Attached files
| file | filename |
|---|---|
| 8-K - PACIFICORP FORM 8-K 6.19.15 - PACIFICORP /OR/ | pacificorp61915form8-k.htm |
| EX-4.1 - TWENTY-EIGHTH SUPPLEMENTAL INDENTURE - PACIFICORP /OR/ | pacificorp61915ex41.htm |
| EX-1.1 - UNDERWRITING AGREEMENT - PACIFICORP /OR/ | pacificorp61915ex11.htm |
| EX-99.1 - OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION - PACIFICORP /OR/ | pacificorp61915ex991.htm |
| EX-5.1 - OPINION OF PERKINS COIE LLP - PACIFICORP /OR/ | pacificorp61915ex51.htm |
EXHIBIT 12.1
PACIFICORP
STATEMENTS OF COMPUTATION OF RATIO
OF EARNINGS TO FIXED CHARGES
(DOLLARS IN MILLIONS)
Three-Month | ||||||||||||||||||||||||
Period Ended | Years Ended December 31, | |||||||||||||||||||||||
March 31, 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||
Earnings Available for Fixed Charges: | ||||||||||||||||||||||||
Income from continuing operations | ||||||||||||||||||||||||
before income tax expense | $ | 197 | $ | 1,007 | $ | 979 | $ | 734 | $ | 768 | $ | 777 | ||||||||||||
Fixed charges | 95 | 384 | 385 | 385 | 397 | 392 | ||||||||||||||||||
Total earnings available for fixed charges | $ | 292 | $ | 1,391 | $ | 1,364 | $ | 1,119 | $ | 1,165 | $ | 1,169 | ||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest expense | $ | 94 | $ | 379 | $ | 379 | $ | 380 | $ | 392 | $ | 387 | ||||||||||||
Estimated interest portion of rentals | ||||||||||||||||||||||||
charged to expense | 1 | 5 | 6 | 5 | 5 | 5 | ||||||||||||||||||
Total fixed charges | $ | 95 | $ | 384 | $ | 385 | $ | 385 | $ | 397 | $ | 392 | ||||||||||||
Ratio of Earnings to Fixed Charges | 3.1x | 3.6x | 3.5x | 2.9x | 2.9x | 3.0x | ||||||||||||||||||