Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - UNION PACIFIC CORP | Financial_Report.xls |
| EX-31.(A) - EX-31.(A) - UNION PACIFIC CORP | d807763dex31a.htm |
| EX-32 - EX-32 - UNION PACIFIC CORP | d807763dex32.htm |
| EX-12.(A) - EX-12.(A) - UNION PACIFIC CORP | d807763dex12a.htm |
| EX-31.(B) - EX-31.(B) - UNION PACIFIC CORP | d807763dex31b.htm |
| 10-Q - 10-Q - UNION PACIFIC CORP | d807763d10q.htm |
Exhibit 12(b)
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Union Pacific Corporation and Subsidiary Companies
| Millions, Except for Ratios for the Nine Months Ended September 30, |
2014 | 2013 | ||||||
| Fixed charges: |
||||||||
| Interest expense including |
||||||||
| amortization of debt discount |
$ | 415 | $ | 398 | ||||
| Portion of rentals representing an interest factor |
80 | 89 | ||||||
|
Total fixed charges |
$ | 495 | $ | 487 | ||||
| Earnings available for fixed charges: |
||||||||
| Net income |
$ | 3,749 | $ | 3,214 | ||||
| Equity earnings net of distributions |
(44) | (38) | ||||||
| Income taxes |
2,296 | 1,951 | ||||||
| Fixed charges |
495 | 487 | ||||||
|
Earnings available for fixed charges |
$ | 6,496 | $ | 5,614 | ||||
|
Ratio of earnings to fixed charges |
13.1 | 11.5 | ||||||