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: 2022 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 10, 2023) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Operating revenues: | |||
| Operating revenues | $ 24,875 | 21,804 | 19,533 |
| Operating expenses: | |||
| Compensation and benefits | 4,645 | 4,158 | 3,993 |
| Fuel | 3,439 | 2,049 | 1,314 |
| Purchased services and materials | 2,442 | 2,016 | 1,962 |
| Depreciation | 2,246 | 2,208 | 2,210 |
| Equipment and other rents | 898 | 859 | 875 |
| Other | 1,288 | 1,176 | 1,345 |
| Total operating expenses | 14,958 | 12,466 | 11,699 |
| Operating income | 9,917 | 9,338 | 7,834 |
| Other income, net (Note 6) | 426 | 297 | 287 |
| Interest expense | (1,271) | (1,157) | (1,141) |
| Income before income taxes | 9,072 | 8,478 | 6,980 |
| Income tax expense (Note 7) | (2,074) | (1,955) | (1,631) |
| Net income | 6,998 | 6,523 | 5,349 |
| Share and Per Share (Note 8): | |||
| Earnings per share - basic (in dollars per share) | 11.2400 | 9.9800 | 7.9000 |
| Earnings per share - diluted (in dollars per share) | 11.2100 | 9.9500 | 7.8800 |
| Weighted average number of shares - basic (in shares) | 622,700 | 653,800 | 677,300 |
| Weighted average number of shares - diluted (in shares) | 624,000 | 655,400 | 679,100 |
| Product and Service | |||
| Cargo and Freight | |||
| Operating revenues | 23,159 | 20,244 | 18,251 |
| Product and Service, Other | |||
| Operating revenues | 1,716 | 1,560 | 1,282 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNION PACIFIC CORP | |||
Ticker: UNP Fiscal Year: 2022 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 10, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Net income | $ 6,998 | 6,523 | 5,349 |
| Other comprehensive income/(loss): | |||
| Defined benefit plans | 280 | 723 | (231) |
| Foreign currency translation | 52 | (44) | (6) |
| Total other comprehensive income/(loss) | 332 | 679 [1] | (237) |
| Comprehensive income | 7,330 | 7,202 | 5,112 |
| [1] Net of deferred taxes of ($92) million, ($237) million, and $75 million during 2022, 2021, and 2020, respectively. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNION PACIFIC CORP | |||
Ticker: UNP Fiscal Year: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 10, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Operating Activities | |||
| Net income | $ 6,998 | 6,523 | 5,349 |
| Adjustments to reconcile net income to cash provided by operating activities: | |||
| Depreciation | 2,246 | 2,208 | 2,210 |
| Deferred and other income taxes | 262 | 154 | 340 |
| Gain on non-operating asset dispositions | (176) | (98) | (115) |
| Other operating activities, net | 24 | 42 | 490 |
| Changes in current assets and liabilities: | |||
| Accounts receivable, net | (169) | (217) | 90 |
| Materials and supplies | (120) | 17 | 113 |
| Other current assets | 5 | 31 | (34) |
| Accounts payable and other current liabilities | 565 | 184 | (73) |
| Income and other taxes | (273) | 188 | 170 |
| Cash provided by operating activities | 9,362 | 9,032 | 8,540 |
| Investing Activities | |||
| Capital investments | (3,620) | (2,936) | (2,927) |
| Proceeds from asset sales | 194 | 178 | 149 |
| Maturities of short-term investments (Note 13) | 46 | 94 | 141 |
| Purchases of short-term investments (Note 13) | (46) | (70) | (136) |
| Other investing activities, net | (45) | 25 | 97 |
| Cash used in investing activities | (3,471) | (2,709) | (2,676) |
| Financing Activities | |||
| Share repurchase programs (Note 18) | (6,282) | (7,291) | (3,705) |
| Debt issued (Note 14) | 6,080 | 4,201 | 4,004 |
| Dividends paid | (3,159) | (2,800) | (2,626) |
| Debt repaid | (2,291) | (1,299) | (2,053) |
| Net issued/(paid) commercial paper (Note 14) | (205) | 325 | (127) |
| Debt exchange (Note 14) | 0 | (270) | (328) |
| Other financing activities, net | (30) | (24) | (67) |
| Cash used in financing activities | (5,887) | (7,158) | (4,902) |
| Net change in cash, cash equivalents, and restricted cash | 4 | (835) | 962 |
| Cash, cash equivalents, and restricted cash at beginning of year | 983 | 1,818 | |
| Cash, cash equivalents, and restricted cash at end of year | 987 | 983 | 1,818 |
| Non-cash investing and financing activities: | |||
| Capital investments accrued but not yet paid | 152 | 263 | 166 |
| Term loan renewals (Note 14) | 0 | 100 | 250 |
| Cash paid during the year for: | |||
| Income taxes, net of refunds | (2,060) | (1,658) | (1,214) |
| Interest, net of amounts capitalized | (1,156) | (1,087) | (1,050) |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNION PACIFIC CORP | ||
Ticker: UNP Fiscal Year: 2022 | ||
Consolidated Statements Of Financial Position | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 10, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| Current assets: | ||
| Cash and cash equivalents | $ 973 | 960 |
| Short-term investments (Note 13) | 46 | 46 |
| Accounts receivable, net (Note 10) | 1,891 | 1,722 |
| Materials and supplies | 741 | 621 |
| Other current assets | 301 | 202 |
| Total current assets | 3,952 | 3,551 |
| Investments | 2,375 | 2,241 |
| Properties, net (Note 11) | 56,038 | 54,871 |
| Operating lease assets (Note 16) | 1,672 | 1,787 |
| Other assets | 1,412 | 1,075 |
| Total assets | 65,449 | 63,525 |
| Current liabilities: | ||
| Accounts payable and other current liabilities (Note 12) | 3,842 | 3,578 |
| Debt due within one year (Note 14) | 1,678 | 2,166 |
| Total current liabilities | 5,520 | 5,744 |
| Debt due after one year (Note 14) | 31,648 | 27,563 |
| Operating lease liabilities (Note 16) | 1,300 | 1,429 |
| Deferred income taxes (Note 7) | 13,033 | 12,675 |
| Other long-term liabilities | 1,785 | 1,953 |
| Commitments and contingencies (Note 17) | ||
| Total liabilities | 53,286 | 49,364 |
| Common shareholders' equity: | ||
| Common shares, $2.50 par value, 1,400,000,000 authorized; 1,112,623,886 and 1,112,440,400 issued; 612,393,321 and 638,841,656 outstanding, respectively | 2,782 | 2,781 |
| Paid-in-surplus | 5,080 | 4,979 |
| Retained earnings | 58,887 | 55,049 |
| Treasury stock | (54,004) | (47,734) |
| Accumulated other comprehensive loss (Note 9) | (582) | (914) |
| Total common shareholders' equity | 12,163 | 14,161 |
| Total liabilities and common shareholders' equity | 65,449 | 63,525 |
| External Links | |
| UNION PACIFIC CORP (UNP) Fiscal Year 2022 | |
| 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 |