EX-12.59 2 a20140930ex1259.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 2014.09.30 Ex 12.59


Exhibit 12-59

DTE Energy Company

Computation of Ratio of Earnings to Fixed Charges
 
Nine Months Ended
 
Year Ended December 31,
 
September 30, 2014
 
2013
 
2012
 
2011
 
2010
 
2009
 
(In millions)
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
$
826

 
$
904

 
$
1,035

 
$
989

 
$
968

 
$
778

Adjustments

 
(8
)
 
(4
)
 
6

 
1

 
4

Fixed charges
340

 
461

 
463

 
520

 
567

 
572

Net earnings
$
1,166

 
$
1,357

 
$
1,494

 
$
1,515

 
$
1,536

 
$
1,354

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense
$
319

 
$
432

 
$
441

 
$
490

 
$
543

 
$
545

Adjustments
21

 
29

 
22

 
30

 
24

 
27

Fixed charges
$
340

 
$
461

 
$
463

 
$
520

 
$
567

 
$
572

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.43

 
2.94

 
3.23

 
2.91

 
2.71
 
2.37