Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - WILLIAMS COMPANIES, INC. | c57813e10vq.htm |
| EX-32 - EX-32 - WILLIAMS COMPANIES, INC. | c57813exv32.htm |
| EX-31.2 - EX-31.2 - WILLIAMS COMPANIES, INC. | c57813exv31w2.htm |
| EX-31.1 - EX-31.1 - WILLIAMS COMPANIES, INC. | c57813exv31w1.htm |
| EXCEL - IDEA: XBRL DOCUMENT - WILLIAMS COMPANIES, INC. | Financial_Report.xls |
Exhibit 12
The Williams Companies, Inc.
Computation of Ratio of Earnings to Fixed Charges
Computation of Ratio of Earnings to Fixed Charges
| Three months ended | ||||
| March 31, 2010 | ||||
| (Millions) | ||||
Earnings: |
||||
Loss from continuing operations before income taxes |
$ | (243 | ) | |
Less: Equity earnings, excluding proportionate share from 50% owned
investees and unconsolidated majority-owned investees |
(12 | ) | ||
Loss from continuing operations before income taxes and equity earnings |
(255 | ) | ||
Add: |
||||
Fixed charges: |
||||
Interest accrued, including proportionate share from 50% owned
investees and unconsolidated majority-owned investees (a) |
173 | |||
Rental expense representative of interest factor |
3 | |||
Total fixed charges |
176 | |||
Distributed income of equity-method investees, excluding proportionate
share from 50% owned investees and unconsolidated majority-owned
investees |
11 | |||
Less: |
||||
Capitalized interest |
(17 | ) | ||
Total earnings as adjusted |
$ | (85 | ) | |
Fixed charges |
$ | 176 | ||
Ratio of earnings to fixed charges |
(b | ) | ||
| (a) | Does not include interest related to income taxes, including interest related to liabilities for uncertain tax positions, which is included in provision (benefit) for income taxes in our Consolidated Statement of Operations. | |
| (b) | Earnings are inadequate to cover fixed charges by $261 million. |