EX-12.1 2 cnp_exhibit121x6302018.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1


CENTERPOINT ENERGY, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Six Months Ended June 30,
 
2018
 
2017
 
(in millions, except ratios)
Net income
$
90

 
$
327

Equity in earnings of unconsolidated affiliates, net of distributions
21

 
18

Income tax expense
34

 
183

Capitalized interest
(4
)
 
(4
)
 
141

 
524

 
 
 
 
Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
199

 
195

Capitalized interest
4

 
4

Interest component of rentals charged to operating expense
1

 
2

Total fixed charges
204

 
201

 
 
 
 
Earnings, as defined
$
345

 
$
725

 
 
 
 
Ratio of earnings to fixed charges
1.69

 
3.61