EX-12.1 2 ratioofearningstofixedchar.htm EXHIBIT 12.1 Ratio of Earnings to Fixed Charges (Exhibit 12.1) LLC -3/31


Exhibit 12.1

BURLINGTON NORTHERN SANTA FE, LLC and SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratio amounts)
(Unaudited)


 
 
Three Months Ended March 31,
 
 
2015
 
2014
Earnings:
 
 
 
 
   Income before income taxes
$
1,672

$
1,169

     Add:
 
 
 
 
          Interest and other fixed charges, excluding capitalized interest
 
217

 
196

          Reasonable approximation of portion of rent under long-term operating
          leases representative of an interest factor
 
51

 
49

          Distributed income of investees accounted for under the equity method
 
2

 
2

Amortization of capitalized interest
 
1

 
1

     Less:
 
 
 
 
          Equity in earnings of investments accounted for under the equity method
 
3

 
4

   Total earnings available for fixed charges
$
1,940

$
1,413

Fixed charges:
 
 
 
 
   Interest and fixed charges
$
227

$
202

   Reasonable approximation of portion of rent under long-term operating leases
   representative of an interest factor
 
51

 
49

   Total fixed charges
$
278

$
251

Ratio of earnings to fixed charges
 
6.98x

 
5.63x



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