EX-12.67 2 a20160331ex1267.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - DTE ENERGY Exhibit


Exhibit 12.67

DTE Energy Company
Computation of Ratio of Earnings to Fixed Charges
 
Three Months Ended
 
Year Ended December 31,
 
March 31, 2016
 
2015
 
2014
 
2013
 
2012
 
2011
 
(In millions)
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
$
323

 
$
950

 
$
1,275

 
$
922

 
$
960

 
$
991

Adjustments
7

 
(3
)
 
(15
)
 
(26
)
 
71

 
4

Fixed charges
118

 
473

 
453

 
461

 
463

 
520

Net earnings
$
448

 
$
1,420

 
$
1,713

 
$
1,357

 
$
1,494

 
$
1,515

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense
$
112

 
$
446

 
$
424

 
$
432

 
$
441

 
$
490

Adjustments
6

 
27

 
29

 
29

 
22

 
30

Fixed charges
$
118

 
$
473

 
$
453

 
$
461

 
$
463

 
$
520

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.80

 
3.00

 
3.78

 
2.94

 
3.23

 
2.91