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Previous: UNION PACIFIC RAILROAD CO/DE, 10-Q, EX-12.A, 2000-08-14 |
Next: UNION PACIFIC RAILROAD CO/DE, 10-Q, EX-27, 2000-08-14 |
<PAGE> 1
EXHIBIT 12(b)
UNION PACIFIC RAILROAD COMPANY AND CONSOLIDATED SUBSIDIARY
AND AFFILIATE 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.............................................................. $ 478 $355
Undistributed equity earnings........................................... 60 (19)
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Total................................................................... 538 336
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Income Taxes............................................................... 270 175
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Fixed Charges:
Interest expense including amortization of debt discount................ 298 311
Portion of rentals representing an interest factor...................... 84 90
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Total fixed charges..................................................... 382 401
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Earnings Available for Fixed Charges....................................... $1,190 $912
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Ratio of earnings to fixed charges (Note 6)................................ 3.1 2.3
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</TABLE>
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