EX-12.42 2 exhibit12-42.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12-42


Exhibit 12-42
THE DETROIT EDISON COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
Twelve Months Ended December 31
(Millions of Dollars)
2011
 
2010
 
2009
 
2008
 
2007
Earnings:
 
 
 
 
 
 
 
 
 
Pretax earnings
702

 
707

 
604

 
517

 
466

Fixed Charges
297

 
328

 
348

 
324

 
319

Net earnings
999

 
1,035

 
952

 
841

 
785

 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
   Interest expense
287

 
310

 
325

 
293

 
294

Adjustments
10

 
18

 
23

 
31

 
25

Fixed Charges
297

 
328

 
348

 
324

 
319

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.36

 
3.16

 
2.74

 
2.60

 
2.46