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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES    
Net income $ 2,440 $ 2,063
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,408 1,350
Deferred income taxes 481 1,098
Long-term casualty and environmental liabilities, net (157) (13)
Contribution to defined benefit pension plan (36) 0
Other, net (149) (183)
Changes in current assets and liabilities:    
Accounts receivable, net (93) (181)
Materials and supplies (47) (60)
Other current assets (47) (92)
Accounts payable and other current liabilities 107 308
Net cash provided by operating activities 3,907 4,290
INVESTING ACTIVITIES    
Capital expenditures excluding equipment (1,840) (1,852)
Acquisition of equipment (834) (476)
Other, net (216) (168)
Net cash used for investing activities (2,890) (2,496)
FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt 2,500 1,500
Payments on long-term debt (437) (557)
Cash distributions (2,750) (2,750)
Other, net (31) (15)
Net cash used for financing activities (718) (1,822)
Increase (Decrease) in cash and cash equivalents 299 (28)
Cash and cash equivalents:    
Beginning of period 1,960 2,087
End of period 2,259 2,059
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net of amounts capitalized 554 514
Capital investments accrued but not yet paid 151 155
Income taxes paid, net of refunds 807 (237)
Non-cash asset financing $ 0 $ 1