EX-12 3 wpz_20160630xex12.htm EX-12 Exhibit


Exhibit 12
Williams Partners L.P.
Computation of Ratio of Earnings to Fixed Charges
 
 
Six Months Ended
 
June 30, 2016
 
(Millions)
Earnings:
 
Income (loss) before income taxes
$
(77
)
Less: Equity earnings
(198
)
Income (loss) before income taxes and equity earnings
(275
)
Add:
 
Fixed charges:
 
Interest incurred
479

Rental expense representative of interest factor
4

Total fixed charges
483

Distributed income of equity-method investees
383

Less:
 
Interest capitalized
(19
)
Total earnings as adjusted
$
572

Fixed charges
$
483

Ratio of earnings to fixed charges
1.18