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Revenues (Tables)
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues Disaggregated by Lines of Business 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:
Second QuartersSix Months
(Dollars in Millions)
2024202320242023
Chemicals$722 $642 $1,415 $1,292 
Agricultural and Food Products406 415 813 852 
Automotive336 323 629 597 
Forest Products269 257 531 518 
Metals and Equipment230 240 450 479 
Minerals207 191 381 364 
Fertilizers126 128 262 257 
Total Merchandise2,296 2,196 4,481 4,359 
Coal563 637 1,195 1,270 
Intermodal506 492 1,012 991 
Trucking221 227 436 460 
Other115 147 258 325 
Total$3,701 $3,699 $7,382 $7,405 
Schedule of Accounts Receivable, Net
(Dollars in Millions)
June 30,
2024
December 31,
2023
Freight Receivables $1,069 $1,047 
Freight Allowance for Credit Losses(17)(18)
Freight Receivables - Net1,052 1,029 
Non-Freight Receivables 392 378 
Non-Freight Allowance for Credit Losses(14)(14)
Non-Freight Receivables - Net 378 364 
Total Accounts Receivable - Net$1,430 $1,393