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.A - EX-12.A - UNION PACIFIC CORP | unp-20180930xex12_a.htm |
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Union Pacific Corporation and Subsidiary Companies
|
||||
Millions, Except for Ratios |
||||
for the Nine Months Ended September 30, |
2018 | 2017 | ||
Fixed charges: |
||||
Interest expense including amortization of debt discount |
$ |
630 |
$ |
531 |
Portion of rentals representing an interest factor |
52 | 57 | ||
Total fixed charges |
$ |
682 |
$ |
588 |
Earnings available for fixed charges: |
||||
Net income |
$ |
4,412 |
$ |
3,434 |
Equity earnings net of distributions |
(82) | (54) | ||
Income taxes |
1,313 | 2,106 | ||
Fixed charges |
682 | 588 | ||
Earnings available for fixed charges |
$ |
6,325 |
$ |
6,074 |
Ratio of earnings to fixed charges |
9.3 | 10.3 |