EX-12.(B) 3 d671031dex12b.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,		  
     2018      2017  
(millions of dollars, except ratios)  

Earnings:

      

Income from continuing operations

    $ 426      $ 343  

Add: Total federal income taxes

      121        192  

Fixed charges (see detail below)

      276        268  
  

 

 

     

 

 

  

Total earnings

    $ 823      $ 803  
  

 

 

     

 

 

  

Fixed Charges:

      

Interest expense, excluding capitalized interest

    $ 273      $ 265  

Rentals representative of the interest factor

      3        3  
  

 

 

     

 

 

  

Total fixed charges

    $ 276      $ 268  
  

 

 

     

 

 

  

Ratio of earnings to fixed charges

      2.98        3.00