Williams Partners L.P. (NYSE: WPZ):
|Summary Financial Information||3Q||YTD|
|Amounts in millions, except per-unit amounts.||2012||2011||2012||2011|
|Net income per common L.P. unit||$||0.38||$||0.91||$||1.47||$||2.63|
|Distributable cash flow (DCF) (1)||$||316||$||368||$||1,084||$||1,206|
|Cash distribution coverage ratio (1)||0.80x||1.25x||0.96x||1.41x|
(1) Distributable Cash Flow and Cash Distribution Coverage Ratio are non-GAAP measures. Reconciliations to the most relevant measures included in GAAP are attached to this news release.
Williams Partners L.P. (NYSE: WPZ) today announced unaudited third-quarter 2012 net income of $237 million, or $0.38 per common limited-partner unit, compared with third-quarter 2011 net income of $342 million, or $0.91 per common limited-partner unit.
Year-to-date through Sept. 30, Williams Partners reported net income of $778 million, or $1.47 per common limited-partner unit, compared with $987 million, or $2.63 per common limited-partner unit, for the first nine months of 2011.