EX-12.65 6 a20151231ex1265.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - DTE ENERGY Exhibit


Exhibit 12.65

DTE Energy Company
Computation of Ratio of Earnings to Fixed Charges
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
2012
 
2011
 
(In millions)
Earnings:
 
 
 
 
 
 
 
 
 
Pretax earnings
$
950

 
$
1,275

 
$
922

 
$
960

 
$
991

Adjustments
(3
)
 
(15
)
 
(26
)
 
71

 
4

Fixed charges
473

 
453

 
461

 
463

 
520

Net earnings
$
1,420

 
$
1,713

 
$
1,357

 
$
1,494

 
$
1,515

 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
   Interest expense
$
446

 
$
424

 
$
432

 
$
441

 
$
490

Adjustments
27

 
29

 
29

 
22

 
30

Fixed charges
$
473

 
$
453

 
$
461

 
$
463

 
$
520

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.00

 
3.78

 
2.94

 
3.23

 
2.91