Attached files
| file | filename |
|---|---|
| EX-5.1.1 - EX-5.1.1 - CSX CORP | d761496dex511.htm |
| EX-4.3 - EX-4.3 - CSX CORP | d761496dex43.htm |
| 8-K - FORM 8-K - CSX CORP | d761496d8k.htm |
| EX-5.1.2 - EX-5.1.2 - CSX CORP | d761496dex512.htm |
| EX-4.2 - EX-4.2 - CSX CORP | d761496dex42.htm |
| EX-4.1 - EX-4.1 - CSX CORP | d761496dex41.htm |
| EX-1.1 - EX-1.1 - CSX CORP | d761496dex11.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 Six Months Ended |
For the Fiscal Years Ended | |||||||||||||||||||||||
| June 27, 2014 | Dec. 27, 2013 | Dec. 28, 2012 | Dec. 30, 2011 | Dec. 31, 2010 | Dec. 25, 2009 | |||||||||||||||||||
| EARNINGS: |
||||||||||||||||||||||||
| Earnings before Income Taxes |
$ | 1,456 | $ | 2,922 | $ | 2,971 | $ | 2,940 | $ | 2,527 | $ | 1,799 | ||||||||||||
| Interest Expense |
275 | 562 | 566 | 552 | 557 | 558 | ||||||||||||||||||
| Amortization of debt discount |
(2 | ) | (3 | ) | (3 | ) | (3 | ) | (3 | ) | (4 | ) | ||||||||||||
| Interest Portion of Fixed Rent |
12 | 26 | 27 | 29 | 31 | 37 | ||||||||||||||||||
| Undistributed Earnings of Unconsolidated Subsidiaries |
(18 | ) | (42 | ) | (29 | ) | (30 | ) | (33 | ) | (41 | ) | ||||||||||||
| Earnings, as Adjusted |
$ | 1,723 | $ | 3,465 | $ | 3,532 | $ | 3,488 | $ | 3,079 | $ | 2,349 | ||||||||||||
| FIXED CHARGES: |
||||||||||||||||||||||||
| Interest Expense |
$ | 275 | $ | 562 | $ | 566 | $ | 552 | $ | 557 | $ | 558 | ||||||||||||
| Capitalized Interest |
13 | 21 | 20 | 15 | 10 | 8 | ||||||||||||||||||
| Amortization of debt discount |
(2 | ) | (3 | ) | (3 | ) | (3 | ) | (3 | ) | (4 | ) | ||||||||||||
| Interest Portion of Fixed Rent |
12 | 26 | 27 | 29 | 31 | 37 | ||||||||||||||||||
| Fixed Charges |
$ | 298 | $ | 606 | $ | 610 | $ | 593 | $ | 595 | $ | 599 | ||||||||||||
| Ratio of Earnings to Fixed Charges |
5.8x | 5.7x | 5.8x | 5.9x | 5.2x | 3.9x | ||||||||||||||||||