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Previous: BURLINGTON NORTHERN RAILROAD CO, 10-Q, 2000-11-13 |
Next: BURLINGTON NORTHERN RAILROAD CO, 10-Q, EX-13.1, 2000-11-13 |
<PAGE>
EXHIBIT 12.1
THE BURLINGTON NORTHERN AND SANTA FE RAILWAY COMPANY and SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Millions, Except Ratio Amounts)
(Unaudited)
<TABLE>
<CAPTION>
Nine Months Ended
September 30,
-----------------------------------
2000 1999
------------- --------------
<S> <C> <C>
Earnings:
Pre-tax income $1,335 $1,405
Add:
Interest and fixed charges,
excluding capitalized interest 224 226
Portion of rent under long-term
operating leases representative
of an interest factor 130 139
Distributed income of investees
accounted for under the equity method 46 -
Amortization of capitalized interest 4 4
Less: Undistributed equity in earnings
of investments accounted for
under the equity method 15 9
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Total earnings available for fixed charges $1,724 $1,765
============= ==============
Fixed charges:
Interest and fixed charges $ 232 $ 236
Portion of rent under long-term operating
leases representative of an interest factor 130 139
------------- --------------
Total fixed charges $ 362 $ 375
============= ==============
Ratio of earnings to fixed charges 4.76x 4.71x
</TABLE>
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