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Revenues
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
The Company’s revenues are primarily derived from the transportation of freight as performance obligations that arise from its contracts with customers are satisfied. 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:

First Quarters
(Dollars in millions)20232022
Chemicals$650 $618 
Agricultural and Food Products437 387 
Automotive274 227 
Forest Products261 228 
Metals and Equipment239 197 
Minerals173 144 
Fertilizers129 120 
Total Merchandise2,163 1,921 
Coal633 533 
Intermodal499 527 
Trucking233 230 
Other178 202 
Total$3,706 $3,413 

The Company’s accounts receivable - net consists of freight and non-freight receivables, reduced by an allowance for credit losses. Freight receivables include amounts earned, billed and unbilled, and currently due from customers for transportation-related services. Non-freight receivables include amounts billed and unbilled and currently due related to government reimbursement receivables and other non-revenue receivables. As of March 31, 2023, non-freight receivables includes $42 million related to an insurance recovery recognized in first quarter 2023.
(Dollars in millions)March 31,
2023		December 31,
2022
Freight Receivables $1,056 $1,067 
Freight Allowance for Credit Losses(17)(16)
Freight Receivables, net1,039 1,051 
Non-Freight Receivables 356 279 
Non-Freight Allowance for Credit Losses(18)(17)
Non-Freight Receivables, net 338 262 
Total Accounts Receivable, net$1,377 $1,313 

The Company maintains an allowance for credit losses to provide for the estimated amount of receivables that will not be collected. The allowance is based upon an assessment of risk characteristics, historical payment experience, and the age of outstanding receivables adjusted for forward-looking economic conditions as necessary. Credit losses recognized on the Company’s accounts receivable were not material in the first quarters 2023 and 2022.