EX-12 2 d248404dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES. Computation of Ratio of Earnings to Fixed Charges.

Exhibit 12

Williams Partners L.P.

Computation of Ratio of Earnings to Fixed Charges

 

     Nine months ended
September 30, 2011
 
     (Millions)  

Earnings:

  

Net Income

   $ 987  

Less: Equity earnings, excluding proportionate share from 50% owned investees and unconsolidated majority-owned investees

     (64
  

 

 

 

Net income before equity earnings

     923  

Add:

  

Fixed charges:

  

Interest accrued, including proportionate share from 50% owned investees and unconsolidated majority-owned investees

     320  

Rental expense representative of interest factor

     5  
  

 

 

 

Total fixed charges

     325  

Distributed income of equity-method investees, excluding proportionate share from 50% owned investees and unconsolidated majority-owned investees

     68  

Less:

  

Capitalized interest

     (8
  

 

 

 

Total earnings as adjusted

   $ 1,308  
  

 

 

 

Fixed charges

   $ 325  
  

 

 

 

Ratio of earnings to fixed charges

     4.02