0001193125-16-767048.txt : 20161114 0001193125-16-767048.hdr.sgml : 20161111 20161114082232 ACCESSION NUMBER: 0001193125-16-767048 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161114 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161114 DATE AS OF CHANGE: 20161114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Water Works Company, Inc. CENTRAL INDEX KEY: 0001410636 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] IRS NUMBER: 510063696 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34028 FILM NUMBER: 161990774 BUSINESS ADDRESS: STREET 1: 1025 LAUREL OAK ROAD CITY: VOORHEES STATE: NJ ZIP: 08043 BUSINESS PHONE: 856-346-8200 MAIL ADDRESS: STREET 1: 1025 LAUREL OAK ROAD CITY: VOORHEES STATE: NJ ZIP: 08043 8-K 1 d278982d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 14, 2016

 

 

American Water Works Company, Inc.

(Exact name of registrant as specified in its charter)

 

 

Commission File Number: 001-34028

 

Delaware   51-0063696

(State or other jurisdiction

of incorporation)

  

(IRS Employer

Identification No.)

1025 Laurel Oak Road

Voorhees, NJ 08043

(Address of principal executive offices, including zip code)

(856) 346-8200

(Registrant’s telephone number, including area code)

 

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01. Other Events.

Each of American Water Works Company, Inc.’s and American Water Capital Corp.’s Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends for the fiscal years ended December 31, 2011, December 31, 2012, December 31, 2013, December 31, 2014 and December 31, 2015 and the nine months ended September 30, 2016, is attached hereto as Exhibit 99.1 hereto and is incorporated by reference into this Current Report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

The following exhibit has been filed herewith:

 

Exhibit
No.

   

Description of Exhibit

99.1    Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    AMERICAN WATER WORKS COMPANY, INC.
Dated: November 14, 2016     By:   /s/ MELISSA K. WIKLE
      Melissa K. Wikle
      Vice President and Controller

EXHIBIT INDEX

 

Exhibit
No.

   

Description of Exhibit

99.1*    Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends.

 

* Filed herewith.
EX-99.1 2 d278982dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

American Water Works Company, Inc.

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

(dollars in millions)

 

     2011      2012      2013      2014      2015      For the nine
months ended
September 30,
2016		  

Income from continuing operations before income taxes

    $ 502       $ 630       $ 608       $ 710       $ 782       $ 604   

Fixed Charges:

                  

Interest, dividend on mandatory redeemable preferred shares and amortization of debt discount and expenses and premium on all indebtedness

      322         317         315         305         316         247   

Interest factor in rentals

      11         10         8         7         7         6   

Interest costs from discontinued operations

      2         —           —           —           —           —     
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total fixed charges

      335         327         323         312         323         253   

Income from continuing operations plus fixed charges

      837         957         931         1,022         1,105         857   

Preferred dividend requirements

      —           —           —           —           —           —     

Ratio of pre-tax income to net income

      1.66         1.69         1.64         1.65         1.64         1.65   

Preferred dividend factor

      —           —           —           —           —           —     

Total fixed charges

      335         327         323         312         323         253   

Total fixed charges and preferred dividends

      335         327         323         312         323         253   

Ratio of earnings to combined fixed charges and preferred dividends

      2.50         2.93         2.88         3.27         3.42         3.39   

American Water Capital Corp.

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

(dollars in millions)

 

  
     2011      2012      2013      2014      2015      For the nine
months ended
September 30,
2016		  

Income (loss) before income taxes

    $ —         $ —         $ —         $ —         $ —         $ —     

Fixed Charges:

                  

Interest, dividend on mandatory redeemable preferred shares and amortization of debt discount and expenses and premium on all indebtedness

      212         214         226         215         229         184   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total fixed charges

      212         214         226         215         229         184   

Income (loss) plus fixed charges

      212         214         226         215         229         184   

Total fixed charges

      212         214         226         215         229         184   

Total fixed charges and preferred dividends (a)

      212         214         226         215         229         184   

Ratio of earnings to combined fixed charges and preferred dividends

      1.00         1.00         1.00         1.00         1.00         1.00   

 

(a) American Water Capital Corp. had no preferred stock outstanding for any period presented, and, accordingly, the ratio of earnings to combined fixed charges and preferred stock dividends is the same as the ratio of earnings to fixed charges.