exhibit 12-37
THE DETROIT EDISON COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Six Months Ended | Twelve Months Ended December 31 | |||||||||||||||||||||||
(Millions of Dollars) | June 30, 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Pretax earnings | $ | 289 | $ | 604 | $ | 517 | $ | 466 | $ | 482 | $ | 426 | ||||||||||||
Fixed charges | 169 | 348 | 324 | 319 | 299 | 280 | ||||||||||||||||||
Net earnings | $ | 458 | $ | 952 | $ | 841 | $ | 785 | $ | 781 | $ | 706 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | $ | 158 | $ | 325 | $ | 293 | $ | 294 | $ | 278 | $ | 267 | ||||||||||||
Adjustments | 11 | 23 | 31 | 25 | 21 | 13 | ||||||||||||||||||
Fixed charges | $ | 169 | $ | 348 | $ | 324 | $ | 319 | $ | 299 | $ | 280 | ||||||||||||
Ratio of earnings to fixed charges | 2.71 | 2.74 | 2.60 | 2.46 | 2.61 | 2.52 | ||||||||||||||||||