Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - BNSF RAILWAY CO | Financial_Report.xls |
| 10-Q - 10-Q - BNSF RAILWAY CO | railway331201510-q.htm |
| EX-32.1 - EXHIBIT 32.1 - BNSF RAILWAY CO | railway3312015-ex321.htm |
| EX-31.2 - EXHIBIT 31.2 - BNSF RAILWAY CO | railway3312015-ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - BNSF RAILWAY CO | railway3312015-ex311.htm |
Exhibit 12.1
BNSF RAILWAY COMPANY and SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratio amounts)
(Unaudited)
Three Months Ended March 31, | ||||||
2015 | 2014 | |||||
Earnings: | ||||||
Income before income taxes | $ | 2,018 | $ | 1,366 | ||
Add: | ||||||
Interest and other fixed charges, excluding capitalized interest | 6 | 13 | ||||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 50 | 49 | ||||
Distributed income of investees accounted for under the equity method | 2 | 2 | ||||
Amortization of capitalized interest | 1 | 1 | ||||
Less: | ||||||
Equity in earnings of investments accounted for under the equity method | 3 | 4 | ||||
Total earnings available for fixed charges | $ | 2,074 | $ | 1,427 | ||
Fixed charges: | ||||||
Interest and fixed charges | $ | 16 | $ | 19 | ||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 50 | 49 | ||||
Total fixed charges | $ | 66 | $ | 68 | ||
Ratio of earnings to fixed charges | 31.42x | 20.98x | ||||
E-2