Revenues (Tables)

9 Months Ended

Sep. 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:

	Third Quarters				Nine Months
(Dollars in millions)	2020		2019		2020		2019
Chemicals(a)	$	566	$	590	$	1,723	$	1,770
Agricultural and Food Products	335		354		1,011		1,056
Automotive	271		297		645		937
Forest Products(a)	206		222		617		652
Metals and Equipment(a)	159		195		500		572
Minerals(a)	144		147		405		419
Fertilizers	96		101		311		323
Total Merchandise	1,777		1,906		5,212		5,729
Coal	330		516		1,022		1,611
Intermodal	445		447		1,226		1,311
Other	96		109		298		401
Total	$	2,648	$	2,978	$	7,758	$	9,052

(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)	September 30, 2020		December 31, 2019
Freight Receivables	$	756	$	790
Freight Allowance for Credit Losses	(16)		(21)
Freight Receivables, net	740		769
Non-Freight Receivables	250		226
Non-Freight Allowance for Credit Losses	(10)		(9)
Non-Freight Receivables, net	240		217
Total Accounts Receivable, net	$	980	$	986