Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - El Paso Pipeline Partners, L.P.Financial_Report.xls
10-Q - FORM 10-Q - El Paso Pipeline Partners, L.P.epb-2012930x10q.htm
EX-31.1 - SECTION 302 CEO CERTIFICATION - El Paso Pipeline Partners, L.P.epb-2012930ex311.htm
EX-32.2 - SECTION 906 CFO CERTIFICATION - El Paso Pipeline Partners, L.P.epb-2012930ex322.htm
EX-32.1 - SECTION 906 CEO CERTIFICATION - El Paso Pipeline Partners, L.P.epb-2012930ex321.htm
EX-31.2 - SECTION 302 CFO CERTIFICATION - El Paso Pipeline Partners, L.P.epb-2012930ex312.htm


 
 
 
Exhibit 12
 
 
 
 
EL PASO PIPELINE PARTNERS, L.P.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
 
 
 
Nine Months Ended September 30,
 
2012
 
2011
 
(In millions, except for ratio)
Earnings
 
Income before income taxes
411

 
460

Income from equity investees
(11
)
 
(12
)
Income before income taxes before adjustment for income from equity investees
400

 
448

Fixed charges
221

 
198

Distributed income of equity investees
10

 
10

Allowance for funds used during construction
(1
)
 
(2
)
Total earnings available for fixed charges
630

 
654



 

Fixed charges

 

Interest and debt expense
219

 
196

Interest component of rent
2

 
2

Total fixed charges
221

 
198




 


Ratio of earnings to fixed charges
2.9

 
3.3


For purposes of computing these ratios, earnings means income before income taxes before:
income from equity investees, adjusted to reflect actual distributions from equity investments; and
fixed charges;
less
allowance for funds used during construction
Fixed charges means the sum of the following:
interest costs;
amortization of debt costs; and
that portion of rental expense which we believe represents an interest factor.