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EX-5.01 - EXHIBIT 5.01 - XCEL ENERGY INCexhibit501june2018.htm
EX-4.01 - EXHIBIT 4.01 - XCEL ENERGY INCexhibit401june2018.htm
8-K - 8-K - XCEL ENERGY INCa8-kholdcobondofferingjune.htm


Exhibit 12.01

XCEL ENERGY INC. AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in millions, except ratio)
 
Three Months
Ended March 31, 2018
 
Year Ended Dec. 31
 
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings, as defined:
 
 
 

 
 

 
 

 
 

 
 

Pretax income
$
350

 
$
1,690

 
$
1,704

 
$
1,527

 
$
1,545

 
$
1,432

Add: Fixed charges
192

 
756

 
746

 
700

 
677

 
686

Add: Dividends from unconsolidated subsidiaries
9

 
41

 
46

 
40

 
37

 
37

Deduct: Equity earnings of unconsolidated subsidiaries
6

 
30

 
42

 
34

 
30

 
30

Total earnings, as defined
$
545

 
$
2,457

 
$
2,454

 
$
2,233

 
$
2,229

 
$
2,125

Fixed charges, as defined:
 

 
 

 
 

 
 

 
 

 
 

Interest charges
$
170

 
$
663

 
$
647

 
$
595

 
$
567

 
$
575

Interest component of leases
22

 
93

 
99

 
105

 
110

 
111

Total fixed charges, as defined
$
192

 
$
756

 
$
746

 
$
700

 
$
677

 
$
686

Ratio of earnings to fixed charges
2.8

 
3.3

 
3.3

 
3.2

 
3.3

 
3.1