Attached files
| file | filename |
|---|---|
| EX-21 - EX-21 - UNION PACIFIC CORP | d865355dex21.htm |
| EX-32 - EX-32 - UNION PACIFIC CORP | d865355dex32.htm |
| EX-23 - EX-23 - UNION PACIFIC CORP | d865355dex23.htm |
| EX-24 - EX-24 - UNION PACIFIC CORP | d865355dex24.htm |
| EX-31.(B) - EX-31.(B) - UNION PACIFIC CORP | d865355dex31b.htm |
| EX-10.(B) - EX-10.(B) - UNION PACIFIC CORP | d865355dex10b.htm |
| EX-10.(A) - EX-10.(A) - UNION PACIFIC CORP | d865355dex10a.htm |
| EX-10.(C) - EX-10.(C) - UNION PACIFIC CORP | d865355dex10c.htm |
| EXCEL - IDEA: XBRL DOCUMENT - UNION PACIFIC CORP | Financial_Report.xls |
| 10-K - 10-K - UNION PACIFIC CORP | d865355d10k.htm |
| EX-31.(A) - EX-31.(A) - UNION PACIFIC CORP | d865355dex31a.htm |
Exhibit 12
RATIO OF EARNINGS TO FIXED CHARGES
Union Pacific Corporation and Subsidiary Companies
| Millions, Except for Ratios |
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
| Fixed charges: |
||||||||||||||||||||
| Interest expense including |
||||||||||||||||||||
| amortization of debt discount |
$ | 561 | $ | 526 | $ | 535 | $ | 572 | $ | 602 | ||||||||||
| Portion of rentals representing an interest factor |
101 | 121 | 132 | 135 | 136 | |||||||||||||||
|
Total fixed charges |
$ | 662 | $ | 647 | $ | 667 | $ | 707 | $ | 738 | ||||||||||
| Earnings available for fixed charges: |
||||||||||||||||||||
| Net income |
$ | 5,180 | $ | 4,388 | $ | 3,943 | $ | 3,292 | $ | 2,780 | ||||||||||
| Equity earnings net of distributions |
(59) | (57) | (55) | (38) | (44) | |||||||||||||||
| Income taxes |
3,163 | 2,660 | 2,375 | 1,972 | 1,653 | |||||||||||||||
| Fixed charges |
662 | 647 | 667 | 707 | 738 | |||||||||||||||
|
Earnings available for fixed charges |
$ | 8,946 | $ | 7,638 | $ | 6,930 | $ | 5,933 | $ | 5,127 | ||||||||||
| Ratio of earnings to fixed charges |
13.5 | 11.8 | 10.4 | 8.4 | 6.9 | |||||||||||||||