CENTERPOINT ENERGY INC - FORM 10-Q - EX-12 - EXHIBIT 12 - August 5, 2016

Attached files

file filename
10-Q - 10-Q - CENTERPOINT ENERGY INCcnp_10qx6302016.htm
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY INCcnp_exhibit322x6302016.htm
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY INCcnp_exhibit321x6302016.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY INCcnp_exhibit312x6302016.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY INCcnp_exhibit311x6302016.htm
EX-4.6 - EXHIBIT 4.6 - CENTERPOINT ENERGY INCcnp_exhibit46x6302016.htm
EX-4.5 - EXHIBIT 4.5 - CENTERPOINT ENERGY INCcnp_exhibit45x6302016.htm


Exhibit 12


CENTERPOINT ENERGY, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Six Months Ended June 30,
 
2016
 
2015
 
(in millions, except ratios)
Net income
$
152

 
$
208

Equity in earnings of unconsolidated affiliates, net of distributions
58

 
50

Income tax expense
96

 
115

Capitalized interest
(3
)
 
(5
)
 
303

 
368

 
 
 
 
Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
220

 
233

Capitalized interest
3

 
5

Interest component of rentals charged to operating expense
2

 
2

Total fixed charges
225

 
240

 
 
 
 
Earnings, as defined
$
528

 
$
608

 
 
 
 
Ratio of earnings to fixed charges
2.35

 
2.53




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