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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,115 $ 1,799
Short-term investments (Note 13) 46 60
Accounts receivable, net (Note 10) 1,666 1,505
Materials and supplies 688 638
Other current assets 249 212
Total current assets 3,764 4,214
Investments 2,277 2,164
Properties, net (Note 11) 54,148 54,161
Operating lease assets 1,635 1,610
Other assets 249 249
Total assets 62,073 62,398
Current liabilities:    
Accounts payable and other current liabilities (Note 12) 3,247 3,104
Debt due within one year (Note 14) 1,110 1,069
Total current liabilities 4,357 4,173
Debt due after one year (Note 14) 27,702 25,660
Operating lease liabilities 1,256 1,283
Deferred income taxes 12,389 12,247
Other long-term liabilities 2,066 2,077
Commitments and contingencies (Note 15)
Total liabilities 47,770 45,440
Common shareholders' equity:    
Common shares, $2.50 par value, 1,400,000,000 authorized; 1,112,456,322 and 1,112,227,784 issued; 652,954,892 and 671,351,360 outstanding, respectively 2,781 2,781
Paid-in-surplus 4,499 4,864
Retained earnings 53,116 51,326
Treasury stock (44,542) (40,420)
Accumulated other comprehensive loss (Note 9) (1,551) (1,593)
Total common shareholders' equity 14,303 16,958
Total liabilities and common shareholders' equity $ 62,073 $ 62,398