EX-12.(B) 3 d295486dex12b.htm EX-12.(B) EX-12.(b)

Exhibit 12(b)

ONCOR ELECTRIC DELIVERY COMPANY LLC

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     Nine Months Ended,
September 30,		  
     2016      2015  
     (millions of dollars, except ratios)  

Earnings:

      

Income from continuing operations

    $ 355       $ 359   

Add: Total federal income taxes

      208         208   

Fixed charges (see detail below)

      262         256   
  

 

 

     

 

 

  

Total earnings

    $ 825       $ 823   
  

 

 

     

 

 

  

Fixed Charges:

      

Interest expensed and interest capitalized

    $ 258       $ 253   

Rentals representative of the interest factor

      4         3   
  

 

 

     

 

 

  

Total fixed charges

    $ 262       $ 256   
  

 

 

     

 

 

  

Ratio of earnings to fixed charges

      3.15         3.21