EX-12 2 cehe_exhibit12x6302017.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

 
Six Months Ended June 30,
 
2017
 
2016
 
(in millions, except ratios)
Net income
$
93

 
$
88

Income taxes
52

 
49

Capitalized interest
(3
)
 
(3
)
 
142

 
134

Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
105

 
109

Capitalized interest
3

 
3

Interest component of rentals charged to operating expense
—

 
—

Total fixed charges
108

 
112

 
 
 
 
Earnings, as defined
$
250

 
$
246

 
 
 
 
Ratio of earnings to fixed charges
2.31

 
2.20