Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Bad
|
New words:
accrued, bulletin, ceased, CSAPR, denial, DSM, earlier, Euribor, Euro, framework, immaterial, IRS, Lone, newly, notice, phase, Port, preliminary, refueling, reset, seasonal, side, staffing, Star, statute, suggested, unrecoverable, version, warm, write, written
Removed:
accelerate, amounted, confirmed, covered, domestic, eligible, fourth, spent
Filing tables
Filing exhibits
Related press release
NEE similar filings
Filing view
External links
Exhibit 12(b)
FLORIDA POWER & LIGHT COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS(a)
Six Months Ended June 30, 2011 | ||||
(millions of dollars) | ||||
Earnings, as defined: | ||||
Net income | $ | 506 | ||
Income taxes | 305 | |||
Fixed charges included in the determination of net income, as below | 199 | |||
Total earnings, as defined | $ | 1,010 | ||
Fixed charges, as defined: | ||||
Interest expense | $ | 187 | ||
Rental interest factor | 3 | |||
Allowance for borrowed funds used during construction | 9 | |||
Fixed charges included in the determination of net income | 199 | |||
Capitalized interest | 2 | |||
Total fixed charges, as defined | $ | 201 | ||
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a) | 5.02 |
¾¾¾¾¾¾¾¾¾¾
(a) | Florida Power & Light Company has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends. |