Revenues (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Revenues Disaggregated by Lines of Business

The following table presents the Company’s revenues disaggregated by market as this best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors:

	Second Quarters				Six Months
(Dollars in millions)	2020		2019		2020		2019
Chemicals(a)	$	531	$	592	$	1,157	$	1,180
Agricultural and Food Products	311		358		676		702
Forest Products(a)	194		218		411		430
Metals and Equipment(a)	142		188		341		377
Minerals(a)	134		147		261		272
Fertilizers	103		112		215		222
Automotive	93		329		374		640
Total Merchandise	1,508		1,944		3,435		3,823
Coal	287		557		692		1,095
Intermodal	359		436		781		864
Other	101		124		202		292
Total	$	2,255	$	3,061	$	5,110	$	6,074

(a) In first quarter 2020, changes were made in the categorization of certain lines of business, impacting Chemicals, Forest Products, Metals and Equipment, and Minerals. The impacts were not material and prior periods have been reclassified to conform to the current presentation.

Schedule of Accounts Receivable

The Company’s accounts receivable - net consists of freight and non-freight receivables, reduced by an allowance for credit losses.

(Dollars in millions)	June 30, 2020		December 31, 2019
Freight Receivables	$	644	$	790
Freight Allowance for Credit Losses	(17)		(21)
Freight Receivables, net	627		769
Non-Freight Receivables	244		226
Non-Freight Allowance for Credit Losses	(11)		(9)
Non-Freight Receivables, net	233		217
Total Accounts Receivable, net	$	860	$	986