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.A - EX-12.A - UNION PACIFIC CORP | unp-20180630xex12_a.htm |
10-Q - 10-Q - UNION PACIFIC CORP | unp-20180630x10q.htm |
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Union Pacific Corporation and Subsidiary Companies
|
||||
Millions, Except for Ratios |
||||
for the Six Months Ended June 30, |
2018 | 2017 | ||
Fixed charges: |
||||
Interest expense including amortization of debt discount |
$ |
389 |
$ |
351 |
Portion of rentals representing an interest factor |
33 | 38 | ||
Total fixed charges |
$ |
422 |
$ |
389 |
Earnings available for fixed charges: |
||||
Net income |
$ |
2,819 |
$ |
2,240 |
Equity earnings net of distributions |
(66) | (16) | ||
Income taxes |
830 | 1,317 | ||
Fixed charges |
422 | 389 | ||
Earnings available for fixed charges |
$ |
4,005 |
$ |
3,930 |
Ratio of earnings to fixed charges |
9.5 | 10.1 |
38