Attached files
file | filename |
---|---|
10-Q - 10-Q - UNION PACIFIC CORP | unp-20180930x10q.htm |
EX-32 - EX-32 - UNION PACIFIC CORP | unp-20180930xex32.htm |
EX-31.B - EX-31.B - UNION PACIFIC CORP | unp-20180930xex31_b.htm |
EX-31.A - EX-31.A - UNION PACIFIC CORP | unp-20180930xex31_a.htm |
EX-12.B - EX-12.B - UNION PACIFIC CORP | unp-20180930xex12_b.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, |
2018 | 2017 | ||
Fixed charges: |
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Interest expense including amortization of debt discount |
$ |
241 |
$ |
180 |
Portion of rentals representing an interest factor |
19 | 19 | ||
Total fixed charges |
$ |
260 |
$ |
199 |
Earnings available for fixed charges: |
||||
Net income |
$ |
1,593 |
$ |
1,194 |
Equity earnings net of distributions |
(16) | (38) | ||
Income taxes |
483 | 789 | ||
Fixed charges |
260 | 199 | ||
Earnings available for fixed charges |
$ |
2,320 |
$ |
2,144 |
Ratio of earnings to fixed charges |
8.9 | 10.8 |