EX-12.51 2 a20140930ex_1251.htm COMPUTATION OF RATIO TO FIXED EARNINGS 2014.09.30. Ex_12.51


Exhibit 12-51

DTE Electric 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
$
623

 
$
734

 
$
761

 
$
702

 
$
707

 
$
604

   Fixed charges
202

 
281

 
286

 
310

 
328

 
348

Net earnings
$
825

 
$
1,015

 
$
1,047

 
$
1,012

 
$
1,035

 
$
952

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
    Interest expense
$
186

 
$
264

 
$
269

 
$
287

 
$
310

 
$
325

   Adjustments
16

 
17

 
17

 
23

 
18

 
23

Fixed charges
$
202

 
$
281

 
$
286

 
$
310

 
$
328

 
$
348

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
4.08

 
3.61

 
3.66

 
3.26

 
3.16

 
2.74