Attached files
file | filename |
---|---|
EX-32 - EX-32 - UNION PACIFIC CORP | unp-20170630xex32.htm |
EX-31.(B) - EX-31.(B) - UNION PACIFIC CORP | unp-20170630xex31_b.htm |
EX-31.(A) - EX-31.(A) - UNION PACIFIC CORP | unp-20170630xex31_a.htm |
EX-12.(B) - EX-12.(B) - UNION PACIFIC CORP | unp-20170630xex12_b.htm |
10-Q - 10-Q - UNION PACIFIC CORP | unp-20170630x10q.htm |
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Union Pacific Corporation and Subsidiary Companies
|
||||
Millions, Except for Ratios |
||||
for the Three Months Ended June 30, |
2017 | 2016 | ||
Fixed charges: |
||||
Interest expense including amortization of debt discount |
$ |
179 |
$ |
173 |
Portion of rentals representing an interest factor |
18 | 16 | ||
Total fixed charges |
$ |
197 |
$ |
189 |
Earnings available for fixed charges: |
||||
Net income |
$ |
1,168 |
$ |
979 |
Equity earnings net of distributions |
(6) | (8) | ||
Income taxes |
701 | 585 | ||
Fixed charges |
197 | 189 | ||
Earnings available for fixed charges |
$ |
2,060 |
$ |
1,745 |
Ratio of earnings to fixed charges |
10.5 | 9.2 |
37