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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Railway operating revenues $ 3,250 $ 2,799 $ 6,165 $ 5,438
Railway operating expenses        
Compensation and benefits 614 624 1,233 1,235
Purchased services and rents 481 429 918 822
Fuel 408 188 709 365
Depreciation 304 294 606 586
Materials and other 172 97 343 248
Total railway operating expenses 1,979 1,632 3,809 3,256
Income from railway operations 1,271 1,167 2,356 2,182
Other income (expense) – net (14) 35 (19) 42
Interest expense on debt 170 161 338 317
Income before income taxes 1,087 1,041 1,999 1,907
Income taxes 268 222 477 415
Net income $ 819 $ 819 $ 1,522 $ 1,492
Earnings per share        
Basic (in dollars per share) $ 3.46 $ 3.29 $ 6.39 $ 5.96
Diluted (in dollars per share) $ 3.45 $ 3.28 $ 6.37 $ 5.94