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Note 10 - Properties
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

10. 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, 2024

 

Cost

   

Depreciation

   

Value

   

Useful Life

 

Land

  $ 5,429     $ N/A     $ 5,429       N/A  

Road:

                               

Rail and other track material

    18,952       7,420       11,532       46  

Ties

    12,064       3,958       8,106       34  

Ballast

    6,373       2,095       4,278       34  

Other roadway [a]

    23,290       5,450       17,840       47  

Total road

    60,679       18,923       41,756       N/A  

Equipment:

                               

Locomotives

    9,481       3,642       5,839       18  

Freight cars

    2,789       983       1,806       23  

Work equipment and other

    1,335       545       790       17  

Total equipment

    13,605       5,170       8,435       N/A  

Technology and other

    1,394       588       806       12  

Construction in progress

    1,164       -       1,164       N/A  

Total

  $ 82,271     $ 24,681     $ 57,590       N/A  

 

[a]

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

 

Millions, Except Estimated Useful Life

         

Accumulated

   

Net Book

   

Estimated

 

As of December 31, 2023

 

Cost

   

Depreciation

   

Value

   

Useful Life

 

Land

  $ 5,426     $ N/A     $ 5,426       N/A  

Road:

                               

Rail and other track material

    18,837       7,344       11,493       42  

Ties

    11,985       3,895       8,090       34  

Ballast

    6,345       2,061       4,284       34  

Other roadway [a]

    23,175       5,368       17,807       47  

Total road

    60,342       18,668       41,674       N/A  

Equipment:

                               

Locomotives

    9,295       3,591       5,704       18  

Freight cars

    2,765       956       1,809       23  

Work equipment and other

    1,344       546       798       17  

Total equipment

    13,404       5,093       8,311       N/A  

Technology and other

    1,388       574       814       12  

Construction in progress

    1,173       -       1,173       N/A  

Total

  $ 81,733     $ 24,335     $ 57,398       N/A  

 

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