EX-12.83 2 a20180331ex1283.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - DTE ENERGY Exhibit


Exhibit 12.83

DTE Energy Company
Computation of Ratio of Earnings to Fixed Charges
 
Three Months Ended
 
Year Ended December 31,
 
March 31, 2018
 
2017
 
2016
 
2015
 
2014
 
2013
 
(In millions)
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
$
419

 
$
1,287

 
$
1,105

 
$
950

 
$
1,275

 
$
922

Adjustments to earnings(a)
—

 
(19
)
 
23

 
(3
)
 
(15
)
 
(26
)
Fixed charges
142

 
561

 
493

 
473

 
453

 
461

Net earnings
$
561

 
$
1,829

 
$
1,621

 
$
1,420

 
$
1,713

 
$
1,357

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense(b)
$
134

 
$
531

 
$
468

 
$
446

 
$
424

 
$
432

Adjustments to fixed charges(c)
8

 
30

 
25

 
27

 
29

 
29

Fixed charges
$
142

 
$
561

 
$
493

 
$
473

 
$
453

 
$
461

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.95

 
3.26

 
3.29

 
3.00

 
3.78

 
2.94

_______________________________________
(a)
Adjustments include the removal of the impact of earnings from non-consolidated entities and the inclusion of capitalized interest costs.
(b)
Includes interest on uncertain positions.
(c)
Adjustments include the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined and capitalized interest costs.