Public Service Electric & Gas 10Q 2009 Q1 Quarterly report | SEC Filing

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	For the Three MonthsEnded March 31,				For the Years Ended December 31,
	2009		2008		2008		2007		2006		2005		2004
					(Millions, except ratios)
Earnings as Defined in Regulation S-K (A):

Pre-tax Income from Continuing Operations	$	209	$	202	$	592	$	637	$	448	$	583	$	592
Fixed Charges		79		81		325		332		346		342		362
Earnings	$	288	$	283	$	917	$	969	$	794	$	925	$	954

Fixed Charges as Defined in Regulation S-K (B)

Interest Expense	$	79	$	81	$	325	$	332	$	346	$	342	$	362
Interest Factor in Rentals		-		-		-		-		-		-		-
Total Fixed Charges	$	79	$	81	$	325	$	332	$	346	$	342	$	362

Ratio of Earnings to Fixed Charges		3.65		3.49		2.82		2.92		2.29		2.70		2.64

(A)	The term “earnings” shall be defined as pretax income from continuing operations. Add to pretax income the amount of fixed charges adjusted to exclude the amount of any interest capitalized during the period.

(B)	Fixed Charges represent (a) interest, whether expensed or capitalized, (b) amortization of debt discount, premium and expense and (c) an estimate of interest implicit in rentals.

Public Service Electric & Gas 10-Q2009 Q1 Quarterly report

Content analysis