EX-12 2 c63708exv12.htm EX-12 exv12
Exhibit 12
Williams Partners L.P.
Computation of Ratio of Earnings to Fixed Charges
         
    Three months ended  
    March 31, 2011  
    (Millions)  
Earnings:
       
Net Income
  $ 307  
Less: Equity earnings, excluding proportionate share from 50% owned investees and unconsolidated majority-owned investees
    (15 )
 
     
 
       
Net income before equity earnings
    292  
 
       
Add:
       
Fixed charges:
       
Interest accrued, including proportionate share from 50% owned investees and unconsolidated majority-owned investees
    108  
Rental expense representative of interest factor
    2  
 
     
Total fixed charges
    110  
 
       
Distributed income of equity-method investees, excluding proportionate share from 50% owned investees and unconsolidated majority-owned investees
    17  
 
       
Less:
       
Capitalized interest
    (2 )
 
     
 
       
Total earnings as adjusted
  $ 417  
 
     
 
       
Fixed charges
  $ 110  
 
     
 
       
Ratio of earnings to fixed charges
    3.79