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Previous: UNION PACIFIC CORP, 10-Q, EX-12.(A), 2000-11-14 |
Next: UNION PACIFIC CORP, 10-Q, EX-27, 2000-11-14 |
<PAGE> 1
EXHIBIT 12(b)
UNION PACIFIC CORPORATION AND SUBSIDIARY COMPANIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
<TABLE>
<CAPTION>
Nine Months Ended Sept. 30,
-----------------------------
Millions of Dollars Except Ratios 2000 1999
--------------------------------- ------- -------
<S> <C> <C>
Earnings
Income from continuing operations .......................... $ 685 $ 541
Undistributed equity earnings .............................. 44 (33)
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Total ...................................................... 729 508
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Income Taxes .................................................... 397 296
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Fixed Charges:
Interest expense including amortization of debt discount ... 543 554
Portion of rentals representing an interest factor ......... 131 141
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Total fixed charges ............................................. 674 695
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Earnings Available for Fixed Charges ............................ $ 1,800 $ 1,499
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Ratio of earnings to fixed charges (Note 9) ..................... 2.7 2.2
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</TABLE>
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