Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - KINDER MORGAN, INC. | kmi-03312018ex322.htm |
| EX-32.1 - EXHIBIT 32.1 - KINDER MORGAN, INC. | kmi-03312018ex321.htm |
| EX-31.2 - EXHIBIT 31.2 - KINDER MORGAN, INC. | kmi-03312018ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - KINDER MORGAN, INC. | kmi-03312018ex311.htm |
| EX-10.1 - EXHIBIT 10.1 - KINDER MORGAN, INC. | kmi-03312018ex101.htm |
| EX-4.1 - EXHIBIT 4.1 - KINDER MORGAN, INC. | kmi-03312018ex41.htm |
| 10-Q - 10-Q - KINDER MORGAN, INC. | kmi-03312018x10q.htm |
Exhibit 12.1
KINDER MORGAN, INC. AND SUBSIDIARIES
EXHIBIT 12.1 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions except ratio amounts)
Three Months Ended March 31, | |||||||
2018 | 2017 | ||||||
Earnings: | |||||||
Pre-tax income before adjustment for net income attributable to noncontrolling interests and earnings from equity investments (including amortization of excess cost of equity investments) per statements of income | $ | 518 | $ | 531 | |||
Add: | |||||||
Fixed charges | 505 | 495 | |||||
Amortization of capitalized interest | 3 | 3 | |||||
Distributed income of equity investees | 127 | 102 | |||||
Less: | |||||||
Interest capitalized from continuing operations | (18 | ) | (17 | ) | |||
Preference security dividend requirements of consolidated subsidiaries | (7 | ) | — | ||||
Noncontrolling interest in pre-tax income of subsidiaries with no fixed charges | (4 | ) | (6 | ) | |||
Income as adjusted | $ | 1,124 | $ | 1,108 | |||
Fixed charges: | |||||||
Interest and debt expense, net per statements of income (includes amortization of debt discount, premium, and debt issuance costs); also includes capitalized interest | $ | 486 | $ | 484 | |||
Add: | |||||||
Portion of rents representative of the interest factor | 12 | 11 | |||||
Preference security dividend requirements of consolidated subsidiaries | 7 | — | |||||
Fixed charges | $ | 505 | $ | 495 | |||
Ratio of earnings to fixed charges | 2.23 | 2.24 | |||||