BNSF RAILWAY CO - FORM 10-K - EX-12.1 - RATIO OF EARNINGS TO FIXED CHARGES - February 28, 2011

Attached files

file	filename
10-K - FORM 10-K - BNSF RAILWAY CO	d10k.htm
EX-32.1 - CERTIFICATION PURSUANT TO SECTION 906 - BNSF RAILWAY CO	dex321.htm
EX-31.2 - PRINCIPAL FINANCIAL OFFICER'S CERTIFICATIONS PURSUANT TO SECTION 302 - BNSF RAILWAY CO	dex312.htm
EX-31.1 - PRINCIPAL EXECUTIVE OFFICER'S CERTIFICATIONS PURSUANT TO SECTION 302 - BNSF RAILWAY CO	dex311.htm

Exhibit 12.1

BNSF Railway Company and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

In millions, except ratio amounts

(Unaudited)

		Successor			Predecessor
		February 13 – December 31, 2010			January 1 – February 12, 2010			2009			2008			2007			2006

Earnings:
Income before income taxes		$	3,899		$	482		$	3,081		$	3,800		$	3,583		$	3,552
Add:
Interest and other fixed charges, excluding capitalized interest			72			16			124			97			87			113
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor			225			35			267			278			282			261
Distributed income of investees accounted for under the equity method			5			−			5			5			4			3
Amortization of capitalized interest			−			1			4			5			4			4
Less:
Equity in earnings of investments accounted for under the equity method			15			1			12			13			19			27
Total earnings available for fixed charges		$	4,186		$	533		$	3,469		$	4,172		$	3,941		$	3,906
Fixed charges:
Interest and fixed charges		$	85		$	17		$	142		$	114		$	104		$	127
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor			225			35			267			278			282			261
Total fixed charges		$	310		$	52		$	409		$	392		$	386		$	388
Ratio of earnings to fixed charges			13.50x			10.25x			8.48x			10.64x			10.21x			10.07x