EX-12 4 wpz_20150930xex12.htm EX-12 Exhibit


Exhibit 12
Williams Partners L.P.
Computation of Ratio of Earnings to Fixed Charges
 
 
Nine Months Ended
 
September 30, 2015
 
(Millions)
Earnings:
 
Income before income taxes
$
281

Less: Equity earnings
(236
)
Income before income taxes and equity earnings
45

Add:
 
Fixed charges:
 
Interest incurred
640

Rental expense representative of interest factor
7

Total fixed charges
647

Distributed income of equity-method investees
507

Less:
 
Interest capitalized
(40
)
Total earnings as adjusted
$
1,159

Fixed charges
$
647

Ratio of earnings to fixed charges
1.79