EX-12.46 2 a2013630ex_1246.htm COMPUTATION OF RATIO TO FIXED EARNINGS 2013.6.30. Ex_12.46


 
 
 
 
 
 
 
Exhibit 12-46
 
 
 
 
 
 
 
 
 
               THE DTE ELECTRIC COMPANY
                       COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
 
 
 
 
 
Six Months Ended
 
Twelve Months Ended December 31
(Millions of Dollars)
 
June 30, 2013
 
2012
2011
2010
2009
2008
Earnings:
 
 
 
 
 
 
 
 
   Pretax earnings
 
$
312

 
$
761

$
702

$
707

$
604

$
517

   Fixed Charges
 
141

 
286

310

328

348

324

Net earnings
 
$
453

 
$
1,047

$
1,012

$
1,035

$
952

$
841

 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
    Interest expense
 
$
133

 
$
269

$
287

$
310

$
325

$
293

   Adjustments
 
8

 
17

23

18

23

31

Fixed Charges
 
$
141

 
$
286

$
310

$
328

$
348

$
324

 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
3.21

 
3.66

3.26

3.16

2.74

2.60