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EXHIBIT 12(a)
UNION PACIFIC RAILROAD COMPANY AND CONSOLIDATED SUBSIDIARY
AND AFFILIATE COMPANIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
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Three Months Ended June 30,
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Millions of Dollars Except Ratios 2000 1999
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Earnings:
Net Income.............................................................. $264 $206
Undistributed equity earnings........................................... (13) (10)
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Total................................................................... 251 196
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Income Taxes............................................................... 150 93
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Fixed Charges:
Interest expense including amortization of debt discount................ 147 155
Portion of rentals representing an interest factor...................... 41 45
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Total fixed charges..................................................... 188 200
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Earnings available for fixed charges....................................... $589 $489
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Ratio of earnings to fixed charges (Note 6)................................ 3.1 2.5
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