EX-12 11 cnp_exhibit12x3312018.htm EXHIBIT 12 Exhibit


Exhibit 12


CENTERPOINT ENERGY, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Three Months Ended March 31,
 
2018
 
2017
 
(in millions, except ratios)
Net income
$
165

 
$
192

Equity in earnings of unconsolidated affiliates, net of distributions
5

 
2

Income tax expense
47

 
107

Capitalized interest
(2
)
 
(2
)
 
215

 
299

 
 
 
 
Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
94

 
98

Capitalized interest
2

 
2

Interest component of rentals charged to operating expense
1

 
1

Total fixed charges
97

 
101

 
 
 
 
Earnings, as defined
$
312

 
$
400

 
 
 
 
Ratio of earnings to fixed charges
3.22

 
3.96