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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Railway operating revenues $ 3,051 $ 2,971 $ 9,099 $ 9,083
Railway operating expenses        
Compensation and benefits 690 715 2,126 2,098
Purchased services and rents 497 517 1,541 1,519
Fuel 216 289 757 867
Depreciation 339 326 1,011 968
Materials and other (188) 205 200 622
Restructuring and other charges 60 0 156 0
Eastern Ohio incident (159) 163 368 966
Total railway operating expenses 1,455 2,215 6,159 7,040
Income from railway operations 1,596 756 2,940 2,043
Other income – net 34 40 69 153
Interest expense on debt 203 182 608 527
Income before income taxes 1,427 614 2,401 1,669
Income taxes 328 136 512 369
Net income $ 1,099 $ 478 $ 1,889 $ 1,300
Earnings per share        
Basic (in dollars per share) $ 4.86 $ 2.11 $ 8.35 $ 5.71
Diluted (in dollars per share) $ 4.85 $ 2.10 $ 8.34 $ 5.70