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CONSOLIDATED INCOME STATEMENTS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement        
Revenue $ 3,699 $ 3,815 $ 7,405 $ 7,228
Expense        
Labor and Fringe 741 684 1,464 1,376
Purchased Services and Other 684 647 1,372 1,322
Depreciation and Amortization 402 369 795 729
Fuel 312 446 676 777
Equipment and Other Rents 90 95 172 195
Gains on Property Dispositions (12) (129) (20) (156)
Total Expense 2,217 2,112 4,459 4,243
Operating Income 1,482 1,703 2,946 2,985
Interest Expense (201) (171) (402) (350)
Other Income - Net 31 26 72 52
Earnings Before Income Taxes 1,312 1,558 2,616 2,687
Income Tax Expense (316) (380) (633) (650)
Net Earnings $ 996 $ 1,178 $ 1,983 $ 2,037
Per Common Share (Note 2)        
Net Earnings Per Share, Basic (in dollars per share) $ 0.49 $ 0.55 $ 0.97 $ 0.94
Net Earnings Per Share, Assuming Dilution (in dollars per share) $ 0.49 $ 0.54 $ 0.97 $ 0.94
Average Shares Outstanding (in shares) 2,020 2,158 2,037 2,173
Average Shares Outstanding, Assuming Dilution (in shares) 2,025 2,163 2,042 2,178