Investors
 
Annual Reports

C O N S O L I D A T E D   S T A T E M E N T S   O F   C H A N G E S  
 I N   C O M M O N   S H A R E H O L D E R S '   E Q U I T Y
Union Pacific Corporation and Subsidiary Companies
 

 
Millions of Dollars Common
Shares
[a] Treasury
Stock
[b] Paid-in-
Surplus
Retained
Earnings
Accumulated
Other
Comprehensive
Income
Total
Common
Shareholders'
Equity

 
Balance at January 1, 1998   $690     $(1,802)     $4,066   $5,271   $ –   $ 8,225  

 
Net Income (Loss)             (633)     (633)  
Other Comprehensive Income:                              
Foreign translation adjustment                  
  Minimum pension liability adjustment                  
Comprehensive Income (Loss)                           (633)  
Conversions, exercises of
   stock options, forfeitures
   and other – net
       287,867 in 1998
  1     10     (13)       (2)  
Dividends Declared             (197)     (197)  

 
Balance at December 31, 1998   691     (1,792)     4,053   4,441     7,393  

 
Net Income             810     810  
Other Comprehensive Income (Loss):                              
  Foreign translation adjustment               (4)   (4)  
  Minimum pension liability adjustment               (2)   (2)  
Comprehensive Income                           804  
Conversions, exercises of
   stock options, forfeitures
   and other – net
       (41,206) shares in 1999
      36     (34)       2  
Dividends Declared             (198)     (198)  

 
Balance at December 31, 1999   691     (1,756)     4,019   5,053   (6)   8,001  

 
Net Income 842 842  
Other Comprehensive Income:  
Foreign translation adjustment 6 6  
Minimum pension liability adjustment  
Comprehensive Income                           848  
Conversions, exercises of
   stock options, forfeitures
   and other – net
       (1,060,242) shares in 2000
(3) 7 5 9  
Dividends Declared (196) (196)  

 
Balance at December 31, 2000 $ 688 $(1,749) $4,024 $5,699 $ – $8,662  

[a] Common stock $2.50 par value; 500,000,000 shares authorized; 275,233,975 shares issued at the end of 2000; 276,294,217 shares issued at the end of 1999; 276,335,423 shares issued at the end of 1998.

[b] Shares at cost: 28,413,483 at the end of 2000; 28,510,907 at the end of 1999; 28,885,160 at the end of 1998.

Consolidated Statements of Cash Flows | Notes to the Consolidated Financial Statements