EX-12 2 d29748exv12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12
 

Exhibit 12
The Williams Companies, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
         
    Nine months ended  
    September 30, 2005  
Earnings:
        
Income from continuing operations before income taxes
   $ 417.2  
Minority interest in income of consolidated subsidiaries
     16.8  
Less: Equity earnings
     (45.1 )
 
      
 
        
Income from continuing operations before income taxes, minority interest in income of consolidated subsidiaries and equity earnings
     388.9  
 
        
Add:
        
Fixed charges:
        
Interest accrued, including proportionate share from equity-method investees
     513.4  
Rental expense representative of interest factor
     15.0  
 
      
Total fixed charges
     528.4  
 
        
Distributed income of equity investees
     68.1  
 
        
Less:
        
Capitalized interest
     (4.3 )
 
      
 
        
Total earnings as adjusted
   $ 981.1  
 
      
 
        
Fixed charges
   $ 528.4  
 
      
 
        
Ratio of earnings to fixed charges
     1.86  
 
      

 

 

SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
     
 
  THE WILLIAMS COMPANIES, INC.
 
   
 
  (Registrant)
 
    
 
  /s/ Ted T. Timmermans
 
   
 
  Ted T. Timmermans
 
  Controller (Duly Authorized Officer and Principal
 
  Accounting Officer)
November 3, 2005