Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - PHILLIPS 66 PARTNERS LP | Financial_Report.xls |
EX-31.2 - EXHIBIT 31.2 - PHILLIPS 66 PARTNERS LP | mlp-2014930_exhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - PHILLIPS 66 PARTNERS LP | mlp-2014930_exhibit311.htm |
10-Q - 10-Q - PHILLIPS 66 PARTNERS LP | mlp-2014930_10q.htm |
EX-32 - EXHIBIT 32 - PHILLIPS 66 PARTNERS LP | mlp-2014930_exhibit32.htm |
Exhibit 12
PHILLIPS 66 PARTNERS LP
Computation of Ratio of Earnings to Fixed Charges
Millions of Dollars | ||||||||||||
Nine Months Ended | ||||||||||||
September 30 | Years Ended December 31 | |||||||||||
2014 | 2013 | 2012 | 2011 | |||||||||
Earnings Available for Fixed Charges | ||||||||||||
Income before income tax | $ | 90.1 | 100.2 | 61.4 | 63.5 | |||||||
Fixed charges, excluding capitalized interest | 3.2 | 0.3 | — | — | ||||||||
$ | 93.3 | 100.5 | 61.4 | 63.5 | ||||||||
Fixed Charges | ||||||||||||
Interest and expense on indebtedness, excluding capitalized interest | $ | 3.2 | 0.3 | — | — | |||||||
$ | 3.2 | 0.3 | — | — | ||||||||
Ratio of Earnings to Fixed Charges | 29.2 | 335.0 | N/A | N/A |