Attached files
file | filename |
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EX-32 - EX-32 - UNION PACIFIC CORP | unp-20180331xex32.htm |
EX-31.B - EX-31.B - UNION PACIFIC CORP | unp-20180331xex31_b.htm |
EX-31.A - EX-31.A - UNION PACIFIC CORP | unp-20180331xex31_a.htm |
10-Q - 10-Q - UNION PACIFIC CORP | unp-20180331x10q.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, |
2018 | 2017 | ||
Fixed charges: |
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Interest expense including amortization of debt discount |
$ |
186 |
$ |
172 |
Portion of rentals representing an interest factor |
18 | 20 | ||
Total fixed charges |
$ |
204 |
$ |
192 |
Earnings available for fixed charges: |
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Net income |
$ |
1,310 |
$ |
1,072 |
Equity earnings net of distributions |
(9) | (10) | ||
Income taxes |
401 | 616 | ||
Fixed charges |
204 | 192 | ||
Earnings available for fixed charges |
$ |
1,906 |
$ |
1,870 |
Ratio of earnings to fixed charges |
9.3 | 9.7 |