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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues:        
Operating revenues $ 6,566 $ 5,566 $ 18,695 $ 16,071
Operating expenses:        
Compensation and benefits 1,278 1,040 3,471 3,088
Fuel 932 544 2,586 1,452
Purchased services and materials 626 510 1,809 1,478
Depreciation 563 553 1,677 1,652
Equipment and other rents 215 217 660 629
Other 319 270 987 874
Total operating expenses 3,933 3,134 11,190 9,173
Operating income 2,633 2,432 7,505 6,898
Other income, net (Note 6) 124 38 334 214
Interest expense (315) (290) (938) (862)
Income before income taxes 2,442 2,180 6,901 6,250
Income taxes (Note 7) (547) (507) (1,541) (1,438)
Net income $ 1,895 $ 1,673 $ 5,360 $ 4,812
Share and Per Share (Note 8):        
Earnings per share - basic (in dollars per share) $ 3.05 $ 2.58 $ 8.56 $ 7.31
Earnings per share - diluted (in dollars per share) $ 3.05 $ 2.57 $ 8.54 $ 7.29
Weighted average number of shares - basic (in shares) 620.4 648.7 626.1 658.3
Weighted average number of shares - diluted (in shares) 621.5 650.3 627.4 659.9
Cargo and Freight [Member]        
Operating revenues:        
Operating revenues $ 6,109 $ 5,166 $ 17,391 $ 14,947
Product and Service, Other [Member]        
Operating revenues:        
Operating revenues $ 457 $ 400 $ 1,304 $ 1,124