Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - BNSF RAILWAY CO | bnsfrailway-12312016x10xk.htm |
| EX-32.1 - SECTION 906 CEO AND CFO CERTIFICATION - BNSF RAILWAY CO | railway-12312016x10xkex321.htm |
| EX-31.2 - SECTION 302 CERTIFICATION - BNSF RAILWAY CO | railway-12312016x10xkex312.htm |
| EX-31.1 - SECTION 302 CERTIFICATION - BNSF RAILWAY CO | railway-12312016x10xkex311.htm |
| EX-24.1 - POWER OF ATTORNEY - BNSF RAILWAY CO | railway-12312016x10xkex241.htm |
Exhibit 12.1
BNSF Railway Company and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
In millions, except ratio amounts
(Unaudited)
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income before income taxes | $ | 6,779 | $ | 7,843 | $ | 7,041 | $ | 6,683 | $ | 5,954 | ||||||||||
Add: | ||||||||||||||||||||
Interest and other fixed charges, excluding capitalized interest | 50 | 35 | 44 | 57 | 55 | |||||||||||||||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 190 | 199 | 199 | 188 | 196 | |||||||||||||||
Distributed income of investees accounted for under the equity method | 6 | 14 | 7 | 7 | 6 | |||||||||||||||
Amortization of capitalized interest | 4 | 4 | 3 | 2 | 1 | |||||||||||||||
Less: | ||||||||||||||||||||
Equity in earnings of investments accounted for under the equity method | 16 | 16 | 16 | 14 | 14 | |||||||||||||||
Total earnings available for fixed charges | $ | 7,013 | $ | 8,079 | $ | 7,278 | $ | 6,923 | $ | 6,198 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest and fixed charges | $ | 76 | $ | 69 | $ | 74 | $ | 86 | $ | 79 | ||||||||||
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor | 190 | 199 | 199 | 188 | 196 | |||||||||||||||
Total fixed charges | $ | 266 | $ | 268 | $ | 273 | $ | 274 | $ | 275 | ||||||||||
Ratio of earnings to fixed charges | 26.36x | 30.15x | 26.66x | 25.27x | 22.54x | |||||||||||||||
E-2