Attached files
file | filename |
---|---|
EX-32 - EX-32 - UNION PACIFIC CORP | unp-20170331xex32.htm |
EX-31. (B) - EX-31. (B) - UNION PACIFIC CORP | unp-20170331xex31_b.htm |
EX-31. (A) - EX-31. (A) - UNION PACIFIC CORP | unp-20170331xex31_a.htm |
10-Q - 10-Q - UNION PACIFIC CORP | unp-20170331x10q.htm |
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 March 31, |
2017 | 2016 | ||
Fixed charges: |
||||
Interest expense including amortization of debt discount |
$ |
172 |
$ |
167 |
Portion of rentals representing an interest factor |
20 | 24 | ||
Total fixed charges |
$ |
192 |
$ |
191 |
Earnings available for fixed charges: |
||||
Net income |
$ |
1,072 |
$ |
979 |
Equity earnings net of distributions |
(10) | (21) | ||
Income taxes |
616 | 587 | ||
Fixed charges |
192 | 191 | ||
Earnings available for fixed charges |
$ |
1,870 |
$ |
1,736 |
Ratio of earnings to fixed charges |
9.7 | 9.1 |
36