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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   I N C O M E
Union Pacific Corporation and Subsidiary Companies
 

  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