XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating revenues:        
Revenue from contract with customer excluding assessed tax $ 3,972 $ 5,236 $ 8,852 $ 10,246
Total operating revenues 4,244 5,596 9,473 10,980
Operating expenses:        
Compensation and benefits 905 1,145 1,964 2,350
Depreciation 551 551 1,098 1,100
Purchased services and materials 441 573 962 1,149
Fuel 247 560 681 1,091
Equipment and other rents 211 260 438 518
Other 235 247 533 552
Total operating expenses 2,590 3,336 5,676 6,760
Operating income 1,654 2,260 3,797 4,220
Other income (Note 6) 131 57 184 134
Interest expense (289) (259) (567) (506)
Income before income taxes 1,496 2,058 3,414 3,848
Income taxes (364) (488) (808) (887)
Net income $ 1,132 $ 1,570 $ 2,606 $ 2,961
Share and Per Share (Note 8):        
Earnings per share - basic $ 1.67 $ 2.23 $ 3.83 $ 4.16
Earnings per share - diluted $ 1.67 $ 2.22 $ 3.82 $ 4.15
Weighted average number of shares - basic 677.7 705.5 681.0 711.2
Weighted average number of shares - diluted 679.2 708.0 682.7 713.8
Cargo and Freight [Member]        
Operating revenues:        
Revenue from contract with customer excluding assessed tax $ 3,972 $ 5,236 $ 8,852 $ 10,246
Other [Member]        
Operating revenues:        
Revenue from contract with customer excluding assessed tax $ 272 $ 360 $ 621 $ 734