EX-12.66 7 a20151231ex1266.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - DTE ELECTRIC Exhibit


Exhibit 12.66

DTE Electric Company
Computation of Ratio of Earnings to Fixed Charges
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
2012
 
2011
 
(In millions)
Earnings:
 
 
 
 
 
 
 
 
 
Pretax earnings
$
836

 
$
830

 
$
741

 
$
768

 
$
704

Adjustments
(11
)
 
(11
)
 
(7
)
 
(7
)
 
(2
)
Fixed charges
277

 
267

 
281

 
286

 
310

Net earnings
$
1,102

 
$
1,086

 
$
1,015

 
$
1,047

 
$
1,012

 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
   Interest expense
$
255

 
$
247

 
$
264

 
$
269

 
$
287

Adjustments
22

 
20

 
17

 
17

 
23

Fixed charges
$
277

 
$
267

 
$
281

 
$
286

 
$
310

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.98

 
4.07

 
3.61

 
3.66

 
3.26