EX-12.49 2 a20140331ex_1249.htm COMPUTATION OF RATIO TO FIXED EARNINGS 2014.03.31. Ex_12.49


 
 
 
 
 
 
 
Exhibit 12-49
 
 
 
 
 
 
 
 
 
                DTE Electric Company
                       Computation of Ratio of Earnings to Fixed Charges
 
 
 
 
 
 
 
Three Months Ended
 
Year Ended December 31,
(Millions of Dollars)
 
March 31, 2014
 
2013
2012
2011
2010
2009
Earnings:
 
 
 
 
 
 
 
 
   Pretax earnings
 
$
211

 
$
734

$
761

$
702

$
707

$
604

   Fixed Charges
 
67

 
281

286

310

328

348

Net earnings
 
$
278

 
$
1,015

$
1,047

$
1,012

$
1,035

$
952

 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
    Interest expense
 
$
62

 
$
264

$
269

$
287

$
310

$
325

   Adjustments
 
5

 
17

17

23

18

23

Fixed Charges
 
$
67

 
$
281

$
286

$
310

$
328

$
348

 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
4.15

 
3.61

3.66

3.26

3.16

2.74