EX-12.2 3 d18317exv12w2.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12.2 The Williams Companies, Inc. Computation of Ratio of Earnings to Fixed Charges (Dollars in millions)
Three months ended March 31, 2004 ------------------ Earnings: Income from continuing operations before income taxes $ 9.8 Minority interest in income of consolidated subsidiaries 4.8 Less: Equity earnings (11.6) ------- Income from continuing operations before income taxes, minority interest in income of consolidated subsidiaries and equity earnings 3.0 Add: Fixed charges: Interest accrued, including proportionate share from equity-method investees 243.7 Rental expense representative of interest factor 6.2 ------- Total fixed charges: 249.9 Distributed income of equity investees 8.1 Less: Capitalized interest (4.0) ------- Total earnings as adjusted $ 257.0 ======= Fixed charges $ 249.9 ======= Ratio of earnings to fixed charges 1.03 =======
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