Revenue from Contracts with Customers

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Consumer Products	$	2,450	$	2,083	$	4,533	$	3,973
Agricultural Products	1,388		1,272		2,745		2,580
Industrial Products	1,458		1,352		2,755		2,578
Coal	999		767		1,888		1,453
Total freight revenues	6,295		5,474		11,921		10,584
Non-rail logistics subsidiary	186		200		377		380
Accessorial and other	159		135		310		246
Total other revenues	345		335		687		626
Total operating revenues	$	6,640	$	5,809	$	12,608	$	11,210

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 June 30, 2022 and December 31, 2021, $1.3 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 June 30, 2022 and December 31, 2021, remaining performance obligations were $352 million and $274 million, respectively.