Attached files
file | filename |
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EX-12.(A) - EX-12.(A) - UNION PACIFIC CORP | unp-20150630ex12aeca4a5.htm |
EX-31.(B) - EX-31.(B) - UNION PACIFIC CORP | unp-20150630ex31bf86386.htm |
EX-31.(A) - EX-31.(A) - UNION PACIFIC CORP | unp-20150630ex31a103144.htm |
XML - IDEA: XBRL DOCUMENT - UNION PACIFIC CORP | R9999.htm |
10-Q - 10-Q - UNION PACIFIC CORP | unp-20150630x10q.htm |
EX-32 - EX-32 - UNION PACIFIC CORP | unp-20150630xex32.htm |
Exhibit 12(b)
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Union Pacific Corporation and Subsidiary Companies
Millions, Except for Ratios |
||||
for the Six Months Ended June 30, |
2015 | 2014 | ||
Fixed charges: |
||||
Interest expense including amortization of debt discount |
$ |
301 |
$ |
271 |
Portion of rentals representing an interest factor |
49 | 54 | ||
Total fixed charges |
$ |
350 |
$ |
325 |
Earnings available for fixed charges: |
||||
Net income |
$ |
2,355 |
$ |
2,379 |
Equity earnings net of distributions |
(21) | (25) | ||
Income taxes |
1,438 | 1,460 | ||
Fixed charges |
350 | 325 | ||
Earnings available for fixed charges |
$ |
4,122 |
$ |
4,139 |
Ratio of earnings to fixed charges |
11.8 | 12.7 |
41