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EXHIBIT 12.1
BURLINGTON NORTHERN SANTA FE CORPORATION and SUBSIDIARIES
COMPUTATION of RATIO of EARNINGS to FIXED CHARGES
(In Millions, Except Ratio Amounts)
(Unaudited)
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Nine Months Ended
September 30,
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2000 1999
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Earnings:
Pre-tax income $1,169 $1,315
Add:
Interest and fixed charges,
excluding capitalized interest 336 291
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 $1,670 $1,740
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Fixed charges:
Interest and fixed charges $ 344 $ 301
Portion of rent under long-term operating
leases representative of an interest factor 130 139
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Total fixed charges $ 474 $ 440
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Ratio of earnings to fixed charges 3.52x 3.95x
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