Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - UNION PACIFIC CORP | Financial_Report.xls |
EX-31.(A) - EX-31.(A) - UNION PACIFIC CORP | d807763dex31a.htm |
EX-12.(B) - EX-12.(B) - UNION PACIFIC CORP | d807763dex12b.htm |
EX-32 - EX-32 - UNION PACIFIC CORP | d807763dex32.htm |
EX-31.(B) - EX-31.(B) - UNION PACIFIC CORP | d807763dex31b.htm |
10-Q - 10-Q - UNION PACIFIC CORP | d807763d10q.htm |
Exhibit 12(a)
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Union Pacific Corporation and Subsidiary Companies
Millions, Except for Ratios for the Three Months Ended September 30, |
2014 | 2013 | ||||||
Fixed charges: |
||||||||
Interest expense including |
||||||||
amortization of debt discount |
$ | 144 | $ | 137 | ||||
Portion of rentals representing an interest factor |
26 | 31 | ||||||
Total fixed charges |
$ | 170 | $ | 168 | ||||
Earnings available for fixed charges: |
||||||||
Net income |
$ | 1,370 | $ | 1,151 | ||||
Equity earnings net of distributions |
(19) | (21) | ||||||
Income taxes |
836 | 701 | ||||||
Fixed charges |
170 | 168 | ||||||
Earnings available for fixed charges |
$ | 2,357 | $ | 1,999 | ||||
Ratio of earnings to fixed charges |
13.9 | 11.9 | ||||||