EX-12.1 2 llc9302016ratioofearn.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)


 
 
Nine Months Ended September 30,
 
 
2016
 
2015
Earnings:
 
 
 
 
   Income before income taxes
 
$
4,129

 
$
5,047

     Add:
 
 
 
 
          Interest and other fixed charges, excluding capitalized interest
 
744

 
683

          Reasonable approximation of portion of rent under long-term operating
          leases representative of an interest factor
 
144

 
149

          Distributed income of investees accounted for under the equity method
 
4

 
5

Amortization of capitalized interest
 
3

 
3

     Less:
 
 
 
 
          Equity in earnings of investments accounted for under the equity method
 
10

 
12

   Total earnings available for fixed charges
 
$
5,014

 
$
5,875

Fixed charges:
 
 
 
 
   Interest and fixed charges
 
$
764

 
$
711

   Reasonable approximation of portion of rent under long-term operating leases
   representative of an interest factor
 
144

 
149

   Total fixed charges
 
$
908

 
$
860

Ratio of earnings to fixed charges
 
5.52x

 
6.83x



E-2