Attached files
file | filename |
---|---|
EX-32.2 - EX-32.2 - CMS ENERGY CORP | a16-17147_1ex32d2.htm |
EX-32.1 - EX-32.1 - CMS ENERGY CORP | a16-17147_1ex32d1.htm |
EX-31.4 - EX-31.4 - CMS ENERGY CORP | a16-17147_1ex31d4.htm |
EX-31.3 - EX-31.3 - CMS ENERGY CORP | a16-17147_1ex31d3.htm |
EX-31.2 - EX-31.2 - CMS ENERGY CORP | a16-17147_1ex31d2.htm |
EX-31.1 - EX-31.1 - CMS ENERGY CORP | a16-17147_1ex31d1.htm |
EX-12.1 - EX-12.1 - CMS ENERGY CORP | a16-17147_1ex12d1.htm |
10-Q - 10-Q - CMS ENERGY CORP | a16-17147_110q.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 |
|
Year Ended December 31 |
| ||||||||||||||
|
|
September 30, 2016 |
|
2015 |
|
2014 |
|
2013 |
|
2012 |
|
2011 |
| ||||||
Earnings as defined1 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
Pretax income from continuing operations |
|
$ |
753 |
|
$ |
896 |
|
$ |
873 |
|
$ |
880 |
|
$ |
736 |
|
$ |
734 |
|
Fixed charges as defined |
|
218 |
|
275 |
|
274 |
|
269 |
|
269 |
|
287 |
| ||||||
Earnings as defined |
|
$ |
971 |
|
$ |
1,171 |
|
$ |
1,147 |
|
$ |
1,149 |
|
$ |
1,005 |
|
$ |
1,021 |
|
Fixed charges as defined1 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
Interest on long-term debt |
|
$ |
195 |
|
$ |
252 |
|
$ |
243 |
|
$ |
237 |
|
$ |
232 |
|
$ |
251 |
|
Estimated interest portion of lease rental |
|
14 |
|
21 |
|
21 |
|
21 |
|
21 |
|
18 |
| ||||||
Other interest charges |
|
9 |
|
2 |
|
10 |
|
11 |
|
16 |
|
18 |
| ||||||
Fixed charges as defined |
|
218 |
|
275 |
|
274 |
|
269 |
|
269 |
|
287 |
| ||||||
Preferred dividends |
|
2 |
|
3 |
|
3 |
|
3 |
|
3 |
|
3 |
| ||||||
Combined fixed charges and preferred dividends |
|
$ |
220 |
|
$ |
278 |
|
$ |
277 |
|
$ |
272 |
|
$ |
272 |
|
$ |
290 |
|
Ratio of earnings to fixed charges |
|
4.45 |
|
4.26 |
|
4.19 |
|
4.27 |
|
3.74 |
|
3.56 |
| ||||||
Ratio of earnings to combined fixed charges and preferred dividends |
|
4.41 |
|
4.21 |
|
4.14 |
|
4.22 |
|
3.69 |
|
3.52 |
|
1 Earnings and fixed charges as defined in instructions for Item 503 of Regulation S-K.