EX-12.C 9 d334692dex12c.htm EX-12.C EX-12.c

Exhibit 12.c

Dominion Gas Holdings, LLC

Computation of Ratio of Earnings to Fixed Charges

(millions of dollars)

 

     Years Ended December 31,  
     2016      2015     2014     2013     2012  

Earnings, as defined:

           

Income from continuing operations before income tax expense

   $ 607      $ 740     $ 846     $ 762     $ 747  

Distributed income from unconsolidated investees, less equity in earnings

     0        (3     (1     (2     2  

Fixed charges included in income

     109        86       39       43       65  
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings, as defined

   $ 716      $ 823     $ 884     $ 803     $ 814  
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Fixed charges, as defined:

           

Interest charges

   $ 97      $ 74     $ 28     $ 30     $ 51  

Rental interest factor

     12        12       11       13       14  
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges, as defined

   $ 109      $ 86     $ 39     $ 43     $ 65  
  

 

 

    

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of Earnings to Fixed Charges

     6.57        9.57       22.67       18.67       12.52