Attached files
| file | filename |
|---|---|
| EX-32 - EXHIBIT 32 - FIRSTENERGY CORP | fe-03312016xex32.htm |
| EX-31.2 - EXHIBIT 31.2 - FIRSTENERGY CORP | fe-03312016xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - FIRSTENERGY CORP | fe-03312016xex311.htm |
| 10-Q - 10-Q - FIRSTENERGY CORP | fe-03312016x10q.htm |
EXHIBIT 12
FIRSTENERGY CORP.
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
Three Months Ended March 31 | Year Ended December 31 | ||||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||||
(In millions) | |||||||||||||||||||||||||
EARNINGS AS DEFINED IN REGULATION S-K: | |||||||||||||||||||||||||
Net Income/Income from continuing operations | $ | 328 | $ | 578 | $ | 213 | $ | 375 | $ | 755 | $ | 856 | |||||||||||||
Interest and other charges, before reduction for amounts capitalized and deferred | 288 | 1,132 | 1,073 | 1,016 | 1,001 | 1,008 | |||||||||||||||||||
Capitalized interest | (17 | ) | (68 | ) | (69 | ) | (75 | ) | (72 | ) | (70 | ) | |||||||||||||
Provision for income taxes | 213 | 315 | (42 | ) | 195 | 545 | 566 | ||||||||||||||||||
Interest element of rentals charged to income (1) | 19 | 78 | 83 | 96 | 136 | 150 | |||||||||||||||||||
Earnings as defined | $ | 831 | $ | 2,035 | $ | 1,258 | $ | 1,607 | $ | 2,365 | $ | 2,510 | |||||||||||||
FIXED CHARGES AS DEFINED IN REGULATION S-K: | |||||||||||||||||||||||||
Interest before reduction for amounts capitalized and deferred | $ | 288 | $ | 1,132 | $ | 1,073 | $ | 1,016 | $ | 1,001 | $ | 1,008 | |||||||||||||
Interest element of rentals charged to income (1) | 19 | 78 | 83 | 96 | 136 | 150 | |||||||||||||||||||
Fixed charges as defined | $ | 307 | $ | 1,210 | $ | 1,156 | $ | 1,112 | $ | 1,137 | $ | 1,158 | |||||||||||||
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 2.71 | 1.68 | 1.09 | 1.45 | 2.08 | 2.17 | |||||||||||||||||||
(1) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined. |
90