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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2024
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,
2024202320242023
Consumer Products$2,122 $1,895 $4,092 $3,762 
Agricultural Products1,423 1,292 2,855 2,768 
Industrial Products1,441 1,447 2,801 2,827 
Coal608 936 1,373 1,965 
     Total freight revenues5,594 5,570 11,121 11,322 
Non-rail logistics subsidiary22 124 38 255 
Accessorial and other123 134 240 270 
     Total other revenues145 258 278 525 
           Total operating revenues$5,739 $5,828 $11,399 $11,847 

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 both June 30, 2024 and December 31, 2023, $1.2 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. As of June 30, 2024 and December 31, 2023, remaining performance obligations were $334 million and $248 million, respectively.