XML 71 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income $ 5,481 $ 5,219 $ 11,300
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,403 2,317 2,352
Deferred income taxes 553 381 (6,435)
Long-term casualty and environmental liabilities, net (49) (18) (85)
Other, net (351) (147) (289)
Changes in current assets and liabilities:      
Accounts receivable, net 134 (48) (177)
Materials and supplies 4 10 22
Other current assets (110) (52) (163)
Accounts payable and other current liabilities 122 246 (206)
Net cash provided by operating activities 8,187 7,908 6,319
Investing Activities      
Capital expenditures excluding equipment (3,193) (2,918) (2,860)
Acquisition of equipment (415) (269) (397)
Purchases of investments and investments in time deposits (6) (27) (13)
Proceeds from sales of investments and maturities of time deposits 42 45 34
Other, net (170) (11) (247)
Net cash used for investing activities (3,742) (3,180) (3,483)
Financing Activities      
Proceeds from issuance of long-term debt 825 1,500 1,250
Payments on long-term debt and finance leases (833) (746) (735)
Cash distributions (4,425) (5,450) (4,575)
Other, net (13) (22) (19)
Net cash used for financing activities (4,446) (4,718) (4,079)
(Decrease) increase in cash and cash equivalents (1) 10 (1,243)
Cash and cash equivalents:      
Beginning of period 1,985 1,975 3,218
End of period 1,984 1,985 1,975
Supplemental Cash Flow Information      
Interest paid, net of amounts capitalized 1,064 1,072 1,062
Capital investments accrued but not yet paid 245 251 192
Income taxes paid, net of refunds 1,196 905 1,789
Non-cash asset financing $ 11 $ 8 $ 0