Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - UNION PACIFIC CORP | unp-20160930x10q.htm |
| EX-32 - EX-32 - UNION PACIFIC CORP | unp-20160930xex32.htm |
| EX-31. (B) - EX-31. (B) - UNION PACIFIC CORP | unp-20160930xex31_b.htm |
| EX-31. (A) - EX-31. (A) - UNION PACIFIC CORP | unp-20160930xex31_a.htm |
| EX-12. (B) - EX-12. (B) - UNION PACIFIC CORP | unp-20160930xex12_b.htm |
Exhibit 12(a)
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Union Pacific Corporation and Subsidiary Companies
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Millions, Except for Ratios |
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for the Three Months Ended September 30, |
2016 | 2015 | ||
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Fixed charges: |
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Interest expense including amortization of debt discount |
$ |
184 |
$ |
157 |
|
Portion of rentals representing an interest factor |
24 | 21 | ||
|
Total fixed charges |
$ |
208 |
$ |
178 |
|
Earnings available for fixed charges: |
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Net income |
$ |
1,131 |
$ |
1,300 |
|
Equity earnings net of distributions |
(28) | (23) | ||
|
Income taxes |
674 | 781 | ||
|
Fixed charges |
208 | 178 | ||
|
Earnings available for fixed charges |
$ |
1,985 |
$ |
2,236 |
|
Ratio of earnings to fixed charges |
9.5 | 12.6 | ||
42