Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - Energy Transfer LP | ete-03312017ex322.htm |
| EX-32.1 - EXHIBIT 32.1 - Energy Transfer LP | ete-03312017ex321.htm |
| EX-31.2 - EXHIBIT 31.2 - Energy Transfer LP | ete-03312017ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - Energy Transfer LP | ete-03312017ex311.htm |
| 10-Q - 10-Q - Energy Transfer LP | ete03-31x201710xq.htm |
Exhibit 12.1
ENERGY TRANSFER EQUITY, L.P.
Computation of Ratio of Earnings to Fixed Charges
(in millions, except for ratio amounts)
(Unaudited)
Three months ended | |||
March 31, 2017 | |||
Fixed Charges: | |||
Interest expense, net | $ | 486 | |
Capitalized interest | 53 | ||
Interest charges included in rental expense | 5 | ||
Total fixed charges | 544 | ||
Earnings: | |||
Income before income tax expense and noncontrolling interest | 325 | ||
Less: equity in earnings of unconsolidated affiliates | 87 | ||
Total earnings | 238 | ||
Add: | |||
Fixed charges | 544 | ||
Amortization of capitalized interest | 5 | ||
Distributed income of equity investees | 46 | ||
Less: | |||
Interest capitalized | (53 | ) | |
Income available for fixed charges | $ | 780 | |
Ratio of earnings to fixed charges | 1.43 | ||