EX-12 2 cehe_exhibit12x9302016.htm EXHIBIT 12 Exhibit


Exhibit 12

CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES
(AN INDIRECT, WHOLLY-OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Nine Months Ended September 30,
 
2016
 
2015
 
(in millions, except ratios)
Net income
$
224

 
$
224

Income taxes
121

 
127

Capitalized interest
(5
)
 
(6
)
 
340

 
345

Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
164

 
168

Capitalized interest
5

 
6

Interest component of rentals charged to operating expense
—

 
—

Total fixed charges
169

 
174

 
 
 
 
Earnings, as defined
$
509

 
$
519

 
 
 
 
Ratio of earnings to fixed charges
3.01

 
2.98