EX-12 3 d576175dex12.htm EX-12 EX-12

Exhibit 12

Williams Partners L.P.

Computation of Ratio of Earnings to Fixed Charges

 

     Six months ended
June 30, 2013
 
     (Millions)  

Earnings:

  

Income before income taxes and noncontrolling interests

   $ 595   

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

     (6)   
  

 

 

 

Income before income taxes, equity earnings and noncontrolling interests

     589   

Add:

  

Fixed charges:

  

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

     243   

Rental expense representative of interest factor

      
  

 

 

 

Total fixed charges

     248   

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

     12   

Less:

  

Interest capitalized

     (33)   
  

 

 

 

Total earnings as adjusted

   $ 816   
  

 

 

 

Fixed charges

   $ 248   
  

 

 

 

Ratio of earnings to fixed charges

     3.29