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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 1,291 $ 1,958
Short-term Investments 178 129
Accounts Receivable - Net (Note 8) 1,377 1,313
Materials and Supplies 394 341
Other Current Assets 115 108
Total Current Assets 3,355 3,849
Properties 48,441 48,105
Accumulated Depreciation (14,148) (13,863)
Properties - Net 34,293 34,242
Investment in Affiliates and Other Companies 2,313 2,292
Right-of-Use Lease Asset 489 505
Goodwill and Other Intangible Assets - Net 500 502
Other Long-term Assets 528 522
Total Assets 41,478 41,912
Current Liabilities:    
Accounts Payable 1,203 1,130
Labor and Fringe Benefits Payable 367 707
Casualty, Environmental and Other Reserves (Note 4) 151 144
Current Maturities of Long-term Debt (Note 7) 11 151
Income and Other Taxes Payable 361 111
Other Current Liabilities 228 228
Total Current Liabilities 2,321 2,471
Casualty, Environmental and Other Reserves (Note 4) 287 292
Long-term Debt (Note 7) 17,911 17,896
Deferred Income Taxes - Net 7,605 7,569
Long-term Lease Liability 478 488
Other Long-term Liabilities 542 571
Total Liabilities 29,144 29,287
Shareholders' Equity:    
Common Stock, $1 Par Value 2,033 2,066
Other Capital 587 574
Retained Earnings 10,092 10,363
Accumulated Other Comprehensive Loss (Note 10) (386) (388)
Non-controlling Minority Interest 8 10
Total Shareholders' Equity 12,334 12,625
Total Liabilities and Shareholders' Equity $ 41,478 $ 41,912