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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 956 $ 1,958
Short-term Investments 78 129
Accounts Receivable - Net (Note 8) 1,327 1,313
Materials and Supplies 427 341
Other Current Assets 123 108
Total Current Assets 2,911 3,849
Properties 48,970 48,105
Accumulated Depreciation (14,493) (13,863)
Properties - Net 34,477 34,242
Investment in Affiliates and Other Companies 2,338 2,292
Right-of-Use Lease Asset 495 505
Goodwill and Other Intangible Assets - Net 511 502
Other Long-term Assets 485 522
Total Assets 41,217 41,912
Current Liabilities:    
Accounts Payable 1,120 1,130
Labor and Fringe Benefits Payable 444 707
Casualty, Environmental and Other Reserves (Note 4) 138 144
Current Maturities of Long-term Debt (Note 7) 10 151
Income and Other Taxes Payable 136 111
Other Current Liabilities 207 228
Total Current Liabilities 2,055 2,471
Casualty, Environmental and Other Reserves (Note 4) 299 292
Long-term Debt (Note 7) 17,898 17,896
Deferred Income Taxes - Net 7,662 7,569
Long-term Lease Liability 485 488
Other Long-term Liabilities 544 571
Total Liabilities 28,943 29,287
Shareholders' Equity:    
Common Stock, $1 Par Value 2,006 2,066
Other Capital 624 574
Retained Earnings 10,030 10,363
Accumulated Other Comprehensive Loss (Note 10) (390) (388)
Non-controlling Minority Interest 4 10
Total Shareholders' Equity 12,274 12,625
Total Liabilities and Shareholders' Equity $ 41,217 $ 41,912