CENTERPOINT ENERGY RESOURCES CORP - FORM 10-Q - EX-12 - EXHIBIT 12 - August 5, 2016

Attached files

file	filename
10-Q - 10-Q - CENTERPOINT ENERGY RESOURCES CORP	cercq2201610-q.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY RESOURCES CORP	cercexhibit311_6302016.htm
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY RESOURCES CORP	cercexhibit321_6302016.htm
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY RESOURCES CORP	cercexhibit322_6302016.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY RESOURCES CORP	cercexhibit312_6302016.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



	Six Months Ended June 30,
	2016				2015
	(in millions, except ratios)
Net income	$	126			$	131
Equity in earnings of unconsolidated affiliates, net of distributions	58				50
Income tax expense	87				83
	271				264

Fixed charges, as defined:

Interest	64				69
Interest component of rentals charged to operating expense	2				2
Total fixed charges	66				71

Earnings, as defined	$	337			$	335

Ratio of earnings to fixed charges	5.11				4.72