EX-12.70 8 a20160630ex1270.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - DTE ELECTRIC Exhibit


Exhibit 12.70

DTE Electric Company
Computation of Ratio of Earnings to Fixed Charges
 
Six Months Ended
 
Year Ended December 31,
 
June 30, 2016
 
2015
 
2014
 
2013
 
2012
 
2011
 
(In millions)
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
$
408

 
$
836

 
$
830

 
$
741

 
$
768

 
$
704

Adjustments
(4
)
 
(11
)
 
(11
)
 
(7
)
 
(7
)
 
(2
)
Fixed charges
138

 
277

 
267

 
281

 
286

 
310

Net earnings
$
542

 
$
1,102

 
$
1,086

 
$
1,015

 
$
1,047

 
$
1,012

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense
$
129

 
$
255

 
$
247

 
$
264

 
$
269

 
$
287

Adjustments
9

 
22

 
20

 
17

 
17

 
23

Fixed charges
$
138

 
$
277

 
$
267

 
$
281

 
$
286

 
$
310

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.93

 
3.98

 
4.07

 
3.61

 
3.66

 
3.26