Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - CSX CORP | d303207d8k.htm |
| EX-1.1 - UNDERWRITING AGREEMENT - CSX CORP | d303207dex11.htm |
| EX-4.2 - FORM OF NOTES - CSX CORP | d303207dex42.htm |
| EX-4.1 - ACTION OF AUTHORIZED PRICING OFFICERS OF CSX CORPORATION - CSX CORP | d303207dex41.htm |
| EX-5.1.1 - OPINION OF DAVIS POLK & WARDWELL LLP - CSX CORP | d303207dex511.htm |
| EX-5.1.2 - OPINION OF ELLEN M. FITZSIMMONS - CSX CORP | d303207dex512.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
CSX Corporation
Ratio of Earnings to Fixed Charges
(Millions of Dollars)
| For the Fiscal Years Ended | ||||||||||||||||||||
| Dec. 30, 2011 |
Dec. 31, 2010 |
Dec. 25, 2009 |
Dec. 26, 2008 |
Dec. 28, 2007 |
||||||||||||||||
| EARNINGS: |
||||||||||||||||||||
| Earnings before Income Taxes |
$ | 2,888 | $ | 2,546 | $ | 1,746 | $ | 2,332 | $ | 1,935 | ||||||||||
| Interest Expense |
552 | 557 | 558 | 519 | 417 | |||||||||||||||
| Amortization of debt discount |
— | — | — | — | — | |||||||||||||||
| Interest Portion of Fixed Rent |
21 | 21 | 26 | 32 | 38 | |||||||||||||||
| Undistributed Earnings of Unconsolidated Subsidiaries |
(30 | ) | (33 | ) | (42 | ) | (75 | ) | (61 | ) | ||||||||||
| Earnings, as Adjusted |
$ | 3,431 | $ | 3,091 | $ | 2,288 | $ | 2,808 | $ | 2,329 | ||||||||||
| FIXED CHARGES: |
||||||||||||||||||||
| Interest Expense |
$ | 552 | $ | 557 | $ | 558 | $ | 519 | $ | 417 | ||||||||||
| Capitalized Interest |
15 | 10 | 8 | 9 | 5 | |||||||||||||||
| Amortization of debt discount |
— | — | — | — | — | |||||||||||||||
| Interest Portion of Fixed Rent |
21 | 21 | 26 | 32 | 38 | |||||||||||||||
| Fixed Charges |
$ | 588 | $ | 588 | $ | 592 | $ | 560 | $ | 460 | ||||||||||
| Ratio of Earnings to Fixed Charges |
5.8x | 5.3x | 3.9x | 5.0x | 5.1x | |||||||||||||||