Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit312_9302017.htm |
| EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit321_9302017.htm |
| EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit322_9302017.htm |
| 10-Q - 10-Q - CENTERPOINT ENERGY RESOURCES CORP | cercq3201710-q.htm |
| EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit311_9302017.htm |
| EX-4.4 - EXHIBIT 4.4 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit44_9302017.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
Nine Months Ended September 30, | |||||||
2017 | 2016 | ||||||
(in millions, except ratios) | |||||||
Net income | $ | 239 | $ | 169 | |||
Equity in earnings of unconsolidated affiliates, net of distributions | 24 | 59 | |||||
Income tax expense | 144 | 113 | |||||
Capitalized interest | (1 | ) | (1 | ) | |||
406 | 340 | ||||||
Fixed charges, as defined: | |||||||
Interest | 92 | 93 | |||||
Capitalized interest | 1 | 1 | |||||
Interest component of rentals charged to operating expense | 2 | 3 | |||||
Total fixed charges | 95 | 97 | |||||
Earnings, as defined | $ | 501 | $ | 437 | |||
Ratio of earnings to fixed charges | 5.27 | 4.51 | |||||