Attached files
| file | filename |
|---|---|
| 10-Q - BNSF RAILWAY FORM 10-Q - BNSF RAILWAY CO | railway930201410-q.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - BNSF RAILWAY CO | railway9302014-ex311.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - BNSF RAILWAY CO | railway9302014-ex312.htm |
| EXCEL - IDEA: XBRL DOCUMENT - BNSF RAILWAY CO | Financial_Report.xls |
| EX-32.1 - SECTION 906 CEO AND CFO CERTIFICATION - BNSF RAILWAY CO | railway9302014-ex321.htm |
Exhibit 12.1
BNSF RAILWAY COMPANY and SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratio amounts)
(Unaudited)
Nine Months Ended September 30, | ||||||
2014 | 2013 | |||||
Earnings: | ||||||
Income before income taxes | $ | 4,935 | $ | 4,798 | ||
Add: | ||||||
Interest and other fixed charges, excluding capitalized interest | 34 | 45 | ||||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 148 | 142 | ||||
Distributed income of investees accounted for under the equity method | 5 | 5 | ||||
Amortization of capitalized interest | 2 | 1 | ||||
Less: | ||||||
Equity in earnings of investments accounted for under the equity method | 13 | 10 | ||||
Total earnings available for fixed charges | $ | 5,111 | $ | 4,981 | ||
Fixed charges: | ||||||
Interest and fixed charges | $ | 56 | $ | 68 | ||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 148 | 142 | ||||
Total fixed charges | $ | 204 | $ | 210 | ||
Ratio of earnings to fixed charges | 25.05x | 23.72x | ||||
E-2