EX-12.55 3 a2013930ex1255.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 2013.9.30 Ex 12.55


Exhibit 12-55
DTE Energy Company
Computation of Ratio of Earnings to Fixed Charges
 
 
 
 
 
Nine Months Ended
 
Twelve Months Ended December 31
(Millions of Dollars)
September 30, 2013
 
2012
 
2011
 
2010
 
2009
 
2008
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
$
753

 
$
1,035

 
$
989

 
$
968

 
$
778

 
$
518

Adjustments
(10
)
 
(4
)
 
6

 
1

 
4

 
(3
)
Fixed Charges
346

 
463

 
520

 
567

 
572

 
540

Net earnings
$
1,089

 
$
1,494

 
$
1,515

 
$
1,536

 
$
1,354

 
$
1,055

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense
$
323

 
$
441

 
$
490

 
$
543

 
$
545

 
$
503

Adjustments
23

 
22

 
30

 
24

 
27

 
37

Fixed Charges
$
346

 
$
463

 
$
520

 
$
567

 
$
572

 
$
540

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.15

 
3.23

 
2.91

 
2.71

 
2.37
 
1.95