Burlington Northern Santa Fe (BNI) 10-Q 2009 Q3 Quarterly report

Exhibit 12.1

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

	Nine Months Ended
	September 30,
	2009		2008
Earnings:
Income before income taxes	$	1,900	$	2,389
Add:
Interest and other fixed charges, excluding capitalized interest		462		396
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor		204		207
Distributed income of investees accounted for under the equity method		4		4
Amortization of capitalized interest		3		3
Less: Equity in earnings of investments accounted for under the equity method		7		15
Total earnings available for fixed charges	$	2,566	$	2,984
Fixed charges:
Interest and fixed charges	$	476	$	409
Reasonable approximation of portion of rent under long-term operating leases representative of an interest factor		204		207
Total fixed charges	$	680	$	616
Ratio of earnings to fixed charges		3.77x		4.84x

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