XML 17 R6.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities    
Net income $ 1,377 $ 1,214
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 695 675
Deferred income taxes 84 12
Other, net (113) (153)
Changes in current assets and liabilities:    
Accounts receivable, net (57) (44)
Materials and supplies (88) 31
Other current assets 25 113
Accounts payable and other current liabilities 372 99
Net cash provided by operating activities 2,295 1,947
Investing Activities    
Capital expenditures excluding equipment (641) (621)
Acquisition of equipment (103) (31)
Other, net (69) (66)
Net cash used in investing activities (813) (718)
Financing Activities    
Payments on long-term debt and finance leases (503) (2)
Cash distributions (1,000) (700)
Other, net (1) 0
Net cash used in financing activities (1,504) (702)
Increase (decrease) in cash and cash equivalents (22) 527
Cash and cash equivalents:    
Beginning of period 2,463 2,004
End of period 2,441 2,531
Supplemental Cash Flow Information    
Interest paid, net of amounts capitalized 326 311
Capital investments accrued but not yet paid 123 131
Income taxes paid, net of refunds $ 7 $ 2