Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - CSX CORP | d614517d8k.htm |
| EX-1.1 - EX-1.1 - CSX CORP | d614517dex11.htm |
| EX-4.2 - EX-4.2 - CSX CORP | d614517dex42.htm |
| EX-4.1 - EX-4.1 - CSX CORP | d614517dex41.htm |
| EX-5.1.1 - EX-5.1.1 - CSX CORP | d614517dex511.htm |
| EX-5.1.2 - EX-5.1.2 - CSX CORP | d614517dex512.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
CSX Corporation
Ratio of Earnings to Fixed Charges
(Millions of Dollars)
| For the Nine Months Ended Sept. 27, 2013 |
For the Fiscal Years Ended | |||||||||||||||||||||||
| Dec. 28, 2012 | Dec. 30, 2011 | Dec. 31, 2010 | Dec. 25, 2009 | Dec. 26, 2008 | ||||||||||||||||||||
| EARNINGS: |
||||||||||||||||||||||||
| Earnings before Income Taxes |
$ | 2,280 | $ | 2,964 | $ | 2,888 | $ | 2,546 | $ | 1,746 | $ | 2,332 | ||||||||||||
| Interest Expense |
423 | 566 | 552 | 557 | 558 | 519 | ||||||||||||||||||
| Amortization of debt discount |
(2 | ) | (3 | ) | (3 | ) | (3 | ) | (4 | ) | 5 | |||||||||||||
| Interest Portion of Fixed Rent |
27 | 27 | 29 | 31 | 37 | 43 | ||||||||||||||||||
| Undistributed Earnings of Unconsolidated Subsidiaries |
(29 | ) | (29 | ) | (30 | ) | (33 | ) | (41 | ) | (75 | ) | ||||||||||||
| Earnings, as Adjusted |
$ | 2,699 | $ | 3,525 | $ | 3,436 | $ | 3,098 | $ | 2,296 | $ | 2,824 | ||||||||||||
| FIXED CHARGES: |
||||||||||||||||||||||||
| Interest Expense |
$ | 423 | $ | 566 | $ | 552 | $ | 557 | $ | 558 | $ | 519 | ||||||||||||
| Capitalized Interest |
16 | 20 | 15 | 10 | 8 | 9 | ||||||||||||||||||
| Amortization of debt discount |
(2 | ) | (3 | ) | (3 | ) | (3 | ) | (4 | ) | 5 | |||||||||||||
| Interest Portion of Fixed Rent |
27 | 27 | 29 | 31 | 37 | 43 | ||||||||||||||||||
| Fixed Charges |
$ | 463 | $ | 610 | $ | 593 | $ | 595 | $ | 599 | $ | 576 | ||||||||||||
| Ratio of Earnings to Fixed Charges |
5.8x | 5.8x | 5.8x | 5.2x | 3.8x | 4.9x | ||||||||||||||||||