10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNION PACIFIC CORP | |||
Ticker: UNP Fiscal Year: 2021 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 4, 2022) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Operating revenues: | |||
| Operating revenues | $ 21,804 | 19,533 | 21,708 |
| Operating expenses: | |||
| Compensation and benefits | 4,158 | 3,993 | 4,533 |
| Depreciation | 2,208 | 2,210 | 2,216 |
| Fuel | 2,049 | 1,314 | 2,107 |
| Purchased services and materials | 2,016 | 1,962 | 2,254 |
| Equipment and other rents | 859 | 875 | 984 |
| Other | 1,176 | 1,345 | 1,060 |
| Total operating expenses | 12,466 | 11,699 | 13,154 |
| Operating income | 9,338 | 7,834 | 8,554 |
| Other income, net (Note 6) | 297 | 287 | 243 |
| Interest expense | (1,157) | (1,141) | (1,050) |
| Income before income taxes | 8,478 | 6,980 | 7,747 |
| Income tax expense (Note 7) | (1,955) | (1,631) | (1,828) |
| Net income | 6,523 | 5,349 | 5,919 |
| Share and Per Share (Note 8): | |||
| Earnings per share - basic (in dollars per share) | 9.9800 | 7.9000 | 8.4100 |
| Earnings per share - diluted (in dollars per share) | 9.9500 | 7.8800 | 8.3800 |
| Weighted average number of shares - basic (in shares) | 653,800 | 677,300 | 703,500 |
| Weighted average number of shares - diluted (in shares) | 655,400 | 679,100 | 706,100 |
| Product and Service | |||
| Cargo and Freight | |||
| Operating revenues | 20,244 | 18,251 | 20,243 |
| Product and Service, Other | |||
| Operating revenues | 1,560 | 1,282 | 1,465 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNION PACIFIC CORP | |||
Ticker: UNP Fiscal Year: 2021 | |||
Consolidated Statements Of Comprehensive Income | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 4, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Net income | $ 6,523 | 5,349 | 5,919 |
| Other comprehensive income/(loss): | |||
| Defined benefit plans | 723 | (231) | 42 |
| Foreign currency translation | (44) | (6) | 17 |
| Total other comprehensive income/(loss) | 679 [1] | (237) | 59 |
| Comprehensive income | 7,202 | 5,112 | 5,978 |
| [1] Net of deferred taxes of ($237) million, $75 million, and ($15) million during 2021, 2020, and 2019, respectively. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNION PACIFIC CORP | |||
Ticker: UNP Fiscal Year: 2021 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 4, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Operating Activities | |||
| Net income | $ 6,523 | 5,349 | 5,919 |
| Adjustments to reconcile net income to cash provided by operating activities: | |||
| Depreciation | 2,208 | 2,210 | 2,216 |
| Deferred and other income taxes | 154 | 340 | 566 |
| Gain on non-operating asset dispositions | (98) | (115) | (20) |
| Other operating activities, net | 42 | 490 | 98 |
| Changes in current assets and liabilities: | |||
| Accounts receivable, net | (217) | 90 | 160 |
| Materials and supplies | 17 | 113 | (9) |
| Other current assets | 31 | (34) | 87 |
| Accounts payable and other current liabilities | 184 | (73) | (179) |
| Income and other taxes | 188 | 170 | (229) |
| Cash provided by operating activities | 9,032 | 8,540 | 8,609 |
| Investing Activities | |||
| Capital investments | (2,936) | (2,927) | (3,453) |
| Proceeds from asset sales | 178 | 149 | 74 |
| Maturities of short-term investments (Note 13) | 94 | 141 | 130 |
| Purchases of short-term investments (Note 13) | (70) | (136) | (115) |
| Other investing activities, net | 25 | 97 | (71) |
| Cash used in investing activities | (2,709) | (2,676) | (3,435) |
| Financing Activities | |||
| Share repurchase programs (Note 18) | (7,291) | (3,705) | (5,804) |
| Debt issued (Note 14) | 4,201 | 4,004 | 3,986 |
| Dividends paid | (2,800) | (2,626) | (2,598) |
| Debt repaid | (1,299) | (2,053) | (817) |
| Net issued/(paid) commercial paper (Note 14) | 325 | (127) | (6) |
| Debt exchange (Note 14) | (270) | (328) | (387) |
| Other financing activities, net | (24) | (67) | (20) |
| Cash used in financing activities | (7,158) | (4,902) | (5,646) |
| Net change in cash, cash equivalents, and restricted cash | (835) | 962 | (472) |
| Cash, cash equivalents, and restricted cash at beginning of year | 1,818 | 856 | |
| Cash, cash equivalents, and restricted cash at end of year | 983 | 1,818 | 856 |
| Non-cash investing and financing activities: | |||
| Term loan renewals (Note 14) | 100 | 250 | 250 |
| Capital investments accrued but not yet paid | 263 | 166 | 224 |
| Locomotives sold for material credits | 0 | 0 | 18 |
| Cash paid during the year for: | |||
| Income taxes, net of refunds | (1,658) | (1,214) | (1,382) |
| Interest, net of amounts capitalized | (1,087) | (1,050) | (1,033) |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNION PACIFIC CORP | ||
Ticker: UNP Fiscal Year: 2021 | ||
Consolidated Statements Of Financial Position | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 4, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Current assets: | ||
| Cash and cash equivalents | $ 960 | 1,799 |
| Short-term investments (Note 13) | 46 | 60 |
| Accounts receivable, net (Note 10) | 1,722 | 1,505 |
| Materials and supplies | 621 | 638 |
| Other current assets | 202 | 212 |
| Total current assets | 3,551 | 4,214 |
| Investments | 2,241 | 2,164 |
| Properties, net (Note 11) | 54,871 | 54,161 |
| Operating lease assets (Note 16) | 1,787 | 1,610 |
| Other assets | 1,075 | 249 |
| Total assets | 63,525 | 62,398 |
| Current liabilities: | ||
| Accounts payable and other current liabilities (Note 12) | 3,578 | 3,104 |
| Debt due within one year (Note 14) | 2,166 | 1,069 |
| Total current liabilities | 5,744 | 4,173 |
| Debt due after one year (Note 14) | 27,563 | 25,660 |
| Operating lease liabilities (Note 16) | 1,429 | 1,283 |
| Deferred income taxes (Note 7) | 12,675 | 12,247 |
| Other long-term liabilities | 1,953 | 2,077 |
| Commitments and contingencies (Note 17) | ||
| Total liabilities | 49,364 | 45,440 |
| Common shareholders' equity: | ||
| Common shares, $2.50 par value, 1,400,000,000 authorized; 1,112,440,400 and 1,112,227,784 issued; 638,841,656 and 671,351,360 outstanding, respectively | 2,781 | 2,781 |
| Paid-in-surplus | 4,979 | 4,864 |
| Retained earnings | 55,049 | 51,326 |
| Treasury stock | (47,734) | (40,420) |
| Accumulated other comprehensive loss (Note 9) | (914) | (1,593) |
| Total common shareholders' equity | 14,161 | 16,958 |
| Total liabilities and common shareholders' equity | 63,525 | 62,398 |
| External Links | |
| UNION PACIFIC CORP (UNP) Fiscal Year 2021 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |