EX-12.1 2 ratioofearningstofixedchar.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit


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,
 
 
2016
 
2015
Earnings:
 
 
 
 
   Income before income taxes
 
$
1,258

 
$
1,672

     Add:
 
 
 
 
          Interest and other fixed charges, excluding capitalized interest
 
245

 
217

          Reasonable approximation of portion of rent under long-term operating
          leases representative of an interest factor
 
49

 
51

          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
 
1

 
3

   Total earnings available for fixed charges
 
$
1,554

 
$
1,940

Fixed charges:
 
 
 
 
   Interest and fixed charges
 
$
251

 
$
227

   Reasonable approximation of portion of rent under long-term operating leases
   representative of an interest factor
 
49

 
51

   Total fixed charges
 
$
300

 
$
278

Ratio of earnings to fixed charges
 
5.18x

 
6.98x



E-2