Attached files
| file | filename |
|---|---|
| EX-32.1 - SECTION 906 CEO AND CFO CERTIFICATION - BNSF RAILWAY CO | railway9302016-ex321.htm |
| 10-Q - FORM 10-Q - BNSF RAILWAY CO | railway930201610-q.htm |
| EX-31.2 - SECTION 302 CERTIFICATION - BNSF RAILWAY CO | railway9302016-ex312.htm |
| EX-31.1 - SECTION 302 CERTIFICATION - BNSF RAILWAY CO | railway9302016-ex311.htm |
Exhibit 12.1
BNSF RAILWAY COMPANY and SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratio amounts)
(Unaudited)
Nine Months Ended September 30, | ||||||
2016 | 2015 | |||||
Earnings: | ||||||
Income before income taxes | $ | 4,945 | $ | 5,860 | ||
Add: | ||||||
Interest and other fixed charges, excluding capitalized interest | 39 | 23 | ||||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 143 | 149 | ||||
Distributed income of investees accounted for under the equity method | 4 | 5 | ||||
Amortization of capitalized interest | 3 | 3 | ||||
Less: | ||||||
Equity in earnings of investments accounted for under the equity method | 10 | 12 | ||||
Total earnings available for fixed charges | $ | 5,124 | $ | 6,028 | ||
Fixed charges: | ||||||
Interest and fixed charges | $ | 59 | $ | 51 | ||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 143 | 149 | ||||
Total fixed charges | $ | 202 | $ | 200 | ||
Ratio of earnings to fixed charges | 25.37x | 30.14x | ||||
E-2