EX-12.1 13 k48247exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
DTE ENERGY COMPANY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND
RATIOS OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
                                                 
    Six Months Ended     Twelve Months Ended December 31  
(Millions of Dollars)   June 30, 2009     2008     2007     2006     2005     2004  
Earnings:
                                                
Pretax earnings
   $ 387     $ 819     $ 1,155     $ 536     $ 415     $ 389  
Adjustments
     7       (3 )     (4 )     (4 )     5       2  
Fixed charges
     277       540       562       558       546       544  
 
                                    
Net earnings
   $ 671     $ 1,356     $ 1,713     $ 1,090     $ 966     $ 935  
 
                                    
 
                                                
Fixed charges:
                                                
Interest expense
   $ 266     $ 503     $ 533     $ 525     $ 518     $ 516  
Adjustments
     11       37       29       33       28       28  
 
                                    
Fixed charges
   $ 277     $ 540     $ 562     $ 558     $ 546     $ 544  
 
                                    
 
                                                
Ratio of earnings to fixed charges and ratios of earnings to combined fixed charges and preferred stock dividends (1)
     2.42       2.51       3.05       1.95       1.77       1.72  
 
                                    
 
(1)   DTE Energy had no preferred stock outstanding during the periods indicated; therefore, the ratio of earnings to combined fixed charges and preferred stock dividends is the same as the ratio of earnings to fixed charges for each period.