Attached files
file | filename |
---|---|
10-Q - 10-Q - WILLIAMS PARTNERS L.P. | wpz_20180630x10q.htm |
EX-32 - EX-32 - WILLIAMS PARTNERS L.P. | wpz_20180630xex32.htm |
EX-31.2 - EX-31.2 - WILLIAMS PARTNERS L.P. | wpz_20180630xex312.htm |
EX-31.1 - EX-31.1 - WILLIAMS PARTNERS L.P. | wpz_20180630xex311.htm |
Exhibit 12
Williams Partners L.P.
Computation of Ratio of Earnings to Fixed Charges
Six Months Ended | |||
June 30, 2018 | |||
(Millions) | |||
Earnings: | |||
Income (loss) before income taxes | $ | 833 | |
Less: Equity earnings | (174 | ) | |
Income (loss) before income taxes and equity earnings | 659 | ||
Add: | |||
Fixed charges: | |||
Interest incurred | 442 | ||
Rental expense representative of interest factor | 7 | ||
Total fixed charges | 449 | ||
Distributed income of equity-method investees | 316 | ||
Less: | |||
Interest capitalized | (22 | ) | |
Total earnings as adjusted | $ | 1,402 | |
Fixed charges | $ | 449 | |
Ratio of earnings to fixed charges | 3.12 |