EX-12.A 5 ex12a2q2012.htm EXHIBIT 12(A) EX.12a 2Q2012


Exhibit 12(a)


NEXTERA ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS(a) 


 
Six Months Ended
June 30, 2012
 
(millions of dollars)
Earnings, as defined:
 
Net income
$
1,068

Income taxes
399

Fixed charges included in the determination of net income, as below
574

Amortization of capitalized interest
12

Distributed income of equity method investees
15

Less:  Equity in earnings of equity method investees
1

Total earnings, as defined
$
2,067

 
 
Fixed charges, as defined:
 
Interest expense
$
536

Rental interest factor
23

Allowance for borrowed funds used during construction
15

Fixed charges included in the determination of net income
574

Capitalized interest
60

Total fixed charges, as defined
$
634

 
 
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)
3.26

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(a)
NextEra Energy, Inc. has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends.