EX-12.A 2 nee-09302013xex12a.htm EXHIBIT 12(A) NEE-09302013-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) 


 
Nine Months Ended
September 30, 2013
 
(millions of dollars)
Earnings, as defined:
 
Income from continuing operations
$
1,393

Income taxes
677

Fixed charges included in the determination of net income, as below
880

Amortization of capitalized interest
25

Distributed income of equity method investees
20

Less:  Equity in earnings of equity method investees
27

Total earnings, as defined
$
2,968

 
 
Fixed charges, as defined:
 
Interest expense
$
825

Rental interest factor
34

Allowance for borrowed funds used during construction
21

Fixed charges included in the determination of net income
880

Capitalized interest
108

Total fixed charges, as defined
$
988

 
 
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)
3.00

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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.