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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and Cash Equivalents $ 1,936 $ 2,239
Short-term Investments 96 77
Accounts Receivable - Net (Note 8) 1,277 1,148
Materials and Supplies 351 339
Other Current Assets 97 70
Total Current Assets 3,757 3,873
Properties 46,597 46,505
Accumulated Depreciation (13,613) (13,490)
Properties - Net 32,984 33,015
Investment in Affiliates and Other Companies 2,143 2,099
Right-of-Use Lease Asset 496 501
Goodwill and Other Intangible Assets - Net 453 451
Other Long-term Assets 619 592
Total Assets 40,452 40,531
Current Liabilities:    
Accounts Payable 1,050 963
Labor and Fringe Benefits Payable 547 630
Casualty, Environmental and Other Reserves (Note 4) 118 118
Current Maturities of Long-term Debt (Note 7) 317 181
Income and Other Taxes Payable 359 134
Other Current Liabilities 184 207
Total Current Liabilities 2,575 2,233
Casualty, Environmental and Other Reserves (Note 4) 267 250
Long-term Debt (Note 7) 16,019 16,185
Deferred Income Taxes - Net 7,428 7,383
Long-term Lease Liability 476 478
Other Long-term Liabilities 492 502
Total Liabilities 27,257 27,031
Shareholders' Equity:    
Common Stock, $1 Par Value 2,174 2,202 [1]
Other Capital 103 66 [1]
Retained Earnings 11,284 11,630 [1]
Accumulated Other Comprehensive Loss (Note 11) (377) (408)
Non-controlling Minority Interest 11 10
Total Shareholders' Equity 13,195 13,500
Total Liabilities and Shareholders' Equity $ 40,452 $ 40,531
[1] Certain prior year data has been retroactively adjusted to reflect the stock split effective June 28, 2021 or reclassified to conform to the current presentation. See accompanying notes to consolidated financial statements.