Attached files
file | filename |
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10-Q - 10-Q - UNION PACIFIC CORP | unp-20170930x10q.htm |
EX-32 - EX-32 - UNION PACIFIC CORP | unp-20170930xex32.htm |
EX-31.(B) - EX-31.(B) - UNION PACIFIC CORP | unp-20170930xex31_b.htm |
EX-31.(A) - EX-31.(A) - UNION PACIFIC CORP | unp-20170930xex31_a.htm |
EX-12.(B) - EX-12.(B) - UNION PACIFIC CORP | unp-20170930xex12_b.htm |
EX-10 - EX-10 - UNION PACIFIC CORP | unp-20170930xex10.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 September 30, |
2017 | 2016 | ||
Fixed charges: |
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Interest expense including amortization of debt discount |
$ |
180 |
$ |
184 |
Portion of rentals representing an interest factor |
19 | 24 | ||
Total fixed charges |
$ |
199 |
$ |
208 |
Earnings available for fixed charges: |
||||
Net income |
$ |
1,194 |
$ |
1,131 |
Equity earnings net of distributions |
(38) | (28) | ||
Income taxes |
789 | 674 | ||
Fixed charges |
199 | 208 | ||
Earnings available for fixed charges |
$ |
2,144 |
$ |
1,985 |
Ratio of earnings to fixed charges |
10.8 | 9.5 |