|
| |
Millions of Dollars, Except
Per Share Amounts,
for the Years Ended December 31 |
|
2000 |
|
1999 |
|
1998 |
|
| Operating Revenues |
|
Rail, trucking and other |
|
$11,878 |
|
$11,237 |
|
$10,514 |
| |
|
| Operating Expenses
|
Salaries, wages and employee benefits |
|
4,311 |
|
4,285 |
|
4,348 |
| Equipment and other rents |
1,281 |
1,297 |
1,390 |
| Depreciation |
1,140 |
1,083 |
1,070 |
| Fuel and utilities |
1,350 |
832 |
843 |
| Materials and supplies |
593 |
590 |
565 |
| Goodwill impairment |
– |
– |
547 |
| Casualty costs |
360 |
378 |
475 |
| Other costs |
940 |
968 |
1,447 |
|
| Total |
|
9,975 |
|
9,433 |
|
10,685 |
|
| Income |
Operating Income (Loss) |
|
1,903 |
|
1,804 |
|
(171) |
| Other income |
130 |
131 |
189 |
| Interest expense |
(723) |
(733) |
(714) |
|
| Income (Loss) before Income Taxes |
|
1,310 |
|
1,202 |
|
(696) |
| Income taxes |
(468) |
(419) |
63 |
|
| Income (Loss) from Continuing Operations |
|
842 |
|
783 |
|
(633) |
| Income from Discontinued Operations |
– |
27 |
– |
|
| Net Income (Loss) |
|
$ 842 |
|
$ 810 |
|
$ (633) |
|
| Per Share |
|
Basic: |
| |
Income (Loss) from Continuing Operations |
|
$3.42 |
|
$3.17 |
|
$(2.57) |
|
Income from Discontinued Operations |
– |
0.11 |
– |
|
Net Income (Loss) |
$3.42 |
$3.28 |
$(2.57) |
| Diluted: |
|
|
Income (Loss) from Continuing Operations |
$3.34 |
$3.12 |
|
$(2.57) |
|
Income from Discontinued Operations |
– |
0.10 |
– |
|
Net Income (Loss) |
$3.34 |
$3.22 |
$(2.57) |
|
| Weighted-Average Number of Shares (Basic) |
|
246.5 |
|
246.6 |
|
246.0 |
| Weighted-Average Number of Shares (Diluted) |
|
269.5 |
|
269.8 |
|
246.0 |
|
| Dividends |
|
$0.80 |
|
$0.80 |
|
$0.80 |
| |
| The accompanying notes
are an integral part of these consolidated financial statements. |
|
Responsibilities
for Financial Statements | Consolidated
Statements of Financial Position
