EX-12 7 fe-3312012xex12.htm EX-12 FE-3.31.2012-EX12
EXHIBIT 12

FIRSTENERGY CORP.
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
 
Three Months
Ended March 31
 
2012
 
2011
 
(Dollars in millions)
EARNINGS AS DEFINED IN REGULATION S-K:
 
 
 
Income before extraordinary items
$
306

 
$
47

Interest and other charges, before reduction for amounts capitalized and deferred
246

 
231

Provision for income taxes
222

 
111

Interest element of rentals charged to income (1)
36

 
36

Earnings as defined
$
810

 
$
425

FIXED CHARGES AS DEFINED IN REGULATION S-K:
 
 
 
Interest before reduction for amounts capitalized and deferred
$
246

 
$
231

Interest element of rentals charged to income (1)
36

 
36

Fixed charges as defined
$
282

 
$
267

CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
2.87

 
1.59

(1) 
Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined.