Attached files
file | filename |
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EX-5.1 - EX-5.1 - MPLX LP | d345348dex51.htm |
EX-4.2 - EX-4.2 - MPLX LP | d345348dex42.htm |
EX-4.1 - EX-4.1 - MPLX LP | d345348dex41.htm |
EX-1.1 - EX-1.1 - MPLX LP | d345348dex11.htm |
8-K - 8-K - MPLX LP | d345348d8k.htm |
Exhibit 12.1
MPLX LP
Computation of Ratio of Earnings to Fixed Charges
TOTAL ENTERPRISE BASIS - Unaudited
(In millions)
For the Nine Months Ended |
For the Years Ended December 31, | |||||||||||||||||||||||
September 30, 2016 |
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||
Portion of rentals representing interest |
$ | 12 | $ | 7 | $ | 6 | $ | 6 | $ | 5 | $ | 2 | ||||||||||||
Capitalized interest |
21 | 5 | 1 | 1 | 1 | 1 | ||||||||||||||||||
Other interest and fixed charges |
191 | 40 | 4 | | | | ||||||||||||||||||
Preference security dividend requirements |
28 | | | | | | ||||||||||||||||||
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Total fixed charges (A) |
$ | 252 | $ | 52 | $ | 11 | $ | 7 | $ | 6 | $ | 3 | ||||||||||||
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Earnings-pretax income with applicable adjustments (B) |
$ | 502 | $ | 310 | $ | 252 | $ | 220 | $ | 211 | $ | 166 | ||||||||||||
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Ratio of (B) to (A) |
2.0 | 6.0 | 22.9 | 31.4 | 35.2 | 55.3 | ||||||||||||||||||
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