Attached files

file filename
EX-10.1 - EX-10.1 - CMS ENERGY CORPa15-18002_1ex10d1.htm
EX-31.4 - EX-31.4 - CMS ENERGY CORPa15-18002_1ex31d4.htm
EX-31.3 - EX-31.3 - CMS ENERGY CORPa15-18002_1ex31d3.htm
EX-12.1 - EX-12.1 - CMS ENERGY CORPa15-18002_1ex12d1.htm
EX-31.1 - EX-31.1 - CMS ENERGY CORPa15-18002_1ex31d1.htm
EX-32.2 - EX-32.2 - CMS ENERGY CORPa15-18002_1ex32d2.htm
EX-32.1 - EX-32.1 - CMS ENERGY CORPa15-18002_1ex32d1.htm
10-Q - 10-Q - CMS ENERGY CORPa15-18002_110q.htm
EX-31.2 - EX-31.2 - CMS ENERGY CORPa15-18002_1ex31d2.htm

Exhibit 12.2

 

CONSUMERS ENERGY COMPANY

 

Ratios of Earnings to Fixed Charges and Combined Fixed Charges and Preferred Dividends

 

In Millions, Except Ratios

 

 

 

Nine Months 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ended 

 

Year Ended December 31

 

 

September 30, 2015

 

2014

 

2013

 

2012

 

2011

 

2010

 

Earnings as defined1

 

 

 

 

 

 

 

 

 

 

 

 

 

Pretax income from continuing operations

 

$

696

 

$

873

 

$

880

 

$

736

 

$

734

 

$

688

 

Exclude equity basis subsidiaries

 

 

 

 

 

 

 

Fixed charges as defined

 

214

 

274

 

269

 

269

 

287

 

296

 

Earnings as defined

 

$

910

 

$

1,147

 

$

1,149

 

$

1,005

 

$

1,021

 

$

984

 

Fixed charges as defined1

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on long-term debt

 

$

188

 

$

243

 

$

237

 

$

232

 

$

251

 

$

246

 

Estimated interest portion of lease rental

 

15

 

21

 

21

 

21

 

18

 

16

 

Other interest charges

 

11

 

10

 

11

 

16

 

18

 

34

 

Fixed charges as defined

 

214

 

274

 

269

 

269

 

287

 

296

 

Preferred dividends

 

2

 

3

 

3

 

3

 

3

 

3

 

Combined fixed charges and preferred dividends

 

$

216

 

$

277

 

$

272

 

$

272

 

$

290

 

$

299

 

Ratio of earnings to fixed charges

 

4.25

 

4.19

 

4.27

 

3.74

 

3.56

 

3.32

 

Ratio of earnings to combined fixed charges and preferred dividends

 

4.21

 

4.14

 

4.22

 

3.69

 

3.52

 

3.29

 

 

1       Earnings and fixed charges as defined in instructions for Item 503 of Regulation S-K.