CENTERPOINT ENERGY INC - FORM 10-K - EX-12 - EXHIBIT 12 - February 28, 2017

Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY INCcnp_exhibit322x12312016.htm
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY INCcnp_exhibit321x12312016.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY INCcnp_exhibit312x12312016.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY INCcnp_exhibit311x12312016.htm
EX-23.2 - EXHIBIT 23.2 - CENTERPOINT ENERGY INCcnp_exhibit232x12312016.htm
EX-23.1 - EXHIBIT 23.1 - CENTERPOINT ENERGY INCcnp_exhibit231x12312016.htm
EX-21 - EXHIBIT 21 - CENTERPOINT ENERGY INCcnp_exhibit21x12312016.htm
EX-10.(NN) - EXHIBIT 10.(NN) - CENTERPOINT ENERGY INCcnp_exhibit10nnx12312016.htm
EX-10.(MM) - EXHIBIT 10.(MM) - CENTERPOINT ENERGY INCcnp_exhibit10mmx12312016.htm
EX-10.(II)(5) - EXHIBIT 10.(II)(5) - CENTERPOINT ENERGY INCcnp_exhibit10ii5x12312016.htm
EX-10.(S) - EXHIBIT 10.(S) - CENTERPOINT ENERGY INCcnp_exhibit10sx12312016.htm
EX-4.(E)(42) - EXHIBIT 4.(E)(42) - CENTERPOINT ENERGY INCcnp_exhibit4e42x12312016.htm
EX-4.(E)(41) - EXHIBIT 4.(E)(41) - CENTERPOINT ENERGY INCcnp_exhibit4e41x12312016.htm
10-K - 10-K - CENTERPOINT ENERGY INCcnp_10kx12312016.htm


Exhibit 12

 
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
 
     2016 (1)
 
      2015 (1)
 
     2014 (1)
 
     2013 (1)
 
     2012 (1)
 
(In millions)
Income (loss) before extraordinary item
$
432

 
$
(692
)
 
$
611

 
$
311

 
$
417

Equity in (earnings) losses of unconsolidated affiliates, net of distributions
89

 
1,927

 
(2
)
 
(58
)
 
8

Income tax expense (benefit)
254

 
(438
)
 
274

 
470

 
341

Capitalized interest
(8
)
 
(10
)
 
(11
)
 
(11
)
 
(9
)
 
767

 
787

 
872

 
712

 
757

 
 
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 

 
 

 
 

 
 

 
 

Interest
429

 
457

 
471

 
484

 
569

Capitalized interest
8

 
10

 
11

 
11

 
9

Interest component of rentals charged to operating expense
3

 
3

 
4

 
7

 
9

Total fixed charges
440

 
470

 
486

 
502

 
587

 
 
 
 
 
 
 
 
 
 
Earnings, as defined
$
1,207

 
$
1,257

 
$
1,358

 
$
1,214

 
$
1,344

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
2.74

 
2.67

 
2.79

 
2.42

 
2.29


(1)
Excluded from the computation of fixed charges for the years ended December 31, 2016, 2015, 2014, 2013, and 2012 is interest expense of $-0-, $-0- and $3 million and interest income of $6 million and $11 million respectively, which is included in income tax expense.


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