Attached files
file | filename |
---|---|
EX-32.2 - EXHIBIT 32.2 - Energy Transfer LP | ete-06302017ex322.htm |
EX-32.1 - EXHIBIT 32.1 - Energy Transfer LP | ete-06302017ex321.htm |
EX-31.2 - EXHIBIT 31.2 - Energy Transfer LP | ete-06302017ex312.htm |
EX-31.1 - EXHIBIT 31.1 - Energy Transfer LP | ete-06302017ex311.htm |
10-Q - 10-Q - Energy Transfer LP | ete06-30x201710xq.htm |
Exhibit 12.1
ENERGY TRANSFER EQUITY, L.P.
Computation of Ratio of Earnings to Fixed Charges
(in millions, except for ratio amounts)
(Unaudited)
Six months ended | |||
June 30, 2017 | |||
Fixed Charges: | |||
Interest expense, net | $ | 975 | |
Capitalized interest | 105 | ||
Interest charges included in rental expense | 5 | ||
Total fixed charges | 1,085 | ||
Earnings: | |||
Loss before income tax expense and noncontrolling interest | 737 | ||
Less: equity in earnings of unconsolidated affiliates | 136 | ||
Total earnings | 601 | ||
Add: | |||
Fixed charges | 1,085 | ||
Amortization of capitalized interest | 10 | ||
Distributed income of equity investees | 125 | ||
Less: | |||
Interest capitalized | (105 | ) | |
Income available for fixed charges | $ | 1,716 | |
Ratio of earnings to fixed charges | 1.58 |