EX-12.(A) 2 nee-06302015xex12a.htm EXHIBIT 12.(A) NEE-06302015-EX.12(a)


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, 2015
 
   (millions of dollars)
Earnings, as defined:
 
Net income
$
1,371

Income taxes
560

Fixed charges included in the determination of net income, as below
637

Amortization of capitalized interest
20

Distributed income of equity method investees
24

Less:  Equity in earnings of equity method investees
36

Total earnings, as defined
$
2,576

 
 
Fixed charges, as defined:
 
Interest expense
$
601

Rental interest factor
28

Allowance for borrowed funds used during construction
8

Fixed charges included in the determination of net income
637

Capitalized interest
44

Total fixed charges, as defined
$
681

 
 
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)
3.78

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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.