EX-12.A 7 nee-06302013xex12a.htm EXHIBIT 12(A) NEE-06302013-EX.12a


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, 2013
 
(millions of dollars)
Earnings, as defined:
 
Income from continuing operations
$
695

Income taxes
379

Fixed charges included in the determination of net income, as below
575

Amortization of capitalized interest
16

Distributed income of equity method investees
10

Less:  Equity in earnings of equity method investees
5

Total earnings, as defined
$
1,670

 
 
Fixed charges, as defined:
 
Interest expense
$
537

Rental interest factor
22

Allowance for borrowed funds used during construction
16

Fixed charges included in the determination of net income
575

Capitalized interest
77

Total fixed charges, as defined
$
652

 
 
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)
2.56

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(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.