0001341004-11-001996.txt : 20111114 0001341004-11-001996.hdr.sgml : 20111111 20111114091323 ACCESSION NUMBER: 0001341004-11-001996 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111114 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111114 DATE AS OF CHANGE: 20111114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORFOLK SOUTHERN CORP CENTRAL INDEX KEY: 0000702165 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 521188014 STATE OF INCORPORATION: VA FISCAL YEAR END: 0711 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08339 FILM NUMBER: 111198188 BUSINESS ADDRESS: STREET 1: THREE COMMERCIAL PL CITY: NORFOLK STATE: VA ZIP: 23510-2191 BUSINESS PHONE: 7576292680 MAIL ADDRESS: STREET 1: THREE COMMERCIAL PL CITY: NORFOLK STATE: VA ZIP: 23510-2191 8-K 1 form8-k.htm FORM 8-K form8-k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________________

FORM 8-K
_____________________

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
November 14, 2011 (November 14, 2011)

NORFOLK SOUTHERN CORPORATION
 (Exact Name of Registrant as Specified in its Charter)

Virginia
1-8339
52-1188014
(State or Other Jurisdiction of Incorporation)
(Commission
File Number)
(I.R.S. Employer Identification No.)
 
Three Commercial Place
Norfolk, Virginia
23510-9241
(Address of principal executive offices)
(757) 629-2680
(Registrant’s telephone number, including area code)

No Change
 (Former Name or Former Address, if Changed Since Last Report)


 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 
 

Item 8.01.    Other Events
 
This Current Report on Form 8-K (this “Report”) is filed for the purpose of incorporating the contents of this Report in the Registration Statement on Form S-3 (No. 333-158240) (the “Registration Statement”) and filing the attached Exhibit No. 12.1 as an exhibit to the Registration Statement.


Item 9.01.     Financial Statements and Exhibits
 
(d) Exhibits

The following exhibits are filed as part of this Report:

Exhibit Number
Description
12.1
Computation of Ratio of Earnings to Fixed Charges for the nine month period ended September 30, 2011 and each of the five fiscal years in the five-year period ended December 31, 2010.
 


 
 
 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

   
NORFOLK SOUTHERN CORPORATION
   
(Registrant)
         
         
   
By:
 /s/ Howard D. McFadden
     
Name: Howard D. McFadden
     
Title: Corporate Secretary
 



Date: November 14, 2011


 
 
 

EXHIBIT INDEX

Exhibit Number
Description
12.1
Computation of Ratio of Earnings to Fixed Charges for the nine month period ended September 30, 2011 and each of the five fiscal years in the five-year period ended December 31, 2010.
 


 
 
 
EX-12.1 2 exh12-1.htm EXHIBIT 12.1 exh12-1.htm
 
Exhibit 12.1
 
NORFOLK SOUTHERN CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
($ in millions)
 
   
 Nine months ended
     Year ended December 31,  
     September 30, 2011      2010     2009      2008      2007      2006  
EARNINGS
                                    
Income from continuing operations before income taxes as reported
   $ 2,195     $ 2,367     $ 1,622     $ 2,750     $ 2,237     $ 2,230  
                                                 
Add (subtract):
                                                
Total interest expenses (as detailed below)
     376       517       499       491       520       548  
Amortization of capitalized interest
     7       8       7       6       6       5  
Income of partially owned entities(1)
     (31 )     (43 )     (36 )     (40 )     (57 )     (48 )
                                                 
Total earnings
   $ 2,547     $ 2,849     $ 2,092     $ 3,207     $ 2,706     $ 2,735  
                                                 
FIXED CHARGES
                                                
Interest expense on debt                                                 
   $ 339     $ 462     $ 467     $ 444     $ 441     $ 476  
Interest expense on unrecognized tax benefit
     (9 )     1       (6 )     (15 )     12       --  
Other interest expense                                                 
     8       16       1       17       15       17  
Calculated interest portion of rent expense(2)
     38       38       37       45       52       55  
                                                 
Total interest expenses                                                 
     376       517       499       491       520       548  
                                                 
Capitalized interest
     13       15       17       15       14       13  
                                                 
Total fixed charges 
   $ 389     $ 532     $ 516     $ 506     $ 534     $ 561  
                                                 
RATIO OF EARNINGS TO FIXED CHARGES
     6.55       5.36       4.05       6.34       5.07       4.88  
 
(1)
Represents undistributed income of equity investees included in income from continuing operations before income taxes as reported.
 
(2)
Interest component of leases includes one-third of rental expense which approximates the interest component of operating leases.