Norfolk Southern Corporation(NYSE:NSC) 
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports industrial products, including agriculture, forest and consumer products, chemicals, and metals an...
Website: http://www.norfolksouthern.com
Founded: 1982
Full Time Employees: 24,587
Sector: Industrials
Industry: Railroads
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-06-30 | 2012-03-31 | 2011-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
railway operating revenues | 2,998,000,000 | 2,974,000,000 | 3,103,000,000 | 3,110,000,000 | 2,993,000,000 | 3,024,000,000 | 3,051,000,000 | 3,044,000,000 | 3,004,000,000 | 3,073,000,000 | 2,971,000,000 | 2,980,000,000 | 3,132,000,000 | 3,237,000,000 | 3,343,000,000 | 3,250,000,000 | 2,915,000,000 | 2,852,000,000 | 2,852,000,000 | 2,799,000,000 | 2,639,000,000 | 2,573,000,000 | 2,506,000,000 | 2,085,000,000 | 2,625,000,000 | 2,690,000,000 | 2,841,000,000 | 2,925,000,000 | 2,840,000,000 | 2,896,000,000 | 2,947,000,000 | 2,898,000,000 | 2,717,000,000 | 2,669,000,000 | 2,670,000,000 | 2,637,000,000 | 2,575,000,000 | 2,490,000,000 | 2,524,000,000 | 2,454,000,000 | 2,420,000,000 | 2,518,000,000 | 2,713,000,000 | 2,713,000,000 | 2,567,000,000 | 2,870,000,000 | 3,023,000,000 | 2,824,000,000 | 2,802,000,000 | 2,738,000,000 | 2,874,000,000 | 2,620,000,000 | ||
railway operating expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and benefits | 740,000,000 | 753,000,000 | 738,000,000 | 692,000,000 | 739,000,000 | 697,000,000 | 690,000,000 | 700,000,000 | 736,000,000 | 721,000,000 | 715,000,000 | 693,000,000 | 690,000,000 | 653,000,000 | 735,000,000 | 614,000,000 | 619,000,000 | 598,000,000 | 609,000,000 | 624,000,000 | 611,000,000 | 587,000,000 | 578,000,000 | 586,000,000 | 622,000,000 | 630,000,000 | 682,000,000 | 712,000,000 | 727,000,000 | 757,000,000 | 725,000,000 | 706,000,000 | 737,000,000 | 714,000,000 | 755,000,000 | 703,000,000 | 743,000,000 | 662,000,000 | 691,000,000 | 667,000,000 | 723,000,000 | 702,000,000 | 702,000,000 | 724,000,000 | 783,000,000 | 714,000,000 | 728,000,000 | 735,000,000 | 726,000,000 | 780,000,000 | 724,000,000 | 765,000,000 | ||
purchased services and rents | 522,000,000 | 558,000,000 | 519,000,000 | 520,000,000 | 498,000,000 | 507,000,000 | 497,000,000 | 516,000,000 | 528,000,000 | 551,000,000 | 517,000,000 | 506,000,000 | 496,000,000 | 520,000,000 | 484,000,000 | 481,000,000 | 437,000,000 | 472,000,000 | 432,000,000 | 429,000,000 | 393,000,000 | 426,000,000 | 486,000,000 | 372,000,000 | 403,000,000 | 460,000,000 | 423,000,000 | 418,000,000 | 424,000,000 | 449,000,000 | 450,000,000 | 430,000,000 | 401,000,000 | 268,000,000 | 377,000,000 | 392,000,000 | 377,000,000 | 399,000,000 | 386,000,000 | 384,000,000 | 379,000,000 | 440,000,000 | 451,000,000 | 438,000,000 | 423,000,000 | 452,000,000 | 429,000,000 | 420,000,000 | 410,000,000 | 393,000,000 | 392,000,000 | 383,000,000 | ||
fuel | 256,000,000 | 232,000,000 | 237,000,000 | 219,000,000 | 244,000,000 | 230,000,000 | 216,000,000 | 257,000,000 | 284,000,000 | 303,000,000 | 289,000,000 | 263,000,000 | 315,000,000 | 367,000,000 | 383,000,000 | 408,000,000 | 301,000,000 | 226,000,000 | 208,000,000 | 188,000,000 | 177,000,000 | 136,000,000 | 126,000,000 | 84,000,000 | 189,000,000 | 223,000,000 | 226,000,000 | 254,000,000 | 250,000,000 | 275,000,000 | 274,000,000 | 272,000,000 | 266,000,000 | 239,000,000 | 198,000,000 | 190,000,000 | 213,000,000 | 194,000,000 | 181,000,000 | 174,000,000 | 149,000,000 | 194,000,000 | 221,000,000 | 255,000,000 | 264,000,000 | 347,000,000 | 387,000,000 | 390,000,000 | 391,000,000 | 429,000,000 | 390,000,000 | 389,000,000 | ||
depreciation | 352,000,000 | 353,000,000 | 348,000,000 | 346,000,000 | 346,000,000 | 342,000,000 | 339,000,000 | 335,000,000 | 337,000,000 | 330,000,000 | 326,000,000 | 321,000,000 | 321,000,000 | 309,000,000 | 306,000,000 | 304,000,000 | 302,000,000 | 298,000,000 | 297,000,000 | 294,000,000 | 292,000,000 | 287,000,000 | 293,000,000 | 282,000,000 | 292,000,000 | 285,000,000 | 286,000,000 | 284,000,000 | 283,000,000 | 281,000,000 | 276,000,000 | 273,000,000 | 272,000,000 | 267,000,000 | 265,000,000 | 264,000,000 | 259,000,000 | 259,000,000 | 258,000,000 | 257,000,000 | 252,000,000 | 287,000,000 | 275,000,000 | 247,000,000 | 245,000,000 | 240,000,000 | 236,000,000 | 230,000,000 | 226,000,000 | 227,000,000 | 229,000,000 | 211,000,000 | ||
materials and other | 189,000,000 | 87,000,000 | 147,000,000 | 195,000,000 | 205,000,000 | 133,000,000 | -188,000,000 | 173,000,000 | 215,000,000 | 210,000,000 | 205,000,000 | 205,000,000 | 212,000,000 | 207,000,000 | 163,000,000 | 172,000,000 | 171,000,000 | 129,000,000 | 170,000,000 | 97,000,000 | 151,000,000 | 153,000,000 | 183,000,000 | 151,000,000 | 166,000,000 | 130,000,000 | 228,000,000 | 192,000,000 | 190,000,000 | 56,000,000 | 202,000,000 | 191,000,000 | 206,000,000 | 167,000,000 | 164,000,000 | 200,000,000 | 210,000,000 | 215,000,000 | 188,000,000 | 202,000,000 | 194,000,000 | 253,000,000 | 242,000,000 | 235,000,000 | 246,000,000 | 226,000,000 | 245,000,000 | 200,000,000 | 213,000,000 | 218,000,000 | 205,000,000 | 272,000,000 | ||
merger-related expenses | 52,000,000 | 65,000,000 | 15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
eastern ohio incident | 10,000,000 | -11,000,000 | -11,000,000 | -47,000,000 | -185,000,000 | -43,000,000 | -159,000,000 | -65,000,000 | 592,000,000 | 150,000,000 | 163,000,000 | 416,000,000 | 387,000,000 | |||||||||||||||||||||||||||||||||||||||||
total railway operating expenses | 2,121,000,000 | 2,037,000,000 | 2,005,000,000 | 1,935,000,000 | 1,847,000,000 | 1,893,000,000 | 1,455,000,000 | 1,913,000,000 | 2,791,000,000 | 2,265,000,000 | 2,215,000,000 | 2,404,000,000 | 2,421,000,000 | 2,056,000,000 | 2,071,000,000 | 1,979,000,000 | 1,830,000,000 | 1,723,000,000 | 1,716,000,000 | 1,632,000,000 | 1,624,000,000 | 1,589,000,000 | 1,666,000,000 | 1,475,000,000 | 2,057,000,000 | 1,728,000,000 | 1,845,000,000 | 1,860,000,000 | 1,874,000,000 | 1,818,000,000 | 1,927,000,000 | 1,872,000,000 | 1,882,000,000 | 1,655,000,000 | 1,759,000,000 | 1,749,000,000 | 1,802,000,000 | 1,729,000,000 | 1,704,000,000 | 1,684,000,000 | 1,697,000,000 | 1,876,000,000 | 1,891,000,000 | 1,899,000,000 | 1,961,000,000 | 1,979,000,000 | 2,025,000,000 | 1,975,000,000 | 1,966,000,000 | 2,047,000,000 | 1,940,000,000 | 2,020,000,000 | ||
income from railway operations | 877,000,000 | 937,000,000 | 1,098,000,000 | 1,175,000,000 | 1,146,000,000 | 1,131,000,000 | 1,596,000,000 | 1,131,000,000 | 213,000,000 | 808,000,000 | 756,000,000 | 576,000,000 | 711,000,000 | 1,181,000,000 | 1,272,000,000 | 1,271,000,000 | 1,085,000,000 | 1,129,000,000 | 1,136,000,000 | 1,167,000,000 | 1,015,000,000 | 984,000,000 | 840,000,000 | 610,000,000 | 568,000,000 | 962,000,000 | 996,000,000 | 1,065,000,000 | 966,000,000 | 1,078,000,000 | 1,020,000,000 | 1,026,000,000 | 835,000,000 | 1,014,000,000 | 911,000,000 | 888,000,000 | 773,000,000 | 761,000,000 | 820,000,000 | 770,000,000 | 723,000,000 | 642,000,000 | 822,000,000 | 814,000,000 | 606,000,000 | 891,000,000 | 998,000,000 | 849,000,000 | 836,000,000 | 691,000,000 | 934,000,000 | 600,000,000 | ||
other income – net | 35,000,000 | 23,000,000 | 23,000,000 | 24,000,000 | 31,000,000 | -4,000,000 | 34,000,000 | 17,000,000 | 18,000,000 | 38,000,000 | 40,000,000 | 57,000,000 | 56,000,000 | 34,000,000 | -2,000,000 | -14,000,000 | -5,000,000 | 21,000,000 | 14,000,000 | 35,000,000 | 7,000,000 | 43,000,000 | 39,000,000 | 49,000,000 | 22,000,000 | 18,000,000 | 22,000,000 | 22,000,000 | 44,000,000 | 30,000,000 | 29,000,000 | 8,000,000 | 13,000,000 | 23,000,000 | 32,000,000 | 24,000,000 | 22,000,000 | 29,000,000 | 4,000,000 | 16,000,000 | 24,000,000 | 39,000,000 | 19,000,000 | 21,000,000 | 28,000,000 | 32,000,000 | 30,000,000 | 29,000,000 | 135,000,000 | 31,000,000 | ||||
interest expense on debt | 197,000,000 | 195,000,000 | 197,000,000 | 201,000,000 | 199,000,000 | 199,000,000 | 203,000,000 | 204,000,000 | 201,000,000 | 195,000,000 | 182,000,000 | 170,000,000 | 175,000,000 | 177,000,000 | 177,000,000 | 170,000,000 | 168,000,000 | 165,000,000 | 164,000,000 | 161,000,000 | 156,000,000 | 160,000,000 | 155,000,000 | 156,000,000 | 154,000,000 | 152,000,000 | 150,000,000 | 153,000,000 | 149,000,000 | 148,000,000 | 142,000,000 | 131,000,000 | 136,000,000 | 134,000,000 | 134,000,000 | 140,000,000 | 142,000,000 | 142,000,000 | 144,000,000 | 138,000,000 | 139,000,000 | 142,000,000 | 137,000,000 | 134,000,000 | 132,000,000 | 129,000,000 | 138,000,000 | 131,000,000 | 128,000,000 | 129,000,000 | 122,000,000 | 112,000,000 | ||
income before income taxes | 715,000,000 | 765,000,000 | 924,000,000 | 998,000,000 | 978,000,000 | 928,000,000 | 1,427,000,000 | 944,000,000 | 30,000,000 | 651,000,000 | 614,000,000 | 463,000,000 | 592,000,000 | 1,038,000,000 | 1,093,000,000 | 1,087,000,000 | 912,000,000 | 985,000,000 | 986,000,000 | 1,041,000,000 | 866,000,000 | 867,000,000 | 724,000,000 | 503,000,000 | 436,000,000 | 828,000,000 | 868,000,000 | 934,000,000 | 861,000,000 | 930,000,000 | 908,000,000 | 924,000,000 | 707,000,000 | 893,000,000 | 800,000,000 | 780,000,000 | 655,000,000 | 641,000,000 | 705,000,000 | 636,000,000 | 600,000,000 | 524,000,000 | 724,000,000 | 699,000,000 | 495,000,000 | 790,000,000 | 892,000,000 | 748,000,000 | 737,000,000 | 697,000,000 | 843,000,000 | 515,000,000 | ||
income taxes | 168,000,000 | 121,000,000 | 213,000,000 | 230,000,000 | 228,000,000 | 195,000,000 | 328,000,000 | 207,000,000 | -23,000,000 | 124,000,000 | 136,000,000 | 107,000,000 | 126,000,000 | 248,000,000 | 135,000,000 | 268,000,000 | 209,000,000 | 225,000,000 | 233,000,000 | 222,000,000 | 193,000,000 | 196,000,000 | 155,000,000 | 111,000,000 | 55,000,000 | 162,000,000 | 211,000,000 | 212,000,000 | 184,000,000 | 228,000,000 | 206,000,000 | 214,000,000 | 155,000,000 | |||||||||||||||||||||
net income | 547,000,000 | 644,000,000 | 711,000,000 | 768,000,000 | 750,000,000 | 733,000,000 | 1,099,000,000 | 737,000,000 | 53,000,000 | 527,000,000 | 478,000,000 | 356,000,000 | 466,000,000 | 790,000,000 | 958,000,000 | 819,000,000 | 703,000,000 | 760,000,000 | 753,000,000 | 819,000,000 | 673,000,000 | 671,000,000 | 569,000,000 | 392,000,000 | 381,000,000 | 666,000,000 | 657,000,000 | 722,000,000 | 677,000,000 | 702,000,000 | 702,000,000 | 710,000,000 | 552,000,000 | 3,968,000,000 | 506,000,000 | 497,000,000 | 433,000,000 | 416,000,000 | 460,000,000 | 405,000,000 | 387,000,000 | 361,000,000 | 452,000,000 | 433,000,000 | 310,000,000 | 511,000,000 | 559,000,000 | 482,000,000 | 465,000,000 | 450,000,000 | 524,000,000 | 325,000,000 | ||
yoy | -27.07% | -12.14% | -35.30% | 4.21% | 1315.09% | 39.09% | 129.92% | 107.02% | -88.63% | -33.29% | -50.10% | -56.53% | -33.71% | 3.95% | 27.22% | 0.00% | 4.46% | 13.26% | 32.34% | 108.93% | 76.64% | 0.75% | -13.39% | -45.71% | -43.72% | -5.13% | -6.41% | 1.69% | 22.64% | -82.31% | 38.74% | 42.86% | 27.48% | 853.85% | 10.00% | 22.72% | 11.89% | 15.24% | 1.77% | -6.47% | 24.84% | -29.35% | -19.14% | -10.17% | -33.33% | 13.56% | -8.02% | 43.08% | ||||||
qoq | -15.06% | -9.42% | -7.42% | 2.40% | 2.32% | -33.30% | 49.12% | 1290.57% | -89.94% | 10.25% | 34.27% | -23.61% | -41.01% | -17.54% | 16.97% | 16.50% | -7.50% | 0.93% | -8.06% | 21.69% | 0.30% | 17.93% | 45.15% | 2.89% | -42.79% | 1.37% | -9.00% | 6.65% | -3.56% | 0.00% | -1.13% | 28.62% | -86.09% | 684.19% | 1.81% | 14.78% | 4.09% | -9.57% | 13.58% | 4.65% | 7.20% | -20.13% | 4.39% | 39.68% | -39.33% | -8.59% | 15.98% | 3.66% | 3.33% | 61.23% | ||||
earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 2.43 | 2.87 | 3.16 | 3.41 | 3.31 | 3.23 | 4.86 | 3.26 | 0.23 | 2.33 | 2.11 | 1.56 | 2.04 | 3.43 | 4.11 | 3.46 | 2.94 | 3.13 | 3.07 | 3.29 | 2.67 | 2.64 | 2.23 | 1.53 | 1.48 | 2.56 | 2.5 | 2.72 | 2.53 | |||||||||||||||||||||||||
diluted | 2.43 | 2.87 | 3.16 | 3.41 | 3.31 | 3.23 | 4.85 | 3.25 | 0.23 | 2.32 | 2.1 | 1.56 | 2.04 | 3.43 | 4.1 | 3.45 | 2.93 | 3.12 | 3.06 | 3.28 | 2.66 | 2.63 | 2.22 | 1.53 | 1.47 | 2.55 | 2.49 | 2.7 | 2.51 | |||||||||||||||||||||||||
restructuring and other charges | 12,000,000 | 10,000,000 | 27,000,000 | 60,000,000 | -3,000,000 | 99,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss on asset disposal | 385,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
railway operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 2.43 | 2.87 | 3.16 | 3.41 | 3.31 | 3.23 | 4.86 | 3.26 | 0.23 | 2.33 | 2.11 | 1.56 | 2.04 | 3.43 | 4.11 | 3.46 | 2.94 | 3.13 | 3.07 | 3.29 | 2.67 | 2.64 | 2.23 | 1.53 | 1.48 | 2.56 | 2.5 | 2.72 | 2.53 | |||||||||||||||||||||||||
diluted | 2.43 | 2.87 | 3.16 | 3.41 | 3.31 | 3.23 | 4.85 | 3.25 | 0.23 | 2.32 | 2.1 | 1.56 | 2.04 | 3.43 | 4.1 | 3.45 | 2.93 | 3.12 | 3.06 | 3.28 | 2.66 | 2.63 | 2.22 | 1.53 | 1.47 | 2.55 | 2.49 | 2.7 | 2.51 | |||||||||||||||||||||||||
per share amounts: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.75 | 2.54 | 2.52 | 1.94 | 13.8 | 1.76 | 1.72 | 1.49 | 1.43 | 1.56 | 1.37 | 1.3 | 1.2 | 1.5 | 1.43 | 1.01 | 1.64 | 1.8 | ||||||||||||||||||||||||||||||||||||
diluted | 1.738 | 2.52 | 2.5 | 1.93 | 13.68 | 1.75 | 1.71 | 1.48 | 1.41 | 1.55 | 1.36 | 1.29 | 1.2 | 1.49 | 1.41 | 1 | 1.64 | 1.79 | ||||||||||||||||||||||||||||||||||||
dividends | 0.56 | 0.8 | 0.72 | 0.72 | 0.458 | 0.61 | 0.61 | 0.61 | 0.443 | 0.59 | 0.59 | 0.59 | 0.443 | 0.59 | 0.59 | 0.59 | 0.413 | 0.57 | 0.52 | 0.5 | 0.5 | 0.47 | 0.4 | |||||||||||||||||||||||||||||||
provision for income taxes | 199,750,000 | 294,000,000 | 283,000,000 | 222,000,000 | 225,000,000 | 245,000,000 | 231,000,000 | 213,000,000 | 163,000,000 | 272,000,000 | 266,000,000 | 185,000,000 | 279,000,000 | 333,000,000 | 266,000,000 | 272,000,000 | 247,000,000 | 319,000,000 | 190,000,000 | |||||||||||||||||||||||||||||||||||
per share amounts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.55 | 1.47 | 1.43 | 1.62 | 0.91 | |||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1.53 | 1.46 | 1.41 | 1.6 | 0.9 | |||||||||||||||||||||||||||||||||||||||||||||||||
per share amounts: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income - net | 27,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,341,000,000 | 1,530,000,000 | 1,418,000,000 | 1,303,000,000 | 1,006,000,000 | 1,641,000,000 | 975,000,000 | 659,000,000 | 652,000,000 | 1,568,000,000 | 1,506,000,000 | 556,000,000 | 552,000,000 | 456,000,000 | 1,214,000,000 | 1,259,000,000 | 1,571,000,000 | 839,000,000 | 1,465,000,000 | 1,670,000,000 | 998,000,000 | 1,115,000,000 | 1,359,000,000 | 1,143,000,000 | 608,000,000 | 580,000,000 | 452,000,000 | 274,000,000 | 411,000,000 | 358,000,000 | 729,000,000 | 430,000,000 | 1,072,000,000 | 690,000,000 | 724,000,000 | 642,000,000 | 955,000,000 | 956,000,000 | 984,000,000 | 866,000,000 | 589,000,000 | 1,101,000,000 | 433,000,000 | 889,000,000 | 524,000,000 | 973,000,000 | 1,432,000,000 | 984,000,000 | 587,000,000 | 672,000,000 | 653,000,000 | 693,000,000 | 356,000,000 | 829,000,000 | 276,000,000 |
accounts receivable – net | 1,123,000,000 | 988,000,000 | 1,102,000,000 | 1,123,000,000 | 1,231,000,000 | 1,069,000,000 | 1,302,000,000 | 1,189,000,000 | 1,198,000,000 | 1,147,000,000 | 1,210,000,000 | 1,089,000,000 | 1,170,000,000 | 1,148,000,000 | 1,151,000,000 | 1,208,000,000 | 1,070,000,000 | 976,000,000 | 945,000,000 | 941,000,000 | 944,000,000 | 848,000,000 | 883,000,000 | 822,000,000 | 889,000,000 | 920,000,000 | 973,000,000 | 1,039,000,000 | 1,048,000,000 | 1,009,000,000 | 1,043,000,000 | 1,035,000,000 | 973,000,000 | 955,000,000 | 973,000,000 | 926,000,000 | 998,000,000 | 945,000,000 | 960,000,000 | 985,000,000 | 961,000,000 | 946,000,000 | 1,103,000,000 | 1,055,000,000 | 1,032,000,000 | 1,055,000,000 | 1,103,000,000 | 1,083,000,000 | 1,072,000,000 | 1,158,000,000 | 1,078,000,000 | ||||
materials and supplies | 312,000,000 | 271,000,000 | 297,000,000 | 313,000,000 | 273,000,000 | 277,000,000 | 288,000,000 | 308,000,000 | 270,000,000 | 264,000,000 | 303,000,000 | 272,000,000 | 262,000,000 | 253,000,000 | 276,000,000 | 289,000,000 | 264,000,000 | 218,000,000 | 235,000,000 | 246,000,000 | 241,000,000 | 221,000,000 | 247,000,000 | 257,000,000 | 265,000,000 | 244,000,000 | 266,000,000 | 256,000,000 | 228,000,000 | 207,000,000 | 267,000,000 | 260,000,000 | 245,000,000 | 222,000,000 | 245,000,000 | 289,000,000 | 281,000,000 | 257,000,000 | 301,000,000 | 306,000,000 | 315,000,000 | 271,000,000 | 288,000,000 | 277,000,000 | 268,000,000 | 236,000,000 | 249,000,000 | 224,000,000 | 228,000,000 | 246,000,000 | 216,000,000 | 236,000,000 | 242,000,000 | 228,000,000 | 209,000,000 |
other current assets | 248,000,000 | 409,000,000 | 219,000,000 | 168,000,000 | 191,000,000 | 201,000,000 | 125,000,000 | 148,000,000 | 236,000,000 | 292,000,000 | 123,000,000 | 114,000,000 | 138,000,000 | 150,000,000 | 74,000,000 | 101,000,000 | 110,000,000 | 134,000,000 | 77,000,000 | 155,000,000 | 120,000,000 | 134,000,000 | 90,000,000 | 128,000,000 | 240,000,000 | 337,000,000 | 325,000,000 | 345,000,000 | 235,000,000 | 288,000,000 | 70,000,000 | 179,000,000 | 189,000,000 | 282,000,000 | 57,000,000 | 79,000,000 | 93,000,000 | 133,000,000 | 72,000,000 | 82,000,000 | 101,000,000 | 194,000,000 | 55,000,000 | 67,000,000 | 173,000,000 | 347,000,000 | 50,000,000 | 34,000,000 | 54,000,000 | 65,000,000 | 82,000,000 | 33,000,000 | 52,000,000 | 71,000,000 | 76,000,000 |
total current assets | 3,024,000,000 | 3,198,000,000 | 3,036,000,000 | 2,907,000,000 | 2,701,000,000 | 3,188,000,000 | 2,690,000,000 | 2,304,000,000 | 2,356,000,000 | 3,271,000,000 | 3,142,000,000 | 2,031,000,000 | 2,122,000,000 | 2,007,000,000 | 2,715,000,000 | 2,857,000,000 | 3,015,000,000 | 2,167,000,000 | 2,722,000,000 | 3,012,000,000 | 2,303,000,000 | 2,318,000,000 | 2,579,000,000 | 2,350,000,000 | 2,002,000,000 | 2,081,000,000 | 2,016,000,000 | 1,914,000,000 | 1,922,000,000 | 1,862,000,000 | 2,109,000,000 | 1,904,000,000 | 2,479,000,000 | 2,149,000,000 | 1,999,000,000 | 1,936,000,000 | 2,327,000,000 | 2,291,000,000 | 2,317,000,000 | 2,239,000,000 | 1,966,000,000 | 2,633,000,000 | 2,002,000,000 | 2,413,000,000 | 2,115,000,000 | 2,778,000,000 | 3,012,000,000 | 2,494,000,000 | 2,078,000,000 | 2,323,000,000 | 2,242,000,000 | 2,199,000,000 | 1,884,000,000 | 2,332,000,000 | 1,751,000,000 |
investments | 4,116,000,000 | 4,089,000,000 | 4,081,000,000 | 4,038,000,000 | 4,003,000,000 | 3,370,000,000 | 3,968,000,000 | 3,812,000,000 | 3,570,000,000 | 3,839,000,000 | 3,824,000,000 | 3,673,000,000 | 3,738,000,000 | 3,694,000,000 | 3,686,000,000 | 3,671,000,000 | 3,697,000,000 | 3,707,000,000 | 3,684,000,000 | 3,658,000,000 | 3,604,000,000 | 3,590,000,000 | 3,566,000,000 | 3,590,000,000 | 3,470,000,000 | 3,428,000,000 | 3,376,000,000 | 3,301,000,000 | 3,198,000,000 | 3,109,000,000 | 3,109,000,000 | 3,058,000,000 | 3,020,000,000 | 2,981,000,000 | 2,888,000,000 | 2,848,000,000 | 2,809,000,000 | 2,777,000,000 | 2,779,000,000 | 2,639,000,000 | 2,617,000,000 | 2,572,000,000 | 2,740,000,000 | 2,724,000,000 | 2,701,000,000 | 2,679,000,000 | 2,610,000,000 | 2,395,000,000 | 2,366,000,000 | 2,341,000,000 | 2,300,000,000 | 2,315,000,000 | 2,278,000,000 | 2,263,000,000 | 2,234,000,000 |
properties less accumulated depreciation of 14,769 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 14,617, respectively | 36,442,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 1,531,000,000 | 1,470,000,000 | 1,351,000,000 | 1,289,000,000 | 1,293,000,000 | 1,293,000,000 | 1,207,000,000 | 1,162,000,000 | 1,151,000,000 | 1,216,000,000 | 1,105,000,000 | 1,083,000,000 | 1,069,000,000 | 1,028,000,000 | 1,067,000,000 | 1,021,000,000 | 992,000,000 | 966,000,000 | 769,000,000 | 729,000,000 | 718,000,000 | 709,000,000 | 795,000,000 | 805,000,000 | 787,000,000 | 800,000,000 | 714,000,000 | 756,000,000 | 784,000,000 | 177,000,000 | 392,000,000 | 286,000,000 | 267,000,000 | 251,000,000 | 103,000,000 | 105,000,000 | 82,000,000 | 73,000,000 | 69,000,000 | 69,000,000 | 67,000,000 | 63,000,000 | 103,000,000 | 98,000,000 | 130,000,000 | 90,000,000 | 354,000,000 | 63,000,000 | 63,000,000 | 65,000,000 | 64,000,000 | 66,000,000 | 61,000,000 | 77,000,000 | 84,000,000 |
total assets | 45,113,000,000 | 45,236,000,000 | 44,580,000,000 | 44,155,000,000 | 43,800,000,000 | 43,682,000,000 | 43,255,000,000 | 42,558,000,000 | 42,128,000,000 | 41,652,000,000 | 40,739,000,000 | 39,261,000,000 | 39,169,000,000 | 38,885,000,000 | 39,306,000,000 | 39,336,000,000 | 39,361,000,000 | 38,493,000,000 | 38,604,000,000 | 38,754,000,000 | 37,937,000,000 | 37,962,000,000 | 38,179,000,000 | 37,962,000,000 | 37,438,000,000 | 37,923,000,000 | 37,500,000,000 | 37,172,000,000 | 37,062,000,000 | 36,239,000,000 | 36,322,000,000 | 35,788,000,000 | 36,162,000,000 | 35,711,000,000 | 35,153,000,000 | 34,922,000,000 | 35,145,000,000 | 34,892,000,000 | 34,632,000,000 | 34,334,000,000 | 33,785,000,000 | 34,260,000,000 | 33,527,000,000 | 33,310,000,000 | 32,775,000,000 | 33,241,000,000 | 33,206,000,000 | 31,365,000,000 | 30,605,000,000 | 30,599,000,000 | 30,342,000,000 | 29,840,000,000 | 29,191,000,000 | 29,375,000,000 | 28,538,000,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 1,695,000,000 | 1,863,000,000 | 1,657,000,000 | 1,504,000,000 | 1,445,000,000 | 1,704,000,000 | 1,614,000,000 | 1,535,000,000 | 1,506,000,000 | 1,638,000,000 | 1,499,000,000 | 1,416,000,000 | 1,315,000,000 | 1,293,000,000 | 1,486,000,000 | 1,308,000,000 | 1,181,000,000 | 1,351,000,000 | 1,196,000,000 | 1,116,000,000 | 1,043,000,000 | 1,016,000,000 | 1,273,000,000 | 1,268,000,000 | 1,284,000,000 | 1,428,000,000 | 1,407,000,000 | 1,407,000,000 | 1,334,000,000 | 1,505,000,000 | 1,394,000,000 | 1,323,000,000 | 1,217,000,000 | 1,401,000,000 | 1,287,000,000 | 1,223,000,000 | 1,211,000,000 | 1,215,000,000 | 1,131,000,000 | 1,085,000,000 | 1,119,000,000 | 1,091,000,000 | 1,160,000,000 | 1,144,000,000 | 1,094,000,000 | 1,233,000,000 | 1,387,000,000 | 1,267,000,000 | 1,180,000,000 | 1,188,000,000 | 1,362,000,000 | 1,260,000,000 | 1,126,000,000 | 1,243,000,000 | 1,092,000,000 |
income and other taxes | 320,000,000 | 340,000,000 | 227,000,000 | 223,000,000 | 490,000,000 | 337,000,000 | 179,000,000 | 208,000,000 | 222,000,000 | 262,000,000 | 213,000,000 | 243,000,000 | 438,000,000 | 312,000,000 | 299,000,000 | 333,000,000 | 443,000,000 | 305,000,000 | 272,000,000 | 302,000,000 | 361,000,000 | 263,000,000 | 257,000,000 | 239,000,000 | 200,000,000 | 229,000,000 | 202,000,000 | 270,000,000 | 338,000,000 | 255,000,000 | 230,000,000 | 269,000,000 | 217,000,000 | 211,000,000 | 206,000,000 | 268,000,000 | 379,000,000 | 245,000,000 | 218,000,000 | 205,000,000 | 299,000,000 | 203,000,000 | 273,000,000 | 295,000,000 | 210,000,000 | 217,000,000 | 301,000,000 | 241,000,000 | 284,000,000 | 319,000,000 | 206,000,000 | 150,000,000 | 322,000,000 | 320,000,000 | 207,000,000 |
other current liabilities | 711,000,000 | 965,000,000 | 1,033,000,000 | 1,037,000,000 | 960,000,000 | 949,000,000 | 1,329,000,000 | 1,269,000,000 | 1,315,000,000 | 728,000,000 | 797,000,000 | 792,000,000 | 668,000,000 | 341,000,000 | 408,000,000 | 363,000,000 | 370,000,000 | 312,000,000 | 384,000,000 | 330,000,000 | 344,000,000 | 302,000,000 | 386,000,000 | 343,000,000 | 352,000,000 | 327,000,000 | 401,000,000 | 373,000,000 | 378,000,000 | 246,000,000 | 317,000,000 | 260,000,000 | 304,000,000 | 233,000,000 | 320,000,000 | 252,000,000 | 303,000,000 | 229,000,000 | 333,000,000 | 267,000,000 | 313,000,000 | 237,000,000 | 334,000,000 | 264,000,000 | 298,000,000 | 228,000,000 | 392,000,000 | 377,000,000 | 304,000,000 | 350,000,000 | 263,000,000 | 362,000,000 | 299,000,000 | 337,000,000 | 252,000,000 |
current maturities of long-term debt | 609,000,000 | 607,000,000 | 607,000,000 | 903,000,000 | 555,000,000 | 555,000,000 | 555,000,000 | 255,000,000 | 4,000,000 | 4,000,000 | 405,000,000 | 405,000,000 | 403,000,000 | 603,000,000 | 605,000,000 | 605,000,000 | 1,153,000,000 | 553,000,000 | 558,000,000 | 1,048,000,000 | 501,000,000 | 579,000,000 | 89,000,000 | 85,000,000 | 400,000,000 | 316,000,000 | 401,000,000 | 401,000,000 | 585,000,000 | 585,000,000 | 500,000,000 | 500,000,000 | 600,000,000 | 600,000,000 | 600,000,000 | 600,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 501,000,000 | 2,000,000 | 2,000,000 | 447,000,000 | 47,000,000 | 47,000,000 | 50,000,000 | 52,000,000 | 27,000,000 | 32,000,000 | 50,000,000 | |
total current liabilities | 3,335,000,000 | 3,775,000,000 | 3,524,000,000 | 3,667,000,000 | 3,450,000,000 | 3,545,000,000 | 3,677,000,000 | 3,667,000,000 | 3,447,000,000 | 2,632,000,000 | 2,914,000,000 | 2,986,000,000 | 2,824,000,000 | 2,649,000,000 | 2,798,000,000 | 2,609,000,000 | 3,147,000,000 | 2,521,000,000 | 2,410,000,000 | 2,796,000,000 | 2,249,000,000 | 2,160,000,000 | 2,005,000,000 | 1,935,000,000 | 2,236,000,000 | 2,300,000,000 | 2,761,000,000 | 2,451,000,000 | 2,885,000,000 | 2,591,000,000 | 2,441,000,000 | 2,352,000,000 | 2,388,000,000 | 2,545,000,000 | 2,413,000,000 | 2,343,000,000 | 2,443,000,000 | 2,339,000,000 | 2,232,000,000 | 2,107,000,000 | 1,831,000,000 | 2,231,000,000 | 2,367,000,000 | 2,203,000,000 | 2,103,000,000 | 1,780,000,000 | 2,082,000,000 | 2,332,000,000 | 1,815,000,000 | 1,904,000,000 | 2,081,000,000 | 1,824,000,000 | 1,774,000,000 | 1,932,000,000 | 1,701,000,000 |
long-term debt | 16,492,000,000 | 16,480,000,000 | 16,476,000,000 | 16,464,000,000 | 16,660,000,000 | 16,651,000,000 | 16,644,000,000 | 16,937,000,000 | 17,179,000,000 | 17,175,000,000 | 16,179,000,000 | 14,594,000,000 | 14,585,000,000 | 14,479,000,000 | 14,463,000,000 | 14,449,000,000 | 13,691,000,000 | 13,287,000,000 | 13,274,000,000 | 12,669,000,000 | 12,116,000,000 | 12,102,000,000 | 12,634,000,000 | 12,612,000,000 | 11,807,000,000 | 11,880,000,000 | 11,085,000,000 | 11,076,000,000 | 10,569,000,000 | 10,560,000,000 | 10,635,000,000 | 9,146,000,000 | 9,637,000,000 | 9,136,000,000 | 9,280,000,000 | 9,273,000,000 | 9,569,000,000 | 9,562,000,000 | 9,555,000,000 | 9,549,000,000 | 9,398,000,000 | 9,393,000,000 | 8,896,000,000 | 8,890,000,000 | 8,429,000,000 | 8,924,000,000 | 8,919,000,000 | 8,499,000,000 | 8,430,000,000 | 8,438,000,000 | 8,432,000,000 | 8,428,000,000 | 7,972,000,000 | 7,985,000,000 | 7,390,000,000 |
other liabilities | 1,724,000,000 | 1,723,000,000 | 1,705,000,000 | 1,708,000,000 | 1,702,000,000 | 1,760,000,000 | 1,786,000,000 | 1,747,000,000 | 1,767,000,000 | 1,839,000,000 | 1,824,000,000 | 1,814,000,000 | 1,785,000,000 | 1,759,000,000 | 1,828,000,000 | 1,843,000,000 | 1,845,000,000 | 1,879,000,000 | 1,944,000,000 | 1,937,000,000 | 1,952,000,000 | 1,987,000,000 | 1,701,000,000 | 1,680,000,000 | 1,683,000,000 | 1,744,000,000 | 1,727,000,000 | 1,738,000,000 | 1,759,000,000 | 1,266,000,000 | 1,302,000,000 | 1,317,000,000 | 1,352,000,000 | 1,347,000,000 | 1,366,000,000 | 1,385,000,000 | 1,407,000,000 | 1,442,000,000 | 1,322,000,000 | 1,358,000,000 | 1,344,000,000 | 1,385,000,000 | 1,295,000,000 | 1,322,000,000 | 1,302,000,000 | 1,312,000,000 | 1,084,000,000 | 2,166,000,000 | 2,198,000,000 | 2,226,000,000 | 2,237,000,000 | 2,018,000,000 | 2,028,000,000 | 2,053,000,000 | 2,050,000,000 |
deferred income taxes | 7,758,000,000 | 7,711,000,000 | 7,734,000,000 | 7,529,000,000 | 7,477,000,000 | 7,420,000,000 | 7,363,000,000 | 7,228,000,000 | 7,199,000,000 | 7,225,000,000 | 7,207,000,000 | 7,227,000,000 | 7,248,000,000 | 7,265,000,000 | 7,193,000,000 | 7,281,000,000 | 7,217,000,000 | 7,165,000,000 | 7,089,000,000 | 7,035,000,000 | 6,977,000,000 | 6,922,000,000 | 6,898,000,000 | 6,874,000,000 | 6,828,000,000 | 6,815,000,000 | 6,689,000,000 | 6,596,000,000 | 6,518,000,000 | 6,460,000,000 | 6,464,000,000 | 6,414,000,000 | 6,367,000,000 | 6,324,000,000 | 9,367,000,000 | 9,259,000,000 | 9,199,000,000 | 9,140,000,000 | 9,127,000,000 | 9,047,000,000 | 8,989,000,000 | 121,000,000 | 123,000,000 | 125,000,000 | 118,000,000 | 167,000,000 | 178,000,000 | 149,000,000 | 137,000,000 | 167,000,000 | 167,000,000 | 144,000,000 | 133,000,000 | 146,000,000 | 143,000,000 |
total liabilities | 29,309,000,000 | 29,689,000,000 | 29,439,000,000 | 29,368,000,000 | 29,289,000,000 | 29,376,000,000 | 29,470,000,000 | 29,579,000,000 | 29,592,000,000 | 28,871,000,000 | 28,124,000,000 | 26,621,000,000 | 26,442,000,000 | 26,152,000,000 | 26,282,000,000 | 26,182,000,000 | 25,900,000,000 | 24,852,000,000 | 24,717,000,000 | 24,437,000,000 | 23,294,000,000 | 23,171,000,000 | 23,238,000,000 | 23,101,000,000 | 22,554,000,000 | 22,739,000,000 | 22,262,000,000 | 21,861,000,000 | 21,731,000,000 | 20,877,000,000 | 20,842,000,000 | 19,229,000,000 | 19,744,000,000 | 19,352,000,000 | 22,426,000,000 | 22,260,000,000 | 22,618,000,000 | 22,483,000,000 | 22,236,000,000 | 22,061,000,000 | 21,562,000,000 | 22,072,000,000 | 21,398,000,000 | 21,233,000,000 | 20,617,000,000 | 20,833,000,000 | 20,767,000,000 | 21,071,000,000 | 20,417,000,000 | 20,489,000,000 | 20,582,000,000 | 20,073,000,000 | 19,413,000,000 | 19,560,000,000 | 18,627,000,000 |
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock 1.00 per share par value, 1,350,000,000 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 224,594,001 and 224,420,699 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
respectively, net of treasury shares | 226,000,000 | 226,000,000 | 226,000,000 | 226,000,000 | 227,000,000 | 228,000,000 | 228,000,000 | 227,000,000 | 227,000,000 | 227,000,000 | 227,000,000 | 228,000,000 | 229,000,000 | 230,000,000 | 233,000,000 | 236,000,000 | 240,000,000 | 242,000,000 | 244,000,000 | 248,000,000 | 251,000,000 | 254,000,000 | 255,000,000 | 256,000,000 | 258,000,000 | 259,000,000 | 262,000,000 | 265,000,000 | 267,000,000 | 269,000,000 | 274,000,000 | 281,000,000 | 284,000,000 | 285,000,000 | 288,000,000 | 290,000,000 | 291,000,000 | 292,000,000 | 293,000,000 | 295,000,000 | 297,000,000 | 299,000,000 | 300,000,000 | 303,000,000 | 306,000,000 | 310,000,000 | 311,000,000 | 310,000,000 | 313,000,000 | 316,000,000 | 315,000,000 | 317,000,000 | 321,000,000 | 327,000,000 | 332,000,000 |
additional paid-in capital | 2,312,000,000 | 2,296,000,000 | 2,283,000,000 | 2,259,000,000 | 2,249,000,000 | 2,247,000,000 | 2,223,000,000 | 2,208,000,000 | 2,188,000,000 | 2,179,000,000 | 2,163,000,000 | 2,160,000,000 | 2,155,000,000 | 2,157,000,000 | 2,181,000,000 | 2,190,000,000 | 2,203,000,000 | 2,215,000,000 | 2,224,000,000 | 2,240,000,000 | 2,241,000,000 | 2,248,000,000 | 2,246,000,000 | 2,217,000,000 | 2,205,000,000 | 2,209,000,000 | 2,219,000,000 | 2,226,000,000 | 2,213,000,000 | 2,216,000,000 | 1,996,000,000 | 2,263,000,000 | 2,255,000,000 | 2,254,000,000 | 2,249,000,000 | 2,228,000,000 | 2,228,000,000 | 2,179,000,000 | 2,169,000,000 | 2,146,000,000 | 2,147,000,000 | 2,143,000,000 | 2,132,000,000 | 2,146,000,000 | 2,160,000,000 | 2,148,000,000 | 2,150,000,000 | 1,979,000,000 | 1,984,000,000 | 1,976,000,000 | 1,911,000,000 | 1,909,000,000 | 1,904,000,000 | 1,917,000,000 | |
accumulated other comprehensive loss | -211,000,000 | -210,000,000 | -262,000,000 | -261,000,000 | -261,000,000 | -262,000,000 | -332,000,000 | -330,000,000 | -322,000,000 | -320,000,000 | -364,000,000 | -359,000,000 | -355,000,000 | -351,000,000 | -377,000,000 | -388,000,000 | -394,000,000 | -402,000,000 | -571,000,000 | -578,000,000 | -586,000,000 | -594,000,000 | -471,000,000 | -475,000,000 | -481,000,000 | -491,000,000 | -553,000,000 | -557,000,000 | -560,000,000 | -563,000,000 | -435,000,000 | -441,000,000 | -448,000,000 | -356,000,000 | -475,000,000 | -480,000,000 | -485,000,000 | -487,000,000 | -433,000,000 | -437,000,000 | -442,000,000 | -445,000,000 | -382,000,000 | -389,000,000 | -395,000,000 | -398,000,000 | -178,000,000 | -1,040,000,000 | -1,063,000,000 | -1,086,000,000 | -1,109,000,000 | -971,000,000 | -991,000,000 | -1,010,000,000 | -1,026,000,000 |
retained income | 13,477,000,000 | 13,235,000,000 | 12,894,000,000 | 12,563,000,000 | 12,296,000,000 | 12,093,000,000 | 11,666,000,000 | 10,874,000,000 | 10,443,000,000 | 10,695,000,000 | 10,589,000,000 | 10,611,000,000 | 10,698,000,000 | 10,697,000,000 | 10,987,000,000 | 11,116,000,000 | 11,412,000,000 | 11,586,000,000 | 11,990,000,000 | 12,407,000,000 | 12,737,000,000 | 12,883,000,000 | 12,911,000,000 | 12,863,000,000 | 12,902,000,000 | 13,207,000,000 | 13,310,000,000 | 13,377,000,000 | 13,411,000,000 | 13,440,000,000 | 13,645,000,000 | 14,456,000,000 | 14,327,000,000 | 14,176,000,000 | 10,665,000,000 | 10,624,000,000 | 10,493,000,000 | 10,425,000,000 | 10,367,000,000 | 10,269,000,000 | 10,221,000,000 | 10,191,000,000 | 10,079,000,000 | 10,017,000,000 | 10,087,000,000 | 10,348,000,000 | 10,156,000,000 | 9,045,000,000 | 8,954,000,000 | 8,904,000,000 | 8,643,000,000 | 8,512,000,000 | 8,544,000,000 | 8,581,000,000 | 8,693,000,000 |
total stockholders’ equity | 15,804,000,000 | 15,547,000,000 | 15,141,000,000 | 14,787,000,000 | 14,511,000,000 | 14,306,000,000 | 13,785,000,000 | 12,979,000,000 | 12,536,000,000 | 12,781,000,000 | 12,615,000,000 | 12,640,000,000 | 12,727,000,000 | 12,733,000,000 | 13,024,000,000 | 13,154,000,000 | 13,461,000,000 | 13,641,000,000 | 13,887,000,000 | 14,317,000,000 | 14,643,000,000 | 14,791,000,000 | 14,941,000,000 | 14,861,000,000 | 14,884,000,000 | 15,184,000,000 | 15,238,000,000 | 15,311,000,000 | 15,331,000,000 | 15,362,000,000 | 15,480,000,000 | 16,559,000,000 | 16,418,000,000 | 16,359,000,000 | 12,727,000,000 | 12,662,000,000 | 12,527,000,000 | 12,409,000,000 | 12,396,000,000 | 12,273,000,000 | 12,223,000,000 | 12,129,000,000 | 12,077,000,000 | 12,158,000,000 | 12,439,000,000 | 10,294,000,000 | 10,188,000,000 | 10,110,000,000 | 9,767,000,000 | 9,778,000,000 | 9,815,000,000 | 9,911,000,000 | |||
total liabilities and stockholders’ equity | 45,113,000,000 | 45,236,000,000 | 44,580,000,000 | 44,155,000,000 | 43,800,000,000 | 43,682,000,000 | 43,255,000,000 | 42,558,000,000 | 42,128,000,000 | 41,652,000,000 | 40,739,000,000 | 39,261,000,000 | 39,169,000,000 | 38,885,000,000 | 39,306,000,000 | 39,336,000,000 | 39,361,000,000 | 38,493,000,000 | 38,604,000,000 | 38,754,000,000 | 37,937,000,000 | 37,962,000,000 | 38,179,000,000 | 37,962,000,000 | 37,438,000,000 | 37,923,000,000 | 37,500,000,000 | 37,172,000,000 | 37,062,000,000 | 36,239,000,000 | 36,322,000,000 | 35,788,000,000 | 36,162,000,000 | 35,711,000,000 | 35,153,000,000 | 34,922,000,000 | 35,145,000,000 | 34,892,000,000 | 34,632,000,000 | 34,334,000,000 | 33,785,000,000 | 33,527,000,000 | 33,310,000,000 | 32,775,000,000 | 33,206,000,000 | 31,365,000,000 | 30,605,000,000 | 30,599,000,000 | 29,840,000,000 | 29,191,000,000 | 29,375,000,000 | 28,538,000,000 | |||
properties less accumulated depreciation of 14,617 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
13,957, respectively | 36,479,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 224,420,699 and 226,320,894 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 14,438 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 13,957, respectively | 36,112,000,000 | 35,921,000,000 | 35,803,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 224,386,617 and 226,320,894 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 14,250 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 224,614,894 and 226,320,894 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 14,188 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 225,443,501 and 226,320,894 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 13,957 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
13,265, respectively | 35,831,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 226,320,894 and 225,681,254 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 13,855 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 13,265, respectively | 35,390,000,000 | 35,280,000,000 | 35,051,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 226,239,662 and 225,681,254 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 13,630 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt | 400,000,000 | 400,000,000 | 130,000,000 | 100,000,000 | 350,000,000 | 250,000,000 | 50,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 200,000,000 | 100,000,000 | 100,000,000 | 200,000,000 | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 226,096,433 and 225,681,254 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 13,462 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 225,914,028 and 225,681,254 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 13,265 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
12,592, respectively | 33,326,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 225,681,254 and 228,076,415 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 13,162 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 12,592, respectively | 32,668,000,000 | 32,474,000,000 | 32,240,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 226,136,334 and 228,076,415 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 13,024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 227,015,277 and 228,076,415 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,810 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 227,639,602 and 228,076,415 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,592 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
12,031, respectively | 32,156,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 228,076,415 and 240,162,790 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,445 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 12,031, respectively | 31,838,000,000 | 31,787,000,000 | 31,657,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 231,514,213 and 240,162,790 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,267 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 234,873,651 and 240,162,790 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,123 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 238,332,514 and 240,162,790 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,031 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
11,985, respectively | 31,653,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 240,162,790 and 252,095,082 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,867 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 11,985, respectively | 31,429,000,000 | 31,355,000,000 | 31,312,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 243,344,509 and 252,095,082 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,777 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 246,972,217 and 252,095,082 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,672 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 250,241,009 and 252,095,082 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,985 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
11,982, respectively | 31,345,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 252,095,082 and 257,904,956 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,873 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 11,982, respectively | 31,239,000,000 | 31,217,000,000 | 31,179,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 253,985,338 and 257,904,956 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,823 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 255,109,247 and 257,904,956 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,794 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 256,179,130 and 257,904,956 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,982 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
12,374, respectively | 31,614,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 257,904,956 and 268,098,472 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,381 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 12,374, respectively | 31,394,000,000 | 31,201,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 260,746,663 and 268,098,472 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,372 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 263,406,773 and 268,098,472 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,374 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
at both periods | 31,158,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 265,967,039 and 268,098,472 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,374 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
11,909, respectively | 31,091,000,000 | 30,712,000,000 | 30,540,000,000 | 30,396,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 268,098,472 and 284,157,187 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,276 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 272,346,940 and 284,157,187 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,175 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 280,029,764 and 284,157,187 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 12,076 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 282,541,886 and 284,157,187 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,909 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
11,737, respectively | 30,330,000,000 | 30,163,000,000 | 30,033,000,000 | 29,927,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 284,157,187 and 290,417,610 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,987 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 286,148,766 and 290,417,610 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,984 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 288,181,852 and 290,417,610 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,872 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 289,782,660 and 290,417,610 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,737 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
11,478, respectively | 29,751,000,000 | 29,467,000,000 | 29,387,000,000 | 29,135,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 290,417,610 and 297,795,016 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,663 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 291,942,235 and 297,795,016 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,586 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 293,549,767 and 297,795,016 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,520 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 295,737,821 and 297,795,016 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,478 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10,814, respectively | 28,992,000,000 | 28,682,000,000 | 28,075,000,000 | 27,829,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholdersʼ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholdersʼ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 297,795,016 and 308,240,130 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholdersʼ equity | 12,188,000,000 | 12,408,000,000 | 9,760,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholdersʼ equity | 34,260,000,000 | 33,241,000,000 | 30,342,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 1,556,000,000 | 2,000,000,000 | 1,749,000,000 | 410,000,000 | 1,916,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of net income to net cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 1,059,000,000 | 956,000,000 | 922,000,000 | 226,000,000 | 869,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
gains and losses on properties and investments | -30,000,000 | -13,000,000 | -32,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities affecting operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 109,000,000 | -31,000,000 | -64,000,000 | -34,000,000 | -215,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities other than debt | -183,000,000 | 53,000,000 | 82,000,000 | 316,000,000 | 68,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other – net | -111,000,000 | -134,000,000 | 29,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 2,877,000,000 | 2,852,000,000 | 3,065,000,000 | 1,035,000,000 | 3,227,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
property additions | -2,385,000,000 | -2,118,000,000 | -2,241,000,000 | -461,000,000 | -2,160,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
property sales and other transactions | 63,000,000 | 114,000,000 | 192,000,000 | 2,000,000 | 84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
investments, including short-term | -5,000,000 | -104,000,000 | -23,000,000 | -135,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
investment sales and other transactions | 240,000,000 | 106,000,000 | 78,000,000 | 27,000,000 | 439,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -2,087,000,000 | -2,002,000,000 | -1,994,000,000 | -436,000,000 | -1,772,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends | -713,000,000 | -687,000,000 | -624,000,000 | -155,000,000 | -576,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued | 43,000,000 | 130,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase and retirement of common stock | -1,075,000,000 | -318,000,000 | -1,288,000,000 | -400,000,000 | -2,051,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings – net | 1,185,000,000 | 200,000,000 | 1,491,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
debt repayments | -102,000,000 | -645,000,000 | -362,000,000 | -218,000,000 | -600,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -662,000,000 | -1,320,000,000 | -694,000,000 | -46,000,000 | -2,006,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 128,000,000 | -470,000,000 | 377,000,000 | 553,000,000 | -551,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
at beginning of year | 973,000,000 | 1,443,000,000 | 276,000,000 | 276,000,000 | 827,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
at end of year | 1,101,000,000 | 973,000,000 | 653,000,000 | 276,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the year for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 518,000,000 | 522,000,000 | 473,000,000 | 60,000,000 | 435,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 386,000,000 | 1,102,000,000 | 618,000,000 | 2,000,000 | 289,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,344 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 298,569,765 and 308,240,130 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,188 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 301,386,849 and 308,240,130 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 11,020 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 304,849,454 and 308,240,130 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 20,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 2,000,000 | 25,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 10,814 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10,387, respectively | 27,694,000,000 | 27,230,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 308,240,130 and 308,878,402 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 10,740 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 309,441,867 and 308,878,402 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 10,271 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
9,922, respectively | 26,413,000,000 | 26,098,000,000 | 25,870,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 308,910,328 and 314,034,174 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 10,152 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 311,952,780 and 314,034,174 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 10,042 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 315,088,379 and 314,034,174 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net | 1,109,000,000 | 1,086,000,000 | 1,056,000,000 | 1,022,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 9,922 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
9,464, respectively | 25,736,000,000 | 25,260,000,000 | 24,968,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 314,034,174 and 330,386,089 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued – net | 89,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 9,859 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 316,043,185 and 330,386,089 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 9,738 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 319,516,715 and 330,386,089 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 9,596 and 9,464, respectively | 24,703,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 325,763,164 and 330,386,089 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains and losses on properties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other - net | 44,000,000 | 120,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued - net | 31,000,000 | 120,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings - net | 696,000,000 | 1,101,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
at end of period | 829,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
properties less accumulated depreciation of 9,464 and 9,262, respectively | 24,469,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; outstanding 330,386,089 and 357,362,604 shares, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in-capital | 1,912,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
norfolk southern corporation and subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidated statements of cash flows |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||
net income | 547,000,000 | 644,000,000 | 1,518,000,000 | 750,000,000 | 733,000,000 | 790,000,000 | 53,000,000 | 527,000,000 | 822,000,000 | 466,000,000 | 790,000,000 | 1,522,000,000 | 703,000,000 | 760,000,000 | 1,492,000,000 | 673,000,000 | 671,000,000 | 773,000,000 | 381,000,000 | 666,000,000 | 1,399,000,000 | 677,000,000 | 702,000,000 | 1,262,000,000 | 552,000,000 | 3,968,000,000 | 930,000,000 | 433,000,000 | 416,000,000 | 792,000,000 | 387,000,000 | 361,000,000 | 743,000,000 | 310,000,000 | 511,000,000 | 915,000,000 | 450,000,000 | 413,000,000 | 402,000,000 | 524,000,000 | 410,000,000 |
reconciliation of net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
depreciation | 352,000,000 | 353,000,000 | 692,000,000 | 346,000,000 | 342,000,000 | 672,000,000 | 337,000,000 | 330,000,000 | 642,000,000 | 321,000,000 | 309,000,000 | 606,000,000 | 302,000,000 | 298,000,000 | 586,000,000 | 292,000,000 | 287,000,000 | 574,000,000 | 292,000,000 | 285,000,000 | 567,000,000 | 283,000,000 | 282,000,000 | 546,000,000 | 272,000,000 | 268,000,000 | 525,000,000 | 260,000,000 | 260,000,000 | 511,000,000 | 253,000,000 | 289,000,000 | 494,000,000 | 246,000,000 | 241,000,000 | 456,000,000 | 228,000,000 | 234,000,000 | 232,000,000 | 230,000,000 | 226,000,000 |
deferred income taxes | 48,000,000 | -38,000,000 | 109,000,000 | 57,000,000 | 35,000,000 | 5,000,000 | -26,000,000 | 4,000,000 | -35,000,000 | -15,000,000 | 60,000,000 | 111,000,000 | 48,000,000 | 26,000,000 | 107,000,000 | 52,000,000 | 64,000,000 | 56,000,000 | 11,000,000 | 105,000,000 | 133,000,000 | 57,000,000 | 35,000,000 | 89,000,000 | 45,000,000 | -3,078,000,000 | 114,000,000 | 56,000,000 | 50,000,000 | 101,000,000 | 44,000,000 | 264,000,000 | 35,000,000 | 12,000,000 | 273,000,000 | 143,000,000 | 74,000,000 | 87,000,000 | 141,000,000 | 50,000,000 | 88,000,000 |
gains and losses on properties | -17,000,000 | -111,000,000 | -57,000,000 | -23,000,000 | -65,000,000 | -25,000,000 | -1,000,000 | -15,000,000 | -25,000,000 | -4,000,000 | -28,000,000 | -37,000,000 | -6,000,000 | -6,000,000 | -75,000,000 | -8,000,000 | -25,000,000 | -11,000,000 | -8,000,000 | -38,000,000 | -7,000,000 | -18,000,000 | -145,000,000 | -14,000,000 | -8,000,000 | -30,000,000 | -20,000,000 | -9,000,000 | -7,000,000 | -2,000,000 | |||||||||||
changes in assets and liabilities affecting operations: | |||||||||||||||||||||||||||||||||||||||||
accounts receivable | -135,000,000 | 112,000,000 | -57,000,000 | -165,000,000 | 241,000,000 | -43,000,000 | -51,000,000 | 63,000,000 | 57,000,000 | -22,000,000 | 3,000,000 | -230,000,000 | -94,000,000 | -31,000,000 | -96,000,000 | -95,000,000 | 35,000,000 | 98,000,000 | 32,000,000 | 53,000,000 | -30,000,000 | -39,000,000 | 32,000,000 | -92,000,000 | -26,000,000 | 18,000,000 | -12,000,000 | -53,000,000 | 15,000,000 | -17,000,000 | -15,000,000 | 157,000,000 | 23,000,000 | 48,000,000 | 37,000,000 | -49,000,000 | -8,000,000 | 8,000,000 | -30,000,000 | -34,000,000 | |
materials and supplies | -41,000,000 | 26,000,000 | -36,000,000 | 4,000,000 | 11,000,000 | -44,000,000 | -6,000,000 | 39,000,000 | -19,000,000 | -9,000,000 | 23,000,000 | -71,000,000 | -46,000,000 | 17,000,000 | -25,000,000 | -20,000,000 | 26,000,000 | -13,000,000 | -21,000,000 | 22,000,000 | -49,000,000 | -21,000,000 | 60,000,000 | -38,000,000 | -23,000,000 | 23,000,000 | -32,000,000 | -24,000,000 | 72,000,000 | -35,000,000 | -44,000,000 | 17,000,000 | -41,000,000 | -32,000,000 | 13,000,000 | -12,000,000 | -30,000,000 | 6,000,000 | -14,000,000 | -19,000,000 | |
other current assets | 45,000,000 | -91,000,000 | 54,000,000 | 31,000,000 | -75,000,000 | 57,000,000 | 33,000,000 | -91,000,000 | 36,000,000 | 12,000,000 | -75,000,000 | 30,000,000 | 21,000,000 | -63,000,000 | 30,000,000 | 9,000,000 | -52,000,000 | 30,000,000 | -33,000,000 | -44,000,000 | 55,000,000 | 12,000,000 | -91,000,000 | 19,000,000 | 13,000,000 | -139,000,000 | 48,000,000 | 31,000,000 | -48,000,000 | 103,000,000 | 84,000,000 | -103,000,000 | 282,000,000 | 176,000,000 | -307,000,000 | 28,000,000 | 17,000,000 | 20,000,000 | 18,000,000 | 5,000,000 | |
current liabilities other than debt | -388,000,000 | 234,000,000 | -106,000,000 | 22,000,000 | -226,000,000 | 596,000,000 | 560,000,000 | -103,000,000 | 460,000,000 | 480,000,000 | -250,000,000 | 75,000,000 | 83,000,000 | -11,000,000 | 170,000,000 | 158,000,000 | -70,000,000 | -40,000,000 | -113,000,000 | -30,000,000 | -27,000,000 | 50,000,000 | 134,000,000 | 12,000,000 | -30,000,000 | 93,000,000 | 188,000,000 | 9,000,000 | 25,000,000 | 200,000,000 | -242,000,000 | -1,000,000 | -97,000,000 | -205,000,000 | 6,000,000 | 96,000,000 | -101,000,000 | 21,000,000 | -154,000,000 | 316,000,000 | |
other – net | -67,000,000 | -66,000,000 | -90,000,000 | -72,000,000 | -45,000,000 | -133,000,000 | -60,000,000 | -81,000,000 | -92,000,000 | -56,000,000 | -34,000,000 | 5,000,000 | -17,000,000 | -48,000,000 | -92,000,000 | -46,000,000 | -66,000,000 | -134,000,000 | -44,000,000 | -41,000,000 | -86,000,000 | -43,000,000 | -83,000,000 | -80,000,000 | -21,000,000 | -212,000,000 | -70,000,000 | -36,000,000 | -44,000,000 | -41,000,000 | -28,000,000 | -35,000,000 | -21,000,000 | -28,000,000 | -68,000,000 | 32,000,000 | 36,000,000 | -5,000,000 | -15,000,000 | ||
net cash from operating activities | 344,000,000 | 1,063,000,000 | 2,027,000,000 | 950,000,000 | 951,000,000 | 1,875,000,000 | 839,000,000 | 673,000,000 | 1,846,000,000 | 1,173,000,000 | 798,000,000 | 2,011,000,000 | 994,000,000 | 942,000,000 | 2,097,000,000 | 1,015,000,000 | 870,000,000 | 1,758,000,000 | 955,000,000 | 895,000,000 | 1,952,000,000 | 881,000,000 | 842,000,000 | 1,826,000,000 | 816,000,000 | 788,000,000 | 1,576,000,000 | 846,000,000 | 722,000,000 | 1,432,000,000 | 879,000,000 | 698,000,000 | 1,473,000,000 | 605,000,000 | 506,000,000 | 1,506,000,000 | 723,000,000 | 1,035,000,000 | |||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
free cash flows | 344,000,000 | 1,063,000,000 | 2,027,000,000 | 950,000,000 | 951,000,000 | 1,875,000,000 | 839,000,000 | 673,000,000 | 1,846,000,000 | 1,173,000,000 | 798,000,000 | 2,011,000,000 | 994,000,000 | 942,000,000 | 2,097,000,000 | 1,015,000,000 | 870,000,000 | 1,758,000,000 | 955,000,000 | 895,000,000 | 1,952,000,000 | 881,000,000 | 842,000,000 | 1,826,000,000 | 816,000,000 | 788,000,000 | 1,576,000,000 | 846,000,000 | 722,000,000 | 1,432,000,000 | 879,000,000 | 698,000,000 | 1,473,000,000 | 605,000,000 | 506,000,000 | 1,506,000,000 | 723,000,000 | 1,035,000,000 | |||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||
property additions | -382,000,000 | -729,000,000 | -924,000,000 | -449,000,000 | -675,000,000 | -1,125,000,000 | -557,000,000 | -853,000,000 | -948,000,000 | -428,000,000 | -666,000,000 | -837,000,000 | -389,000,000 | -445,000,000 | -627,000,000 | -265,000,000 | -441,000,000 | -735,000,000 | -366,000,000 | -525,000,000 | -979,000,000 | -467,000,000 | -625,000,000 | -836,000,000 | -383,000,000 | -408,000,000 | -883,000,000 | -438,000,000 | -583,000,000 | -932,000,000 | -398,000,000 | -608,000,000 | -886,000,000 | -392,000,000 | -739,000,000 | -884,000,000 | -379,000,000 | -719,000,000 | -554,000,000 | -507,000,000 | -461,000,000 |
property sales and other transactions | 162,000,000 | 44,000,000 | 66,000,000 | 18,000,000 | 31,000,000 | 70,000,000 | 32,000,000 | 24,000,000 | 61,000,000 | 20,000,000 | 70,000,000 | 100,000,000 | 36,000,000 | 24,000,000 | 66,000,000 | 37,000,000 | 42,000,000 | 258,000,000 | 158,000,000 | 95,000,000 | 214,000,000 | 152,000,000 | 111,000,000 | 48,000,000 | 13,000,000 | 65,000,000 | 60,000,000 | 35,000,000 | 43,000,000 | 40,000,000 | 12,000,000 | 20,000,000 | 32,000,000 | 16,000,000 | 45,000,000 | 68,000,000 | 19,000,000 | 145,000,000 | 32,000,000 | 13,000,000 | 2,000,000 |
investment purchases | -3,000,000 | -6,000,000 | -613,000,000 | -609,000,000 | -1,000,000 | -206,000,000 | -1,000,000 | -4,000,000 | -6,000,000 | -4,000,000 | -7,000,000 | -1,000,000 | -5,000,000 | -5,000,000 | -7,000,000 | -5,000,000 | -6,000,000 | -12,000,000 | -2,000,000 | -6,000,000 | -4,000,000 | -2,000,000 | -3,000,000 | -4,000,000 | -2,000,000 | -4,000,000 | -23,000,000 | -23,000,000 | |||||||||||||
investment sales and other transactions | 10,000,000 | 47,000,000 | 36,000,000 | 19,000,000 | 656,000,000 | 337,000,000 | 324,000,000 | 45,000,000 | 152,000,000 | 17,000,000 | 57,000,000 | 30,000,000 | 19,000,000 | 51,000,000 | 37,000,000 | 26,000,000 | 49,000,000 | -58,000,000 | -25,000,000 | -5,000,000 | -75,000,000 | -33,000,000 | 3,000,000 | 6,000,000 | 1,000,000 | 39,000,000 | 3,000,000 | 1,000,000 | 42,000,000 | 3,000,000 | 1,000,000 | 208,000,000 | 5,000,000 | 1,000,000 | 46,000,000 | 16,000,000 | 41,000,000 | 4,000,000 | 6,000,000 | 27,000,000 | |
net cash from investing activities | -213,000,000 | -644,000,000 | -1,435,000,000 | -1,021,000,000 | 11,000,000 | -2,567,000,000 | -1,844,000,000 | -788,000,000 | -741,000,000 | -391,000,000 | -543,000,000 | -714,000,000 | -335,000,000 | -375,000,000 | -529,000,000 | -202,000,000 | -357,000,000 | -540,000,000 | -233,000,000 | -441,000,000 | -852,000,000 | -350,000,000 | -517,000,000 | -786,000,000 | -371,000,000 | -307,000,000 | -824,000,000 | -404,000,000 | -502,000,000 | -912,000,000 | -408,000,000 | -380,000,000 | -852,000,000 | -378,000,000 | -748,000,000 | -807,000,000 | -366,000,000 | -436,000,000 | |||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||
dividends | -303,000,000 | -303,000,000 | -609,000,000 | -306,000,000 | -306,000,000 | -610,000,000 | -305,000,000 | -305,000,000 | -615,000,000 | -307,000,000 | -286,000,000 | -591,000,000 | -297,000,000 | -264,000,000 | -496,000,000 | -249,000,000 | -238,000,000 | -482,000,000 | -242,000,000 | -244,000,000 | -458,000,000 | -230,000,000 | -217,000,000 | -408,000,000 | -205,000,000 | -174,000,000 | -354,000,000 | -177,000,000 | -172,000,000 | -350,000,000 | -176,000,000 | -176,000,000 | -360,000,000 | -181,000,000 | -176,000,000 | -315,000,000 | -157,000,000 | -157,000,000 | -159,000,000 | -153,000,000 | -155,000,000 |
common stock transactions | -11,000,000 | 1,000,000 | -8,000,000 | -9,000,000 | 11,000,000 | -5,000,000 | -6,000,000 | 12,000,000 | -9,000,000 | -10,000,000 | 1,000,000 | -14,000,000 | -18,000,000 | 9,000,000 | 6,000,000 | -6,000,000 | 16,000,000 | 26,000,000 | 14,000,000 | 6,000,000 | 18,000,000 | 2,000,000 | 2,000,000 | 15,000,000 | -1,000,000 | 14,000,000 | 42,000,000 | 34,000,000 | 24,000,000 | 1,000,000 | -7,000,000 | ||||||||||
purchase and retirement of common stock | -5,000,000 | 0 | -456,000,000 | -248,000,000 | -119,000,000 | -303,000,000 | -163,000,000 | -826,000,000 | -1,454,000,000 | -600,000,000 | -930,000,000 | -1,525,000,000 | -591,000,000 | -479,000,000 | -669,000,000 | -466,000,000 | -549,000,000 | -1,050,000,000 | -500,000,000 | -481,000,000 | -700,000,000 | -300,000,000 | -300,000,000 | -402,000,000 | -200,000,000 | -200,000,000 | -400,000,000 | -200,000,000 | -78,000,000 | -765,000,000 | -415,000,000 | -152,000,000 | -314,000,000 | -33,000,000 | -138,000,000 | -300,000,000 | -450,000,000 | -400,000,000 | |||
debt repayments | -1,000,000 | -5,000,000 | -253,000,000 | -1,000,000 | -1,000,000 | -202,000,000 | -401,000,000 | -802,000,000 | -800,000,000 | -2,000,000 | -550,000,000 | -1,000,000 | -8,000,000 | -85,000,000 | -84,000,000 | -56,000,000 | -314,000,000 | -438,000,000 | -750,000,000 | 0 | -750,000,000 | -100,000,000 | -52,000,000 | -650,000,000 | -100,000,000 | 0 | -600,000,000 | -600,000,000 | 0 | -102,000,000 | -101,000,000 | 0 | -216,000,000 | -203,000,000 | -4,000,000 | -122,000,000 | -18,000,000 | -218,000,000 | |||
net cash from financing activities | -320,000,000 | -307,000,000 | -930,000,000 | -564,000,000 | -296,000,000 | -217,000,000 | 89,000,000 | 177,000,000 | -1,005,000,000 | -686,000,000 | -1,013,000,000 | -877,000,000 | 73,000,000 | -1,193,000,000 | -1,013,000,000 | -930,000,000 | -757,000,000 | -655,000,000 | -694,000,000 | -414,000,000 | -1,186,000,000 | -478,000,000 | -696,000,000 | -1,300,000,000 | -63,000,000 | -515,000,000 | -1,066,000,000 | -443,000,000 | -248,000,000 | -755,000,000 | -983,000,000 | 350,000,000 | -705,000,000 | -676,000,000 | -217,000,000 | -765,000,000 | -338,000,000 | -46,000,000 | |||
cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||
at beginning of year | 1,530,000,000 | 0 | 1,641,000,000 | 1,641,000,000 | 0 | 1,568,000,000 | 1,568,000,000 | 0 | 456,000,000 | 456,000,000 | 0 | 839,000,000 | 839,000,000 | 0 | 1,115,000,000 | 1,115,000,000 | 0 | 580,000,000 | 580,000,000 | 0 | 446,000,000 | 446,000,000 | 0 | 690,000,000 | 690,000,000 | 0 | 956,000,000 | 956,000,000 | 0 | 1,101,000,000 | 1,101,000,000 | 0 | 973,000,000 | 973,000,000 | 0 | 0 | 0 | 276,000,000 | |||
at end of period | 1,341,000,000 | 1,303,000,000 | 1,006,000,000 | 659,000,000 | 652,000,000 | 556,000,000 | 552,000,000 | 1,259,000,000 | 1,571,000,000 | 1,670,000,000 | 998,000,000 | 1,143,000,000 | 608,000,000 | 360,000,000 | 499,000,000 | 430,000,000 | 1,072,000,000 | 642,000,000 | 955,000,000 | 866,000,000 | 589,000,000 | 889,000,000 | 524,000,000 | 587,000,000 | 672,000,000 | 337,000,000 | -473,000,000 | 829,000,000 | |||||||||||||
supplemental disclosures of cash flow information | |||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | |||||||||||||||||||||||||||||||||||||||||
interest | 185,000,000 | 195,000,000 | 378,000,000 | 192,000,000 | 193,000,000 | 373,000,000 | 182,000,000 | 202,000,000 | 318,000,000 | 129,000,000 | 194,000,000 | 294,000,000 | 114,000,000 | 188,000,000 | 281,000,000 | 110,000,000 | 182,000,000 | 287,000,000 | 121,000,000 | 163,000,000 | 271,000,000 | 112,000,000 | 169,000,000 | 246,000,000 | 69,000,000 | 183,000,000 | 270,000,000 | 70,000,000 | 206,000,000 | 260,000,000 | 70,000,000 | 198,000,000 | 249,000,000 | 71,000,000 | 182,000,000 | 244,000,000 | 62,000,000 | 176,000,000 | 65,000,000 | 172,000,000 | 60,000,000 |
income taxes | 138,000,000 | 58,000,000 | 414,000,000 | 1,000,000 | 21,000,000 | 107,000,000 | -2,000,000 | 160,000,000 | 315,000,000 | -1,000,000 | 172,000,000 | 321,000,000 | 9,000,000 | 186,000,000 | 249,000,000 | 27,000,000 | 193,000,000 | 1,000,000 | 16,000,000 | 139,000,000 | 215,000,000 | 9,000,000 | 205,000,000 | 126,000,000 | 7,000,000 | 111,000,000 | 341,000,000 | 12,000,000 | 184,000,000 | 251,000,000 | 2,000,000 | 36,000,000 | 55,000,000 | 12,000,000 | 369,000,000 | 238,000,000 | 23,000,000 | 82,000,000 | 272,000,000 | 262,000,000 | 2,000,000 |
acquisition of assets of csr | 0 | -1,643,000,000 | -1,642,000,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from borrowings | 0 | 396,000,000 | 0 | 600,000,000 | 400,000,000 | 990,000,000 | 724,000,000 | 594,000,000 | 100,000,000 | 1,732,000,000 | 989,000,000 | 1,087,000,000 | 784,000,000 | ||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 666,000,000 | -909,000,000 | -916,000,000 | 62,000,000 | 100,000,000 | 96,000,000 | -758,000,000 | 420,000,000 | 732,000,000 | -626,000,000 | 555,000,000 | -117,000,000 | 382,000,000 | -84,000,000 | -449,000,000 | -459,000,000 | -66,000,000 | 19,000,000 | 553,000,000 | ||||||||||||||||||||||
at end of year | |||||||||||||||||||||||||||||||||||||||||
cash paid during the year for: | |||||||||||||||||||||||||||||||||||||||||
loss on asset disposal | 0 | 385,000,000 | 385,000,000 | ||||||||||||||||||||||||||||||||||||||
impairment of investment | 0 | ||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings – net of issuance costs | 0 | 788,000,000 | 1,054,000,000 | 250,000,000 | 0 | 543,000,000 | 543,000,000 | ||||||||||||||||||||||||||||||||||
other | |||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | -244,000,000 | 563,000,000 | 28,000,000 | ||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash: | |||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | |||||||||||||||||||||||||||||||||||||||||
reconciliation of net income to net cash | |||||||||||||||||||||||||||||||||||||||||
provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, | |||||||||||||||||||||||||||||||||||||||||
and restricted cash | -86,000,000 | 53,000,000 | |||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents: | |||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings – net | 298,000,000 | 100,000,000 | 594,000,000 | 591,000,000 | 494,000,000 | 100,000,000 | 200,000,000 | 595,000,000 | |||||||||||||||||||||||||||||||||
gains and losses on properties and investments | -8,000,000 | -10,000,000 | -18,000,000 | -5,000,000 | 0 | -99,000,000 | |||||||||||||||||||||||||||||||||||
investments, including short-term | 0 | -3,000,000 | -3,000,000 | -100,000,000 | -9,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||
common stock issued | 13,000,000 | 28,000,000 | 21,000,000 | ||||||||||||||||||||||||||||||||||||||
common stock issued – net | 80,000,000 | 55,000,000 | 12,000,000 | 30,000,000 | |||||||||||||||||||||||||||||||||||||
at beginning of period | 653,000,000 | 653,000,000 | |||||||||||||||||||||||||||||||||||||||
gains on properties | -99,000,000 | ||||||||||||||||||||||||||||||||||||||||
reconciliation of net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||
net cash provided by operating activities | 813,000,000 | ||||||||||||||||||||||||||||||||||||||||
net cash used in investing activities | -520,000,000 | ||||||||||||||||||||||||||||||||||||||||
net cash used in financing activities | 44,000,000 | ||||||||||||||||||||||||||||||||||||||||
net increase (decrease) in cash and cash equivalents | 337,000,000 | ||||||||||||||||||||||||||||||||||||||||
other - net | 44,000,000 | ||||||||||||||||||||||||||||||||||||||||
common stock issued - net | 31,000,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings - net | 696,000,000 | ||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | |||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. |