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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and Cash Equivalents $ 1,139 $ 933
Short-term Investments (Note 9) 8 72
Accounts Receivable - Net (Note 8) 1,348 1,326
Materials and Supplies 438 414
Other Current Assets 87 75
Total Current Assets 3,020 2,820
Properties 52,674 52,191
Accumulated Depreciation (16,816) (16,533)
Properties - Net 35,858 35,658
Investment in Affiliates and Other Companies 2,537 2,520
Right-of-Use Lease Asset 486 487
Goodwill and Other Intangible Assets - Net 430 433
Other Long-term Assets 868 846
Total Assets 43,199 42,764
Current Liabilities:    
Accounts Payable 1,315 1,290
Labor and Fringe Benefits Payable 391 480
Casualty, Environmental and Other Reserves (Note 4) 146 149
Current Maturities of Long-term Debt (Note 7) 605 606
Income and Other Taxes Payable 685 508
Other Current Liabilities 279 243
Total Current Liabilities 3,421 3,276
Casualty, Environmental and Other Reserves (Note 4) 319 313
Long-term Debt (Note 7) 18,521 17,897
Deferred Income Taxes - Net 7,739 7,725
Long-term Lease Liability 489 486
Other Long-term Liabilities 535 560
Total Liabilities 31,024 30,257
Shareholders' Equity:    
Common Stock, $1 Par Value 1,878 1,900
Other Capital 864 846
Retained Earnings 9,655 9,988
Accumulated Other Comprehensive Loss (Note 10) (227) (232)
Non-controlling Minority Interest 5 5
Total Shareholders' Equity 12,175 12,507
Total Liabilities and Shareholders' Equity $ 43,199 $ 42,764