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Previous: UNION PACIFIC CORP, 10-Q, 2000-11-14 |
Next: UNION PACIFIC CORP, 10-Q, EX-12.(B), 2000-11-14 |
<PAGE> 1
EXHIBIT 12(a)
UNION PACIFIC CORPORATION AND SUBSIDIARY COMPANIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
<TABLE>
<CAPTION>
Three Months Ended Sept. 30,
----------------------------
Millions of Dollars Except Ratios 2000 1999
--------------------------------- ----- -----
<S> <C> <C>
Earnings
Income from continuing operations .......................... $ 256 $ 218
Undistributed equity earnings .............................. (16) (14)
----- -----
Total ...................................................... 240 204
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Income Taxes .................................................... 150 137
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Fixed Charges:
Interest expense including amortization of debt discount ... 181 184
Portion of rentals representing an interest factor ......... 45 49
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Total fixed charges ............................................. 226 233
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Earnings Available for Fixed Charges ............................ $ 616 $ 574
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Ratio of earnings to fixed charges (Note 9) ..................... 2.7 2.5
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</TABLE>
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