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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and Cash Equivalents $ 724 $ 2,239
Short-term Investments 88 77
Accounts Receivable - Net (Note 8) 1,489 1,148
Materials and Supplies 379 339
Other Current Assets 104 70
Total Current Assets 2,784 3,873
Properties 47,446 46,505
Accumulated Depreciation (13,802) (13,490)
Properties - Net 33,644 33,015
Investment in Affiliates and Other Companies 2,252 2,099
Right-of-Use Lease Asset 489 501
Goodwill and Other Intangible Assets - Net 557 451
Other Long-term Assets 640 592
Total Assets 40,366 40,531
Current Liabilities:    
Accounts Payable 1,055 963
Labor and Fringe Benefits Payable 615 630
Casualty, Environmental and Other Reserves (Note 4) 113 118
Current Maturities of Long-term Debt (Note 7) 236 181
Income and Other Taxes Payable 177 134
Other Current Liabilities 197 207
Total Current Liabilities 2,393 2,233
Casualty, Environmental and Other Reserves (Note 4) 290 250
Long-term Debt (Note 7) 15,974 16,185
Deferred Income Taxes - Net 7,592 7,383
Long-term Lease Liability 473 478
Other Long-term Liabilities 503 502
Total Liabilities 27,225 27,031
Shareholders' Equity:    
Common Stock, $1 Par Value 2,141 2,202
Other Capital 534 66
Retained Earnings 10,794 11,630
Accumulated Other Comprehensive Loss (Note 10) (338) (408)
Non-controlling Minority Interest 10 10
Total Shareholders' Equity 13,141 13,500
Total Liabilities and Shareholders' Equity $ 40,366 $ 40,531