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CONSOLIDATED INCOME STATEMENTS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
[1]
Jun. 30, 2024
[1]
Jun. 30, 2023
Income Statement        
Revenue $ 3,701 $ 3,699 $ 7,382 $ 7,405 [1]
Expense        
Labor and Fringe 766 748 1,571 1,477 [1]
Purchased Services and Other 699 691 1,420 1,388 [1]
Depreciation and Amortization 410 404 820 799 [2]
Fuel 301 312 626 676 [1]
Equipment and Other Rents 85 90 169 172 [1]
Gains on Property Dispositions (8) (12) (9) (20) [2]
Total Expense 2,253 2,233 4,597 4,492 [1]
Operating Income 1,448 1,466 2,785 2,913 [1]
Interest Expense (209) (201) (419) (402) [1]
Other Income - Net 28 31 69 72 [1]
Earnings Before Income Taxes 1,267 1,296 2,435 2,583 [1]
Income Tax Expense (304) (312) (592) (625) [1]
Net Earnings $ 963 [3] $ 984 $ 1,843 $ 1,958 [1]
Per Common Share (Note 2)        
Net Earnings Per Share, Basic (in dollars per share) $ 0.50 $ 0.49 $ 0.94 $ 0.96 [1]
Net Earnings Per Share, Assuming Dilution (in dollars per share) $ 0.49 $ 0.49 $ 0.94 $ 0.96 [1]
Average Shares Outstanding (in shares) 1,944 2,020 1,951 2,037 [1]
Average Shares Outstanding, Assuming Dilution (in shares) 1,948 2,025 1,955 2,042 [1]
[1] See Note 11, Revision of Prior Period Financial Statements.
[2] See Note 11, Revision of Prior Period Financial Statements.
[3] See Note 11, Revision of Prior Period Financial Statements.