XML 27 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues:      
Operating revenues $ 24,119 $ 24,875 $ 21,804
Operating expenses:      
Compensation and benefits 4,818 4,645 4,158
Fuel 2,891 3,439 2,049
Purchased services and materials 2,616 2,442 2,016
Depreciation 2,318 2,246 2,208
Equipment and other rents 947 898 859
Other 1,447 1,288 1,176
Total operating expenses 15,037 14,958 12,466
Operating income 9,082 9,917 9,338
Other income, net (Note 6) 491 426 297
Interest expense (1,340) (1,271) (1,157)
Income before income taxes 8,233 9,072 8,478
Income tax expense (Note 7) (1,854) (2,074) (1,955)
Net income $ 6,379 $ 6,998 $ 6,523
Share and Per Share (Note 8):      
Earnings per share - basic (in dollars per share) $ 10.47 $ 11.24 $ 9.98
Earnings per share - diluted (in dollars per share) $ 10.45 $ 11.21 $ 9.95
Weighted average number of shares - basic (in shares) 609.2 622.7 653.8
Weighted average number of shares - diluted (in shares) 610.2 624.0 655.4
Cargo and Freight [Member]      
Operating revenues:      
Operating revenues $ 22,571 $ 23,159 $ 20,244
Product and Service, Other [Member]      
Operating revenues:      
Operating revenues $ 1,548 $ 1,716 $ 1,560