EX-12.A 7 exhibit12a.htm EXHIBIT 12(A) exhibit12a.htm


Exhibit 12(a)


NEXTERA ENERGY, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS(a)


   
Six Months Ended
June 30, 2010
 
   
(millions of dollars)
 
Earnings, as defined:
       
Net income
   
$
973
   
Income taxes
     
291
   
Fixed charges included in the determination of net income, as below
     
507
   
Amortization of capitalized interest
     
11
   
Distributed income of equity method investees
     
21
   
Less:  Equity in earnings of equity method investees
     
23
   
Total earnings, as defined
   
$
1,780
   
             
Fixed charges, as defined:
           
Interest expense
   
$
485
   
Rental interest factor
     
16
   
Allowance for borrowed funds used during construction
     
6
   
Fixed charges included in the determination of net income
     
507
   
Capitalized interest
     
29
   
Total fixed charges, as defined
   
$
536
   
             
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends (a)
     
3.32
   
¾¾¾¾¾¾¾¾¾¾
(a)
NextEra Energy, Inc. has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends.