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CONSOLIDATED INCOME STATEMENTS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
[1]
Sep. 30, 2024
Sep. 30, 2023
[1]
Income Statement        
Revenue $ 3,619 $ 3,572 $ 11,001 [1] $ 10,977
Expense        
Labor and Fringe 806 761 2,377 [1] 2,238
Purchased Services and Other 675 700 2,095 [1] 2,088
Depreciation and Amortization 416 403 1,236 [1] 1,202
Fuel 276 349 902 [1] 1,025
Equipment and Other Rents 91 94 260 [1] 266
Losses (Gains) on Property Dispositions 1 (6) (8) [2] (26)
Total Expense 2,265 2,301 6,862 [1] 6,793
Operating Income 1,354 1,271 4,139 [1] 4,184
Interest Expense (206) (203) (625) [1] (605)
Other Income - Net 36 34 105 [1] 106
Earnings Before Income Taxes 1,184 1,102 3,619 [1] 3,685
Income Tax Expense (290) (274) (882) [1] (899)
Net Earnings $ 894 [3] $ 828 $ 2,737 [1] $ 2,786
Per Common Share (Note 2)        
Net Earnings Per Share, Basic (in dollars per share) $ 0.46 $ 0.42 $ 1.41 [1] $ 1.38
Net Earnings Per Share, Assuming Dilution (in dollars per share) $ 0.46 $ 0.41 $ 1.40 [1] $ 1.37
Average Shares Outstanding (in shares) 1,936 1,994 1,946 [1] 2,022
Average Shares Outstanding, Assuming Dilution (in shares) 1,940 1,999 1,950 [1] 2,027
[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.