Attached files
file | filename |
---|---|
10-Q - 10-Q - WILLIAMS PARTNERS L.P. | wpz_20160630x10q.htm |
EX-32 - EX-32 - WILLIAMS PARTNERS L.P. | wpz_20160630xex32.htm |
EX-31.2 - EX-31.2 - WILLIAMS PARTNERS L.P. | wpz_20160630xex312.htm |
EX-31.1 - EX-31.1 - WILLIAMS PARTNERS L.P. | wpz_20160630xex311.htm |
EX-3.17 - EX-3.17 - WILLIAMS PARTNERS L.P. | wpz_20160630xex317.htm |
Exhibit 12
Williams Partners L.P.
Computation of Ratio of Earnings to Fixed Charges
Six Months Ended | |||
June 30, 2016 | |||
(Millions) | |||
Earnings: | |||
Income (loss) before income taxes | $ | (77 | ) |
Less: Equity earnings | (198 | ) | |
Income (loss) before income taxes and equity earnings | (275 | ) | |
Add: | |||
Fixed charges: | |||
Interest incurred | 479 | ||
Rental expense representative of interest factor | 4 | ||
Total fixed charges | 483 | ||
Distributed income of equity-method investees | 383 | ||
Less: | |||
Interest capitalized | (19 | ) | |
Total earnings as adjusted | $ | 572 | |
Fixed charges | $ | 483 | |
Ratio of earnings to fixed charges | 1.18 |