Pacificorp (PPWLM) 8-K Other Events

EXHIBIT 12.1

PACIFICORP

STATEMENTS OF COMPUTATION OF RATIO

OF EARNINGS TO FIXED CHARGES

(DOLLARS IN MILLIONS)

	Nine-Month
	Period Ended		Years Ended December 31,
	September 30, 2015		2014		2013		2012		2011		2010
Earnings Available for Fixed Charges:
Income from continuing operations
before income tax expense	$	797	$	1,007	$	979	$	734	$	768	$	777
Fixed charges	287		384		385		385		397		392
Total earnings available for fixed charges	$	1,084	$	1,391	$	1,364	$	1,119	$	1,165	$	1,169
Fixed Charges:
Interest expense	$	283	$	379	$	379	$	380	$	392	$	387
Estimated interest portion of rentals
charged to expense	4		5		6		5		5		5
Total fixed charges	$	287	$	384	$	385	$	385	$	397	$	392
Ratio of Earnings to Fixed Charges	3.8x		3.6x		3.5x		2.9x		2.9x		3.0x