Revenue from Contracts with Customers

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer [Text Block]

Revenue from Contracts with Customers

The Company disaggregates revenue from contracts with customers based on the characteristics of the services provided and the types of products transported (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Consumer Products	$	1,973	$	2,002	$	5,878	$	5,841
Industrial Products	1,588		1,576		4,637		4,416
Agricultural Products	1,166		1,165		3,500		3,499
Coal	996		1,069		2,748		2,928
Total freight revenues	5,723		5,812		16,763		16,684
Non-rail logistics subsidiary	199		235		595		641
Accessorial and other	99		100		318		324
Total other revenues	298		335		913		965
Total operating revenues	$	6,021	$	6,147	$	17,676	$	17,649

Contract assets and liabilities are immaterial. Receivables from contracts with customers is a component of accounts receivable, net on the Consolidated Balance Sheets. At both September 30, 2019 and December 31, 2018, $1.3 billion represented net receivables from contracts with customers.

Remaining performance obligations primarily consist of in-transit freight revenues, which will be recognized in the next reporting period. At September 30, 2019 and December 31, 2018, remaining performance obligations were$210 million and $237 million, respectively.