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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
[2]
Current Assets:    
Cash and Cash Equivalents $ 933 [1] $ 1,353
Short-term Investments 72 83
Accounts Receivable - Net (Note 11) 1,326 1,393
Materials and Supplies 414 440
Other Current Assets 75 90
Total Current Assets 2,820 3,359
Properties 52,191 50,281
Accumulated Depreciation (16,533) (15,560)
Properties - Net (Note 6) 35,658 34,721
Investment in Affiliates and Other Companies (Note 15) 2,520 2,397
Right of Use Lease Asset (Note 7) 487 498
Goodwill and Other Intangible Assets - Net (Note 19) 433 506
Other Long-term Assets 846 731
Total Assets 42,764 42,212
Current Liabilities:    
Accounts Payable 1,290 1,237
Labor and Fringe Benefits Payable 480 517
Casualty, Environmental and Other Reserves (Note 5) 149 144
Current Maturities of Long-term Debt (Note 10) 606 558
Income and Other Taxes Payable 508 524
Other Current Liabilities 243 243
Total Current Liabilities 3,276 3,223
Casualty, Environmental and Other Reserves (Note 5) 313 296
Long-term Debt (Note 10) 17,897 17,975
Deferred Income Taxes - Net (Note 12) 7,725 7,699
Long-term Lease Liability (Note 7) 486 491
Other Long-term Liabilities 560 543
Total Liabilities 30,257 30,227
Shareholders' Equity:    
Common Stock, $1 Par Value (Note 3) 1,900 1,959
Other Capital 846 691
Retained Earnings 9,988 9,609
Accumulated Other Comprehensive Loss (Note 16) (232) (279)
Non-controlling Minority Interest 5 5
Total Shareholders' Equity 12,507 [3] 11,985
Total Liabilities and Shareholders' Equity $ 42,764 $ 42,212
[1] See Note 20, Revision of Prior Period Financial Statements.
[2] See Note 20, Revision of Prior Period Financial Statements.
[3] See Note 20, Revision of Prior Period Financial Statements.