Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY RESOURCES CORPcercexhibit322_3312018.htm
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY RESOURCES CORPcercexhibit321_3312018.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY RESOURCES CORPcercexhibit312_3312018.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY RESOURCES CORPcercexhibit311_3312018.htm
EX-4.4 - EXHIBIT 4.4 - CENTERPOINT ENERGY RESOURCES CORPcerc_exhibit44x3312018.htm
10-Q - 10-Q - CENTERPOINT ENERGY RESOURCES CORPcercq1201810-q.htm


Exhibit 12

 
CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES
(An Indirect, Wholly-Owned Subsidiary of CenterPoint Energy, Inc.)

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Three Months Ended March 31,
 
2018
 
2017
 
(in millions, except ratios)
Net income
$
130

 
$
147

Equity in earnings of unconsolidated affiliates, net of distributions
5

 
2

Income tax expense
37

 
90

Capitalized interest

 
(1
)
 
172

 
238

 
 

 
 

Fixed charges, as defined:
 

 
 

 
 

 
 

Interest
29

 
29

Capitalized interest

 
1

Interest component of rentals charged to operating expense
1

 
1

Total fixed charges
30

 
31

 
 

 
 

Earnings, as defined
$
202

 
$
269

 
 

 
 

Ratio of earnings to fixed charges
6.73

 
8.68