Attached files
file | filename |
---|---|
EX-32.2 - EXHIBIT 32.2 - Energy Transfer Operating, L.P. | etp06-30x2017ex322.htm |
EX-32.1 - EXHIBIT 32.1 - Energy Transfer Operating, L.P. | etp06-30x2017ex321.htm |
EX-31.2 - EXHIBIT 31.2 - Energy Transfer Operating, L.P. | etp06-30x2017ex312.htm |
EX-31.1 - EXHIBIT 31.1 - Energy Transfer Operating, L.P. | etp06-30x2017ex311.htm |
10-Q - 10-Q - Energy Transfer Operating, L.P. | etp06-30x201710xq.htm |
Exhibit 12.1
ENERGY TRANSFER PARTNERS, L.P. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except for ratio amounts)
(Unaudited)
Six months ended | |||
June 30, 2017 | |||
Fixed Charges: | |||
Interest expense, net | $ | 685 | |
Capitalized interest | 105 | ||
Interest charges included in rental expense | 4 | ||
Total fixed charges | 794 | ||
Earnings: | |||
Income before income tax expense and noncontrolling interest | 790 | ||
Less: equity in earnings of unconsolidated affiliates | 12 | ||
Total earnings | 778 | ||
Add: | |||
Fixed charges | 794 | ||
Amortization of capitalized interest | 10 | ||
Distributed income of equity investees | 197 | ||
Less: | |||
Interest capitalized | (105 | ) | |
Income available for fixed charges | $ | 1,674 | |
Ratio of earnings to fixed charges | 2.11 |