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New words:
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Removed:
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Filing tables
Filing exhibits
- 10-K Annual report
- 10.7 Exhibit 10.7
- 10.8 Exhibit 10.8
- 10.9 Exhibit 10.9
- 10.27 Exhibit 10.27
- 10.28 Exhibit 10.28
- 10.39 Exhibit 10.39
- 10.40 Exhibit 10.40
- 10.41 Exhibit 10.41
- 10.42 Exhibit 10.42
- 10.58 Exhibit 10.58
- 10.59 Exhibit 10.59
- 10.67 Exhibit 10.67
- 12.1 Exhibit 12.1
- 12.2 Exhibit 12.2
- 12.3 Exhibit 12.3
- 13.1 Exhibit 13.1
- 21.1 Exhibit 21.1
- 31.1 Exhibit 31.1
- 31.2 Exhibit 31.2
- 31.3 Exhibit 31.3
- 31.4 Exhibit 31.4
- 31.5 Exhibit 31.5
- 31.6 Exhibit 31.6
- 32.1 Exhibit 32.1
- 32.2 Exhibit 32.2
- 32.3 Exhibit 32.3
- 32.4 Exhibit 32.4
- 32.5 Exhibit 32.5
- 32.6 Exhibit 32.6
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| EXHIBIT 12.2 | |||||||||||||||||||||
| SAN DIEGO GAS & ELECTRIC COMPANY | |||||||||||||||||||||
| COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES | |||||||||||||||||||||
| AND PREFERRED STOCK DIVIDENDS | |||||||||||||||||||||
| (Dollars in millions) | |||||||||||||||||||||
| 2012 | 2013 | 2014 | 2015 | 2016 | |||||||||||||||||
| Fixed charges and preferred stock dividends: | |||||||||||||||||||||
| Interest | $ | 220 | $ | 231 | $ | 238 | $ | 241 | $ | 239 | |||||||||||
| Interest portion of annual rentals | 1 | 1 | 1 | 1 | 1 | ||||||||||||||||
| Total fixed charges | 221 | 232 | 239 | 242 | 240 | ||||||||||||||||
| Preferred stock dividends(1) | 7 | 5 | — | — | — | ||||||||||||||||
| Combined fixed charges and preferred stock dividends for purpose of ratio | $ | 228 | $ | 237 | $ | 239 | $ | 242 | $ | 240 | |||||||||||
| Earnings: | |||||||||||||||||||||
| Pretax income from continuing operations | $ | 705 | $ | 626 | $ | 797 | $ | 890 | $ | 845 | |||||||||||
| Add: Total fixed charges (from above) | 221 | 232 | 239 | 242 | 240 | ||||||||||||||||
| Less: Interest capitalized | — | — | 1 | — | — | ||||||||||||||||
| Total earnings for purpose of ratio | $ | 926 | $ | 858 | $ | 1,035 | $ | 1,132 | $ | 1,085 | |||||||||||
| Ratio of earnings to combined fixed charges | |||||||||||||||||||||
| and preferred stock dividends | 4.06 | 3.62 | 4.33 | 4.68 | 4.52 | ||||||||||||||||
| Ratio of earnings to fixed charges | 4.19 | 3.70 | 4.33 | 4.68 | 4.52 | ||||||||||||||||
| (1) | In computing this ratio, “Preferred stock dividends” represents the before-tax earnings necessary to pay such dividends, computed at the effective tax rates for the applicable periods. | ||||||||||||||||||||