EX-12.A 3 nee-2q2017xex12a.htm EXHIBIT 12.A Exhibit


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, 2017
 
(millions of dollars)
Earnings, as defined:


Net income
$
2,395

Income taxes
964

Fixed charges included in the determination of net income, as below
839

Amortization of capitalized interest
19

Distributed income of equity method investees
63

Less equity in earnings of equity method investees
97

Total earnings, as defined
$
4,183

 
 
Fixed charges, as defined:
 
Interest expense
$
790

Rental interest factor
37

Allowance for borrowed funds used during construction
12

Fixed charges included in the determination of net income
839

Capitalized interest
44

Total fixed charges, as defined
$
883

 
 
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)
4.74

————————————
(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.