Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - WILLIAMS COMPANIES, INC. | wmb_20160930x10q.htm |
| EX-32 - EX-32 - WILLIAMS COMPANIES, INC. | wmb_20160930xex32.htm |
| EX-31.2 - EX-31.2 - WILLIAMS COMPANIES, INC. | wmb_20160930xex312.htm |
| EX-31.1 - EX-31.1 - WILLIAMS COMPANIES, INC. | wmb_20160930xex311.htm |
Exhibit 12
The Williams Companies, Inc.
Computation of Ratio of Earnings to Fixed Charges
Nine Months Ended | |||
September 30, 2016 | |||
(Millions) | |||
Earnings: | |||
Income (loss) before income taxes | $ | (461 | ) |
Less: Equity earnings | (302 | ) | |
Income (loss) before income taxes and equity earnings | (763 | ) | |
Add: | |||
Fixed charges: | |||
Interest incurred (1) | 916 | ||
Rental expense representative of interest factor | 8 | ||
Total fixed charges | 924 | ||
Distributed income of equity-method investees | 536 | ||
Less: | |||
Interest capitalized | (30 | ) | |
Total earnings as adjusted | $ | 667 | |
Fixed charges | $ | 924 | |
Ratio of earnings to fixed charges | 0.72 | ||
(1) | 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. |