EX-12.57 3 a20140331ex1257.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 2014.03.31 Ex 12.57


Exhibit 12-57
DTE Energy Company
Computation of Ratio of Earnings to Fixed Charges
 
 
 
 
 
Three Months Ended
 
Year Ended December 31,
(Millions of Dollars)
March 31, 2014
 
2013
 
2012
 
2011
 
2010
 
2009
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
$
481

 
$
904

 
$
1,035

 
$
989

 
$
968

 
$
778

Adjustments
(2
)
 
(8
)
 
(4
)
 
6

 
1

 
4

Fixed Charges
116

 
461

 
463

 
520

 
567

 
572

Net earnings
$
595

 
$
1,357

 
$
1,494

 
$
1,515

 
$
1,536

 
$
1,354

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense
$
109

 
$
432

 
$
441

 
$
490

 
$
543

 
$
545

Adjustments
7

 
29

 
22

 
30

 
24

 
27

Fixed Charges
$
116

 
$
461

 
$
463

 
$
520

 
$
567

 
$
572

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
5.13

 
2.94

 
3.23

 
2.91

 
2.71
 
2.37