EX-12.76 4 a20170331ex1276.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - DTE ELECTRIC Exhibit


Exhibit 12.76

DTE Electric Company
Computation of Ratio of Earnings to Fixed Charges
 
Three Months Ended
 
Year Ended December 31,
 
March 31, 2017
 
2016
 
2015
 
2014
 
2013
 
2012
 
(In millions)
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
$
163

 
$
975

 
$
836

 
$
830

 
$
741

 
$
768

Adjustments
(3
)
 
(8
)
 
(11
)
 
(11
)
 
(7
)
 
(7
)
Fixed charges
70

 
278

 
277

 
267

 
281

 
286

Net earnings
$
230

 
$
1,245

 
$
1,102

 
$
1,086

 
$
1,015

 
$
1,047

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense
$
65

 
$
261

 
$
255

 
$
247

 
$
264

 
$
269

Adjustments
5

 
17

 
22

 
20

 
17

 
17

Fixed charges
$
70

 
$
278

 
$
277

 
$
267

 
$
281

 
$
286

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.29

 
4.48

 
3.98

 
4.07

 
3.61

 
3.66