DTE Energy 2015 Annual Report Download - page 165
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Exhibit 12.65
DTE Energy Company
Computation of Ratio of Earnings to Fixed Charges
Year Ended December 31,
2015
2014
2013
2012
2011
(In millions)
Earnings:
Pretax earnings $ 950
$ 1,275
$ 922
$ 960
$ 991
Adjustments (3)
(15)
(26)
71
4
Fixed charges 473
453
461
463
520
Net earnings $ 1,420
$ 1,713
$ 1,357
$ 1,494
$ 1,515
Fixed Charges:
Interest expense $ 446
$ 424
$ 432
$ 441
$ 490
Adjustments 27
29
29
22
30
Fixed charges $ 473
$ 453
$ 461
$ 463
$ 520
Ratio of earnings to fixed charges 3.00
3.78
2.94
3.23
2.91