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Note 9 - Properties
3 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

 

9. Properties

 

The following tables list the major categories of property and equipment, as well as the weighted-average estimated useful life for each category (in years):

 

Millions, Except Estimated Useful Life

         

Accumulated

   

Net Book

   

Estimated

 

As of March 31, 2023

 

Cost

   

Depreciation

   

Value

   

Useful Life

 

Land

  $ 5,353       N/A     $ 5,353       N/A  

Road:

                               

Rail and other track material

    18,532       7,157       11,375       42  

Ties

    11,764       3,752       8,012       34  

Ballast

    6,254       1,979       4,275       34  

Other roadway [a]

    22,570       5,069       17,501       47  

Total road

    59,120       17,957       41,163       N/A  

Equipment:

                               

Locomotives

    9,221       3,684       5,537       18  

Freight cars

    2,621       914       1,707       23  

Work equipment and other

    1,278       490       788       17  

Total equipment

    13,120       5,088       8,032       N/A  

Technology and other

    1,274       522       752       12  

Construction in progress

    974       -       974       N/A  

Total

  $ 79,841     $ 23,567     $ 56,274       N/A  

 

Millions, Except Estimated Useful Life

         

Accumulated

   

Net Book

   

Estimated

 

As of December 31, 2022

 

Cost

   

Depreciation

   

Value

   

Useful Life

 

Land

  $ 5,344     $ N/A     $ 5,344       N/A  

Road:

                               

Rail and other track material

    18,419       7,096       11,323       43  

Ties

    11,676       3,699       7,977       34  

Ballast

    6,222       1,950       4,272       34  

Other roadway [a]

    22,411       4,970       17,441       47  

Total road

    58,728       17,715       41,013       N/A  

Equipment:

                               

Locomotives

    9,166       3,606       5,560       18  

Freight cars

    2,562       898       1,664       23  

Work equipment and other

    1,253       473       780       17  

Total equipment

    12,981       4,977       8,004       N/A  

Technology and other

    1,254       525       729       12  

Construction in progress

    948       -       948       N/A  

Total

  $ 79,255     $ 23,217     $ 56,038       N/A  

 

[a] Other roadway includes grading, bridges and tunnels, signals, buildings, and other road assets.