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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
[2]
Current Assets:    
Cash and Cash Equivalents $ 1,238 [1] $ 1,353
Short-term Investments (Note 9) 4 83
Accounts Receivable - Net (Note 8) 1,430 1,393
Materials and Supplies 417 440
Other Current Assets 91 90
Total Current Assets 3,180 3,359
Properties 51,065 50,281
Accumulated Depreciation (16,116) (15,560)
Properties - Net 34,949 34,721
Investment in Affiliates and Other Companies 2,455 2,397
Right-of-Use Lease Asset 505 498
Goodwill and Other Intangible Assets - Net 535 506
Other Long-term Assets 738 731
Total Assets 42,362 42,212
Current Liabilities:    
Accounts Payable 1,192 1,237
Labor and Fringe Benefits Payable 469 517
Casualty, Environmental and Other Reserves (Note 4) 148 144
Current Maturities of Long-term Debt (Note 7) 557 558
Income and Other Taxes Payable 122 524
Other Current Liabilities 251 243
Total Current Liabilities 2,739 3,223
Casualty, Environmental and Other Reserves (Note 4) 299 296
Long-term Debt (Note 7) 17,951 17,975
Deferred Income Taxes - Net 7,716 7,699
Long-term Lease Liability 500 491
Other Long-term Liabilities 537 543
Total Liabilities 29,742 30,227
Shareholders' Equity:    
Common Stock, $1 Par Value 1,939 1,959
Other Capital 758 691
Retained Earnings 10,189 9,609
Accumulated Other Comprehensive Loss (Note 10) (270) (279)
Non-controlling Minority Interest 4 5
Total Shareholders' Equity 12,620 [3] 11,985
Total Liabilities and Shareholders' Equity $ 42,362 $ 42,212
[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.