Revenue from Contracts with Customers

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer

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 March 31,
	2022		2021
Consumer Products	$	2,084	$	1,890
Agricultural Products	1,356		1,308
Industrial Products	1,297		1,226
Coal	889		686
Total freight revenues	5,626		5,110
Non-rail logistics subsidiary	191		180
Accessorial and other	151		111
Total other revenues	342		291
Total operating revenues	$	5,968	$	5,401

Contract assets and liabilities are immaterial. Receivables from contracts with customers is a component of accounts receivable, net on the Consolidated Balance Sheets. As of March 31, 2022 and December 31, 2021, $1.2 billion and $1.1 billion, respectively, 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. As of March 31, 2022 and December 31, 2021, remaining performance obligations were $335 million and $274 million, respectively.