Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - UNION PACIFIC CORP | unp-20150930x10q.htm |
| EX-31.(A) - EX-31.(A) - UNION PACIFIC CORP | unp-20150930ex31a811f3e.htm |
| EX-12.(A) - EX-12.(A) - UNION PACIFIC CORP | unp-20150930ex12a678fc2.htm |
| EX-31.(B) - EX-31.(B) - UNION PACIFIC CORP | unp-20150930ex31b268f01.htm |
| EX-32 - EX-32 - UNION PACIFIC CORP | unp-20150930xex32.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, |
2015 | 2014 | ||
|
Fixed charges: |
||||
|
Interest expense including amortization of debt discount |
$ |
458 |
$ |
415 |
|
Portion of rentals representing an interest factor |
70 | 80 | ||
|
Total fixed charges |
$ |
528 |
$ |
495 |
|
Earnings available for fixed charges: |
||||
|
Net income |
$ |
3,655 |
$ |
3,749 |
|
Equity earnings net of distributions |
(44) | (44) | ||
|
Income taxes |
2,219 | 2,296 | ||
|
Fixed charges |
528 | 495 | ||
|
Earnings available for fixed charges |
$ |
6,358 |
$ |
6,496 |
|
Ratio of earnings to fixed charges |
12.0 | 13.1 | ||
42