EX-12.2 3 cehe_exhibit122x6302018.htm EXHIBIT 12.2 Exhibit


Exhibit 12.2

CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES
(AN INDIRECT, WHOLLY-OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Six Months Ended June 30,
 
2018
 
2017
 
(in millions, except ratios)
Net income
$
153

 
$
93

Income taxes
42

 
52

Capitalized interest
(3
)
 
(3
)
 
192

 
142

Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
99

 
105

Capitalized interest
3

 
3

Interest component of rentals charged to operating expense
—

 
—

Total fixed charges
102

 
108

 
 
 
 
Earnings, as defined
$
294

 
$
250

 
 
 
 
Ratio of earnings to fixed charges
2.88

 
2.31