Attached files
file | filename |
---|---|
10-Q - 10-Q - NEXTERA ENERGY INC | nee10q2q2016.htm |
EX-32.B - EXHIBIT 32(B) - NEXTERA ENERGY INC | nee-2q2016xex32b.htm |
EX-32.A - EXHIBIT 32(A) - NEXTERA ENERGY INC | nee-2q2016xex32a.htm |
EX-31.D - EXHIBIT 31(D) - NEXTERA ENERGY INC | nee-2q2016xex31d.htm |
EX-31.C - EXHIBIT 31(C) - NEXTERA ENERGY INC | nee-2q2016xex31c.htm |
EX-31.B - EXHIBIT 31(B) - NEXTERA ENERGY INC | nee-2q2016xex31b.htm |
EX-31.A - EXHIBIT 31(A) - NEXTERA ENERGY INC | nee-2q2016xex31a.htm |
EX-12.A - EXHIBIT 12(A) - NEXTERA ENERGY INC | nee-2q2016xex12a.htm |
Exhibit 12(b)
FLORIDA POWER & LIGHT COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS(a)
Six Months Ended June 30, 2016 | |||
(millions of dollars) | |||
Earnings, as defined: | |||
Net income | $ | 840.8 | |
Income taxes | 513.4 | ||
Fixed charges, as below | 246.8 | ||
Total earnings, as defined | $ | 1,601.0 | |
Fixed charges, as defined: | |||
Interest expense | $ | 228.6 | |
Rental interest factor | 6.5 | ||
Allowance for borrowed funds used during construction | 11.7 | ||
Total fixed charges, as defined | $ | 246.8 | |
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a) | 6.49 |
(a) | Florida Power & Light Company has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends. |