Exhibit 12(a)
NEXTERA ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS(a)
| Three Months Ended March 31, 2013 | |||
| (millions of dollars) | |||
| Earnings, as defined: | |||
| Income from continuing operations | $ | 84 | |
| Income taxes | 168 | ||
| Fixed charges included in the determination of net income, as below | 299 | ||
| Amortization of capitalized interest | 8 | ||
| Distributed income of equity method investees | 4 | ||
| Less: Equity in losses of equity method investees | (4 | ) | |
| Total earnings, as defined | $ | 567 | |
| Fixed charges, as defined: | |||
| Interest expense | $ | 272 | |
| Rental interest factor | 17 | ||
| Allowance for borrowed funds used during construction | 10 | ||
| Fixed charges included in the determination of net income | 299 | ||
| Capitalized interest | 37 | ||
| Total fixed charges, as defined | $ | 336 | |
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a) | 1.69 | ||
| (a) | NextEra Energy, Inc. 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. |