Union Pacific 8-K 2008
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 22, 2008
Union Pacific Corporation
(Exact name of registrant as specified in its charter)
(Registrants telephone number, including area code): (402) 544-5000
(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 (see General Instruction A.2. below):
On July 22, 2008, the United States Department of Justice issued a press release regarding its settlement agreement with Union Pacific Railroad Company (the Railroad), the principal operating subsidiary of Union Pacific Corporation (the Company), for claims arising out of the August 17, 2000 fire near Storrie, California.
The settlement amount of $102 million will not affect the Companys 2008 earnings or cash flow. The Railroad incurred a $10 million liability at the time of the fire, and insurance proceeds will cover the balance of the settlement.
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.
Dated: July 22, 2008