|
|
|
|
|
|
|
|
|
|
Previous: UNION PACIFIC CORP, 10-Q, EX-12.A, 2000-08-14 |
Next: UNION PACIFIC CORP, 10-Q, EX-27, 2000-08-14 |
<PAGE> 1
EXHIBIT 12(b)
UNION PACIFIC CORPORATION AND SUBSIDIARY COMPANIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
<TABLE>
<CAPTION>
Six Months Ended June 30,
-------------------------
Millions of Dollars Except Ratios 2000 1999
--------------------------------- ---- ----
<S> <C> <C>
Earnings
Net income ........................................................... $ 429 $ 323
Undistributed equity earnings ........................................ 60 (19)
------- -------
Total ................................................................ 489 304
------- -------
Income Taxes .............................................................. 247 159
------- -------
Fixed Charges:
Interest expense including amortization of debt discount ............. 362 370
Portion of rentals representing an interest factor ................... 86 92
------- -------
Total fixed charges .................................................. 448 462
------- -------
Earnings Available for Fixed Charges ...................................... $ 1,184 $ 925
------- -------
Ratio of earnings to fixed charges (Note 8) ............................... 2.6 2.0
------- -------
</TABLE>
|
|