Exhibit 12
Williams Partners L.P.
Computation of Ratio of Earnings to Fixed Charges
Nine months ended | ||||
September 30, 2012 | ||||
(Millions) | ||||
Earnings: | ||||
Income before income taxes | $ | 779 | ||
Less: Equity earnings, excluding proportionate share from 50% owned investees and unconsolidated majority-owned investees | (45 | ) | ||
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| |||
Income before income taxes and equity earnings | 734 | |||
Add: | ||||
Fixed charges: | ||||
Interest accrued, including proportionate share from 50% owned investees and unconsolidated majority-owned investees | 341 | |||
Rental expense representative of interest factor | 6 | |||
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| |||
Total fixed charges | 347 | |||
Distributed income of equity-method investees, excluding proportionate share from 50% owned investees and unconsolidated majority-owned investees | 66 | |||
Less: | ||||
Capitalized interest | (16 | ) | ||
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| |||
Total earnings as adjusted | $ | 1,131 | ||
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Fixed charges | $ | 347 | ||
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Ratio of earnings to fixed charges | 3.26 | |||
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