EX-12 3 d529540dex12.htm EX-12 EX-12

Exhibit 12

Williams Partners L.P.

Computation of Ratio of Earnings to Fixed Charges

 

     Three months  ended
March 31, 2013
 
     (Millions)  

Earnings:

  

Income before income taxes

   $ 323  

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

     (2
  

 

 

 

Income before income taxes and equity earnings

     321  

Add:

  

Fixed charges:

  

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

     122  

Rental expense representative of interest factor

     2  
  

 

 

 

Total fixed charges

     124  

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

     7  

Less:

  

Interest capitalized

     (17
  

 

 

 

Total earnings as adjusted

   $ 435  
  

 

 

 

Fixed charges

   $ 124  
  

 

 

 

Ratio of earnings to fixed charges

     3.51