Attached files
| file | filename |
|---|---|
| EX-5.1 - EX-5.1 - COMMONWEALTH EDISON Co | d193792dex51.htm |
| EX-4.1 - EX-4.1 - COMMONWEALTH EDISON Co | d193792dex41.htm |
| EX-1.1 - EX-1.1 - COMMONWEALTH EDISON Co | d193792dex11.htm |
| 8-K - FORM 8-K - COMMONWEALTH EDISON Co | d193792d8k.htm |
Exhibit 12.1
ComEd Company
Ratio of Earnings to Combined Fixed Charges
| Three months Ended |
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| Years Ended December 31, | March 31, | |||||||||||||||||||||||
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |||||||||||||||||||
| Pre-tax income from continuing operations before adjustment |
$ | 666 | $ | 618 | $ | 401 | $ | 676 | $ | 706 | $ | 192 | ||||||||||||
| Plus: Loss from equity investees |
— | — | — | — | — | — | ||||||||||||||||||
| Less: Capitalized interest |
(4 | ) | (3 | ) | (5 | ) | (2 | ) | (4 | ) | (2 | ) | ||||||||||||
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| Pre-tax income from continuing operations after adjustment for income or loss from equity investees and capitalized interest Fixed charges: |
$ | 662 | $ | 615 | $ | 396 | $ | 674 | $ | 702 | $ | 190 | ||||||||||||
| Interest expensed and capitalized, amortization of debt discount and premium on all indebtness |
$ | 330 | $ | 297 | $ | 575 | $ | 311 | $ | 331 | $ | 87 | ||||||||||||
| Interest component of rental expense (a) |
6 | 6 | 5 | 5 | 4 | 1 | ||||||||||||||||||
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| Total fixed charges |
$ | 336 | $ | 303 | $ | 580 | $ | 316 | $ | 335 | $ | 88 | ||||||||||||
| Pre-tax income from continuing operations after adjustment for income or loss from equity investees and capitalized interest plus fixed charges |
$ | 998 | $ | 918 | $ | 976 | $ | 990 | $ | 1,037 | $ | 278 | ||||||||||||
| Ratio of earnings to combined fixed charges and preferred stock dividends |
3.0 | 3.0 | 1.7 | 3.1 | 3.1 | 3.2 | ||||||||||||||||||
| (a) | Represents one-third of rental expense relating to operating leases, which is a reasonable approximation of the interest factor. |