Attached files
file | filename |
---|---|
EX-32 - EX-32 - UNION PACIFIC CORP | unp-20180630xex32.htm |
EX-31.B - EX-31.B - UNION PACIFIC CORP | unp-20180630xex31_b.htm |
EX-31.A - EX-31.A - UNION PACIFIC CORP | unp-20180630xex31_a.htm |
EX-12.B - EX-12.B - UNION PACIFIC CORP | unp-20180630xex12_b.htm |
10-Q - 10-Q - UNION PACIFIC CORP | unp-20180630x10q.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 June 30, |
2018 | 2017 | ||
Fixed charges: |
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Interest expense including amortization of debt discount |
$ |
203 |
$ |
179 |
Portion of rentals representing an interest factor |
15 | 18 | ||
Total fixed charges |
$ |
218 |
$ |
197 |
Earnings available for fixed charges: |
||||
Net income |
$ |
1,509 |
$ |
1,168 |
Equity earnings net of distributions |
(57) | (6) | ||
Income taxes |
429 | 701 | ||
Fixed charges |
218 | 197 | ||
Earnings available for fixed charges |
$ |
2,099 |
$ |
2,060 |
Ratio of earnings to fixed charges |
9.6 | 10.5 |