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Revenue from Contracts with Customers
12 Months Ended
Dec. 31, 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):
Years ended December 31,
202420232022
Consumer Products$8,435 $7,879 $9,234 
Agricultural Products5,836 5,583 5,743 
Industrial Products5,619 5,690 5,587 
Coal2,943 3,795 3,927 
     Total freight revenues22,833 22,947 24,491 
Non-rail logistics subsidiary82 402 685 
Accessorial and other522 527 712 
     Total other revenues604 929 1,397 
           Total operating revenues$23,437 $23,876 $25,888 

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 December 31, 2024 and 2023, $1.1 billion and $1.2 billion, respectively, represent 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 December 31, 2024 and 2023, remaining performance obligations were $308 million and $248 million, respectively.