EX-12 2 cehe_exhibit12x9302017.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,
 
2017
 
2016
 
(in millions, except ratios)
Net income
$
223

 
$
224

Income taxes
123

 
121

Capitalized interest
(5
)
 
(5
)
 
341

 
340

Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
155

 
164

Capitalized interest
5

 
5

Interest component of rentals charged to operating expense
—

 
—

Total fixed charges
160

 
169

 
 
 
 
Earnings, as defined
$
501

 
$
509

 
 
 
 
Ratio of earnings to fixed charges
3.13

 
3.01