Attached files

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EX-32 - EX-32 - UNION PACIFIC CORPunp-20160630xex32.htm
EX-31.(B) - EX-31.(B) - UNION PACIFIC CORPunp-20160630xex31_b.htm
EX-31.(A) - EX-31.(A) - UNION PACIFIC CORPunp-20160630xex31_a.htm
EX-12.(B) - EX-12.(B) - UNION PACIFIC CORPunp-20160630xex12_b.htm
10-Q - 10-Q - UNION PACIFIC CORPunp-20160630x10q.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 June 30,

2016  2015 

Fixed charges:

 

 

 

 

  Interest expense including amortization of debt discount

$

173 

$

153 

  Portion of rentals representing an interest factor

 

16 

 

24 

Total fixed charges

$

189 

$

177 

Earnings available for fixed charges:

 

 

 

 

  Net income

$

979 

$

1,204 

  Equity earnings net of distributions

 

(8)

 

(8)

  Income taxes

 

585 

 

734 

  Fixed charges

 

189 

 

177 

Earnings available for fixed charges

$

1,745 

$

2,107 

Ratio of earnings to fixed charges

 

9.2 

 

11.9 



40