EX-12 3 d338213dex12.htm EXHIBIT 12 Exhibit 12

Exhibit 12

Williams Partners L.P.

Computation of Ratio of Earnings to Fixed Charges

 

     Three months ended
March 31, 2012
 
     (Millions)  

Earnings:

  

Income before income taxes

   $ 348  

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

     (21
  

 

 

 

Income before income taxes and equity earnings

     327  

Add:

  

Fixed charges:

  

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

     110  

Rental expense representative of interest factor

     2  
  

 

 

 

Total fixed charges

     112  

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

     29  

Less:

  

Capitalized interest

     (3
  

 

 

 

Total earnings as adjusted

   $ 465  
  

 

 

 

Fixed charges

   $ 112  
  

 

 

 

Ratio of earnings to fixed charges

     4.15