Attached files
file | filename |
---|---|
10-Q - FORM 10-Q - BURLINGTON NORTHERN SANTA FE, LLC | llc-6302016x10q.htm |
EX-31.1 - SECTION 302 CERTIFICATION - BURLINGTON NORTHERN SANTA FE, LLC | llc6302016-ex311.htm |
EX-31.2 - SECTION 302 CERTIFICATION - BURLINGTON NORTHERN SANTA FE, LLC | llc6302016-ex312.htm |
EX-32.1 - SECTION 906 CEO AND CFO CERTIFICATION - BURLINGTON NORTHERN SANTA FE, LLC | llc6302016-ex321.htm |
Exhibit 12.1
BURLINGTON NORTHERN SANTA FE, LLC and SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratio amounts)
(Unaudited)
Six Months Ended June 30, | ||||||||
2016 | 2015 | |||||||
Earnings: | ||||||||
Income before income taxes | $ | 2,496 | $ | 3,208 | ||||
Add: | ||||||||
Interest and other fixed charges, excluding capitalized interest | 494 | 445 | ||||||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 96 | 100 | ||||||
Distributed income of investees accounted for under the equity method | 4 | 4 | ||||||
Amortization of capitalized interest | 2 | 2 | ||||||
Less: | ||||||||
Equity in earnings of investments accounted for under the equity method | 4 | 8 | ||||||
Total earnings available for fixed charges | $ | 3,088 | $ | 3,751 | ||||
Fixed charges: | ||||||||
Interest and fixed charges | $ | 507 | $ | 464 | ||||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 96 | 100 | ||||||
Total fixed charges | $ | 603 | $ | 564 | ||||
Ratio of earnings to fixed charges | 5.12x | 6.65x |
E-2