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CONSOLIDATED INCOME STATEMENTS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement        
Revenue $ 3,061 $ 3,102 $ 6,074 $ 5,978
Expense        
Labor and Fringe 648 669 1,320 1,365
Materials, Supplies and Other 455 469 933 951
Depreciation 337 329 667 652
Fuel 234 270 467 525
Equipment and Other Rents 103 112 203 213
Equity Earnings of Affiliates (21) (30) (40) (55)
Total Expense 1,756 1,819 3,550 3,651
Operating Income 1,305 1,283 2,524 2,327
Interest Expense (184) (157) (362) (306)
Other Income - Net 25 18 48 35
Earnings Before Income Taxes 1,146 1,144 2,210 2,056
Income Tax Expense (276) (267) (506) (484)
Net Earnings $ 870 $ 877 $ 1,704 $ 1,572
Per Common Share        
Net Earnings Per Share, Basic (in dollars per share) $ 1.08 $ 1.02 $ 2.10 $ 1.80
Net Earnings Per Share, Assuming Dilution (in dollars per share) $ 1.08 $ 1.01 $ 2.10 $ 1.79
Average Shares Outstanding (in shares) 805 864 810 875
Average Shares Outstanding, Assuming Dilution (in shares) 807 868 812 878