EX-12.A 6 nee-q12018xex12a.htm EXHIBIT 12.A Exhibit


Exhibit 12(a)


NEXTERA ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS(a) 


 
Three Months Ended
March 31, 2018
 
(millions of dollars)
Earnings, as defined:


Net income
$
3,831.1

Income taxes
1,248.9

Fixed charges included in the determination of net income, as below
247.9

Amortization of capitalized interest
7.8

Distributed income of equity method investees
84.4

Less equity in earnings of equity method investees
197.1

Total earnings, as defined
$
5,223.0

 
 
Fixed charges, as defined:
 
Interest expense
$
226.0

Rental interest factor
15.8

Allowance for borrowed funds used during construction
6.1

Fixed charges included in the determination of net income
247.9

Capitalized interest
16.8

Total fixed charges, as defined
$
264.7

 
 
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)
19.73

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(a)
NextEra Energy, Inc. has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends.