Dominion Energy (D) 10-Q 2017 Q1 Quarterly report

Exhibit 12.3

Dominion Gas Holdings, LLC

Computation of Ratio of Earnings to Fixed Charges

(millions of dollars)

	Three Months			Twelve Months			Years Ended December 31,
	Ended March 31, 2017			Ended March 31, 2017			2016		2015			2014			2013			2012
Earnings, as defined:
Income from continuing operations before income tax expense	$	165		$	613		$	607	$	740		$	846		$	762		$	747
Distributed income from unconsolidated investees, less equity in earnings		(1	)		(1	)		0		(3	)		(1	)		(2	)		2
Fixed charges included in income		28			112			109		86			39			43			65
Total earnings, as defined	$	192		$	724		$	716	$	823		$	884		$	803		$	814
Fixed charges, as defined:
Interest charges	$	25		$	100		$	97	$	74		$	28		$	30		$	51
Rental interest factor		3			12			12		12			11			13			14
Total fixed charges, as defined	$	28		$	112		$	109	$	86		$	39		$	43		$	65
Ratio of Earnings to Fixed Charges		6.86			6.46			6.57		9.57			22.67			18.67			12.52