Revenues (Tables)

6 Months Ended

Jun. 30, 2021

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)	2021		2020		2021		2020
Chemicals	$	606	$	531	$	1,186	$	1,157
Agricultural and Food Products	370		311		719		676
Forest Products(a)	233		197		453		416
Automotive	216		93		452		374
Metals and Equipment	204		142		390		341
Minerals	152		134		277		261
Fertilizers(a)	122		100		244		210
Total Merchandise	1,903		1,508		3,721		3,435
Intermodal	511		359		979		781
Coal	423		287		807		692
Other	153		101		296		202
Total	$	2,990	$	2,255	$	5,803	$	5,110

(a) Effective first quarter 2021, changes were made in the categorization of certain lines of business, impacting Forest Products and Fertilizers. 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, 2021		December 31, 2020
Freight Receivables	$	821	$	716
Freight Allowance for Credit Losses	(14)		(16)
Freight Receivables, net	807		700
Non-Freight Receivables	397		224
Non-Freight Allowance for Credit Losses	(12)		(12)
Non-Freight Receivables, net	385		212
Total Accounts Receivable, net	$	1,192	$	912