Attached files

file filename
10-Q - 10-Q - CONSOLIDATED EDISON INCed-20170630x10q.htm
EX-32.2.2 - EXHIBIT 32.2.2 - CONSOLIDATED EDISON INCed-20170630xex3222.htm
EX-32.2.1 - EXHIBIT 32.2.1 - CONSOLIDATED EDISON INCed-20170630xex3221.htm
EX-31.2.2 - EXHIBIT 31.2.2 - CONSOLIDATED EDISON INCed-20170630xex3122.htm
EX-31.2.1 - EXHIBIT 31.2.1 - CONSOLIDATED EDISON INCed-20170630xex3121.htm
EX-12.2 - EXHIBIT 12.2 - CONSOLIDATED EDISON INCed-20170630xex122.htm
EX-10.2 - EXHIBIT 10.2 - CONSOLIDATED EDISON INCed-20170630xex102.htm
EX-32.1.2 - EXHIBIT 32.1.2 - CONSOLIDATED EDISON INCed-20170630xex3212.htm
EX-32.1.1 - EXHIBIT 32.1.1 - CONSOLIDATED EDISON INCed-20170630xex3211.htm
EX-31.1.2 - EXHIBIT 31.1.2 - CONSOLIDATED EDISON INCed-20170630xex3112.htm
EX-31.1.1 - EXHIBIT 31.1.1 - CONSOLIDATED EDISON INCed-20170630xex3111.htm
EX-10.1 - EXHIBIT 10.1 - CONSOLIDATED EDISON INCed-20170630xex101.htm


Exhibit 12.1
Consolidated Edison, Inc.
Ratio of Earnings to Fixed Charges
(Millions of Dollars)
 
For the Six Months Ended June 30, 2017
 
For The Twelve Months Ended December 31, 2016
 
For the Six Months Ended June 30, 2016
Earnings
 
 
 
 
 
Net Income
$563
 
$1,245
 
$542
Preferred Stock Dividend

 

 

(Income)/Loss from Equity Investees
(14)
 
(28)
 
(13
)
Minority Interest Loss

 

 

Income Tax
330
 
698
 
288
Pre-Tax Income
$879
 
$1,915
 
$817
Add: Fixed Charges*
377
 
730
 
366
Add: Distributed Income of Equity Investees

 

 

Subtract: Interest Capitalized

 

 

Subtract: Pre-Tax Preferred Stock Dividend Requirement

 

 

Earnings
$1,256
 
$2,645
 
$1,183
* Fixed Charges

 

 

Interest on Long-term Debt
$350
 
$664
 
$324
Amortization of Debt Discount, Premium and Expense
6
 
14
 
7
Interest Capitalized

 

 

Other Interest
7
 
24
 
12
Interest Component of Rentals
14
 
28
 
23
Pre-Tax Preferred Stock Dividend Requirement

 

 

Fixed Charges
$377
 
$730
 
$366
Ratio of Earnings to Fixed Charges
3.3
 
3.6
 
3.2