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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating revenues:        
Operating revenues $ 6,007 $ 5,963 $ 12,038 $ 12,019
Operating expenses:        
Compensation and benefits 1,187 1,269 2,410 2,448
Fuel 625 664 1,283 1,430
Purchased services and materials 644 650 1,257 1,303
Depreciation 596 577 1,190 1,149
Equipment and other rents 219 248 435 483
Other 336 351 691 708
Total operating expenses 3,607 3,759 7,266 7,521
Operating income 2,400 2,204 4,772 4,498
Other income, net (Note 6) 103 93 195 277
Interest expense (319) (339) (643) (675)
Income before income taxes 2,184 1,958 4,324 4,100
Income tax expense (Note 7) (511) (389) (1,010) (901)
Net income $ 1,673 $ 1,569 $ 3,314 $ 3,199
Share and per share (Note 8):        
Earnings per share - basic (in dollars per share) $ 2.75 $ 2.58 $ 5.44 $ 5.25
Earnings per share - diluted (in dollars per share) $ 2.74 $ 2.57 $ 5.43 $ 5.24
Weighted average number of shares - basic (in shares) 609.4 608.7 609.3 609.6
Weighted average number of shares - diluted (in shares) 610.3 609.5 610.3 610.5
Cargo and Freight [Member]        
Operating revenues:        
Operating revenues $ 5,638 $ 5,569 $ 11,254 $ 11,225
Product and Service, Other [Member]        
Operating revenues:        
Operating revenues $ 369 $ 394 $ 784 $ 794