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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2014
OPERATING ACTIVITIES        
Net income $ 5,219 $ 11,300 $ 3,569  
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 2,317 2,352 2,128  
Deferred Income Tax Expense (Benefit), Adjusted 381 (6,435)    
Deferred income taxes 379 (6,421) 998  
Long-term casualty and environmental liabilities, net (18) (85) (35)  
Other, net (147) (289) 27  
Changes in current assets and liabilities:        
Accounts receivable, net (48) (177) (74)  
Materials and supplies 10 22 4  
Other current assets (52) (163) (129)  
Accounts payable and other current liabilities 246 (206) 437  
Net cash provided by operating activities 7,908 6,319 6,925  
INVESTING ACTIVITIES        
Capital expenditures excluding equipment (2,918) (2,860) (3,205)  
Acquisition of equipment (269) (397) (614)  
Purchases of Investments and investments in time deposits (27) (13) (8)  
Proceeds from sales of investments and maturities of time deposits 45 34 27  
Other, net (11) (247) (181)  
Net cash used for investing activities (3,180) (3,483) (3,981)  
FINANCING ACTIVITIES        
Proceeds from issuance of long-term debt 1,500 1,250 750  
Payments on long-term debt (746) (735) (292)  
Cash distributions (5,450) (4,575) (2,500)  
Other, net (22) (19) (13)  
Net cash used for financing activities (4,718) (4,079) (2,055)  
Increase/(decrease) in cash and cash equivalents 10 (1,243) 889  
Cash and cash equivalents:        
Beginning of period 1,975 3,218 2,329  
End of period 1,985 1,975 3,218  
SUPPLEMENTAL CASH FLOW INFORMATION        
Interest paid, net of amounts capitalized 1,072 1,062 1,016  
Capital investments accrued but not yet paid 251 192 305  
Income taxes paid, net of refunds 905 1,789 $ 752  
Non-cash asset financing $ 8 $ 0   $ 0