Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - UNION PACIFIC CORP | unp-20160930x10q.htm |
| EX-32 - EX-32 - UNION PACIFIC CORP | unp-20160930xex32.htm |
| EX-31. (B) - EX-31. (B) - UNION PACIFIC CORP | unp-20160930xex31_b.htm |
| EX-31. (A) - EX-31. (A) - UNION PACIFIC CORP | unp-20160930xex31_a.htm |
| EX-12. (A) - EX-12. (A) - UNION PACIFIC CORP | unp-20160930xex12_a.htm |
Exhibit 12(b)
RATIO OF EARNINGS TO FIXED CHARGES (Unaudited)
Union Pacific Corporation and Subsidiary Companies
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Millions, Except for Ratios |
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for the Nine Months Ended September 30, |
2016 | 2015 | ||
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Fixed charges: |
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Interest expense including amortization of debt discount |
$ |
524 |
$ |
458 |
|
Portion of rentals representing an interest factor |
64 | 70 | ||
|
Total fixed charges |
$ |
588 |
$ |
528 |
|
Earnings available for fixed charges: |
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Net income |
$ |
3,089 |
$ |
3,655 |
|
Equity earnings net of distributions |
(57) | (44) | ||
|
Income taxes |
1,846 | 2,219 | ||
|
Fixed charges |
588 | 528 | ||
|
Earnings available for fixed charges |
$ |
5,466 |
$ |
6,358 |
|
Ratio of earnings to fixed charges |
9.3 | 12.0 | ||
43