Attached files

file filename
EX-12.2 - EXHIBIT 12.2 - CONSOLIDATED EDISON INCed-20150630xex122.htm
EX-31.1.2 - EXHIBIT 31.1.2 - CONSOLIDATED EDISON INCed-20150630xex3112.htm
EX-32.2.1 - EXHIBIT 32.2.1 - CONSOLIDATED EDISON INCed-20150630xex3221.htm
EX-32.1.1 - EXHIBIT 32.1.1 - CONSOLIDATED EDISON INCed-20150630xex3211.htm
EX-31.1.1 - EXHIBIT 31.1.1 - CONSOLIDATED EDISON INCed-20150630xex3111.htm
EX-32.1.2 - EXHIBIT 32.1.2 - CONSOLIDATED EDISON INCed-20150630xex3212.htm
EX-31.2.2 - EXHIBIT 31.2.2 - CONSOLIDATED EDISON INCed-20150630xex3122.htm
EX-32.2.2 - EXHIBIT 32.2.2 - CONSOLIDATED EDISON INCed-20150630xex3222.htm
EX-31.2.1 - EXHIBIT 31.2.1 - CONSOLIDATED EDISON INCed-20150630xex3121.htm
10-Q - 10-Q - CONSOLIDATED EDISON INCed-20150630x10q.htm


Exhibit 12.1
Consolidated Edison, Inc.
Ratio of Earnings to Fixed Charges
(Millions of Dollars)
 
For the Six Months Ended June 30, 2015
 
For the Twelve Months Ended December 31, 2014
 
For the Six Months Ended June 30, 2014
Earnings
 
 
 
 
 
Net Income for Common Stock
$589
 
$1,092
 
$574
Preferred Stock Dividend

 

 

(Income) or Loss from Equity Investees
(15)
 
(27)
 
(12
)
Minority Interest Loss

 

 

Income Tax
300
 
568
 
300
Pre-Tax Income
$874
 
$1,633
 
$862
Add: Fixed Charges*
346
 
636
 
311
Add: Distributed Income of Equity Investees

 

 

Subtract: Interest Capitalized

 

 

Subtract: Pre-Tax Preferred Stock Dividend Requirement

 

 

Earnings
$1,220
 
$2,269
 
$1,173
* Fixed Charges
 
 
 
 
 
Interest on Long-term Debt
$304
 
$573
 
$286
Amortization of Debt Discount, Premium and Expense
7
 
14
 
7
Interest Capitalized

 

 

Other Interest
13
 
5
 
(5)
Interest Component of Rentals
22
 
44
 
23
Pre-Tax Preferred Stock Dividend Requirement

 

 

Fixed Charges
$346
 
$636
 
$311
Ratio of Earnings to Fixed Charges
3.5
 
3.6
 
3.8