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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Railway operating revenues $ 12,156 $ 12,745 $ 11,142
Railway operating expenses      
Compensation and benefits 2,819 2,621 2,442
Purchased services and rents 2,070 1,922 1,726
Fuel 1,170 1,459 799
Depreciation 1,298 1,221 1,181
Materials and other 832 713 547
Eastern Ohio incident 1,116 0 0
Total railway operating expenses 9,305 7,936 6,695
Income from railway operations 2,851 4,809 4,447
Other income – net 191 13 77
Interest expense on debt 722 692 646
Income before income taxes 2,320 4,130 3,878
Income taxes 493 860 873
Net income $ 1,827 $ 3,270 $ 3,005
Earnings per share      
Basic (in dollars per share) $ 8.04 $ 13.92 $ 12.16
Diluted (in dollars per share) $ 8.02 $ 13.88 $ 12.11