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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating revenues:        
Operating revenues $ 6,269 $ 5,504 $ 12,129 $ 10,505
Operating expenses:        
Compensation and benefits 1,092 1,022 2,193 2,048
Fuel 940 497 1,654 908
Purchased services and materials 622 478 1,183 968
Depreciation 559 550 1,114 1,099
Equipment and other rents 230 200 445 412
Other 331 284 668 604
Total operating expenses 3,774 3,031 7,257 6,039
Operating income 2,495 2,473 4,872 4,466
Other income, net (Note 6) 163 125 210 176
Interest expense (316) (282) (623) (572)
Income before income taxes 2,342 2,316 4,459 4,070
Income taxes (Note 7) (507) (518) (994) (931)
Net income $ 1,835 $ 1,798 $ 3,465 $ 3,139
Share and Per Share (Note 8):        
Earnings per share - basic (in dollars per share) $ 2.93 $ 2.73 $ 5.51 $ 4.73
Earnings per share - diluted (in dollars per share) $ 2.93 $ 2.72 $ 5.50 $ 4.72
Weighted average number of shares - basic (in shares) 625.6 658.5 628.9 663.1
Weighted average number of shares - diluted (in shares) 626.8 660.1 630.2 664.7
Cargo and Freight [Member]        
Operating revenues:        
Operating revenues $ 5,842 $ 5,132 $ 11,282 $ 9,781
Product and Service, Other [Member]        
Operating revenues:        
Operating revenues $ 427 $ 372 $ 847 $ 724