Attached files
file | filename |
---|---|
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit311_3312018.htm |
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit312_3312018.htm |
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit321_3312018.htm |
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY RESOURCES CORP | cercexhibit322_3312018.htm |
10-Q - 10-Q - CENTERPOINT ENERGY RESOURCES CORP | cercq1201810-q.htm |
EX-4.4 - EXHIBIT 4.4 - CENTERPOINT ENERGY RESOURCES CORP | cerc_exhibit44x3312018.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 |