EX-12 2 wpz_20180331xex12.htm EX-12 Exhibit


Exhibit 12
Williams Partners L.P.
Computation of Ratio of Earnings to Fixed Charges
 
 
Three Months Ended
 
March 31, 2018
 
(Millions)
Earnings:
 
Income (loss) before income taxes
$
384

Less: Equity earnings
(82
)
Income (loss) before income taxes and equity earnings
302

Add:
 
Fixed charges:
 
Interest incurred
218

Rental expense representative of interest factor
3

Total fixed charges
221

Distributed income of equity-method investees
140

Less:
 
Interest capitalized
(9
)
Total earnings as adjusted
$
654

Fixed charges
$
221

Ratio of earnings to fixed charges
2.96