Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - FIRSTENERGY CORP | fe-06302018x10q.htm |
| EX-31.2 - EXHIBIT 31.2 - FIRSTENERGY CORP | fe-06302018xex312.htm |
| EX-3 - EXHIBIT 3 - FIRSTENERGY CORP | a06302018exhibit3.htm |
| EX-31.1 - EXHIBIT 31.1 - FIRSTENERGY CORP | fe-06302018xex311.htm |
| EX-32 - EXHIBIT 32 - FIRSTENERGY CORP | fe-06302018xex32.htm |
| EX-99 - EXHIBIT 99 - FIRSTENERGY CORP | exhibit99-descriptionofcap.htm |
EXHIBIT 12
FIRSTENERGY CORP.
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
For the Six Months Ended June 30, | For the Years Ended December 31, | |||||||||||||||||||||||
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||||||
(In millions) | ||||||||||||||||||||||||
EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||||||||||||||||
Income from continuing operations | $ | 444 | $ | 726 | $ | 44 | $ | 348 | $ | 509 | $ | 440 | ||||||||||||
Interest and other charges, before reduction for amounts capitalized and deferred | 619 | 1,017 | 984 | 960 | 894 | 824 | ||||||||||||||||||
Capitalized interest | (8 | ) | (17 | ) | (30 | ) | (32 | ) | (34 | ) | (35 | ) | ||||||||||||
Provision for income taxes | 367 | 572 | 227 | 188 | 153 | 261 | ||||||||||||||||||
Interest element of rentals charged to income(1) | 16 | 32 | 43 | 58 | 75 | 87 | ||||||||||||||||||
Earnings as defined | $ | 1,438 | $ | 2,330 | $ | 1,268 | $ | 1,522 | $ | 1,597 | $ | 1,577 | ||||||||||||
FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||||||||||||||||
Interest before reduction for amounts capitalized and deferred | $ | 619 | $ | 1,017 | $ | 984 | $ | 960 | $ | 894 | $ | 824 | ||||||||||||
Interest element of rentals charged to income(1) | 16 | 32 | 43 | 58 | 75 | 87 | ||||||||||||||||||
Fixed charges as defined | $ | 635 | $ | 1,049 | $ | 1,027 | $ | 1,018 | $ | 969 | $ | 911 | ||||||||||||
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 2.26 | 2.22 | 1.23 | 1.50 | 1.65 | 1.73 | ||||||||||||||||||
(1) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined. |