Revenues from contracts with customers |
Note 23. Revenues from contracts with customers The following tables summarize customer contract revenues disaggregated by reportable segment and the source of the revenue (in millions). Other revenues, which are not considered to be revenues from contracts with customers under GAAP, are primarily insurance premiums earned, interest, dividend and other investment income and leasing revenues.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BNSF |
|
|
BHE |
|
|
Manufacturing |
|
|
Service and Retailing |
|
|
Pilot |
|
|
McLane |
|
|
Insurance, Corporate and other |
|
|
Total |
|
Three months ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Manufactured products: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial and commercial |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
7,702 |
|
|
$ |
45 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
7,747 |
|
Building |
|
|
— |
|
|
|
— |
|
|
|
5,123 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
5,123 |
|
Consumer |
|
|
— |
|
|
|
— |
|
|
|
4,361 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
4,361 |
|
Grocery and convenience store distribution |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
7,516 |
|
|
|
— |
|
|
|
7,516 |
|
Food and beverage distribution |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
4,663 |
|
|
|
— |
|
|
|
4,663 |
|
Auto sales |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2,911 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2,911 |
|
Other retail and wholesale distribution |
|
|
— |
|
|
|
— |
|
|
|
952 |
|
|
|
3,785 |
|
|
|
9,996 |
|
|
|
— |
|
|
|
— |
|
|
|
14,733 |
|
Service |
|
|
5,700 |
|
|
|
1,175 |
|
|
|
429 |
|
|
|
1,747 |
|
|
|
68 |
|
|
|
208 |
|
|
|
— |
|
|
|
9,327 |
|
Electricity and natural gas |
|
|
— |
|
|
|
5,025 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
5,025 |
|
Total |
|
|
5,700 |
|
|
|
6,200 |
|
|
|
18,567 |
|
|
|
8,488 |
|
|
|
10,064 |
|
|
|
12,387 |
|
|
|
— |
|
|
|
61,406 |
|
Other revenues |
|
|
46 |
|
|
|
205 |
|
|
|
1,373 |
|
|
|
2,183 |
|
|
|
31 |
|
|
|
12 |
|
|
|
27,259 |
|
|
|
31,109 |
|
|
|
$ |
5,746 |
|
|
$ |
6,405 |
|
|
$ |
19,940 |
|
|
$ |
10,671 |
|
|
$ |
10,095 |
|
|
$ |
12,399 |
|
|
$ |
27,259 |
|
|
$ |
92,515 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Manufactured products: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial and commercial |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
15,055 |
|
|
$ |
118 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
15,173 |
|
Building |
|
|
— |
|
|
|
— |
|
|
|
9,711 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
9,711 |
|
Consumer |
|
|
— |
|
|
|
— |
|
|
|
8,621 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
8,621 |
|
Grocery and convenience store distribution |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
14,958 |
|
|
|
— |
|
|
|
14,958 |
|
Food and beverage distribution |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
9,036 |
|
|
|
— |
|
|
|
9,036 |
|
Auto sales |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
5,612 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
5,612 |
|
Other retail and wholesale distribution |
|
|
— |
|
|
|
— |
|
|
|
1,829 |
|
|
|
7,354 |
|
|
|
20,149 |
|
|
|
— |
|
|
|
— |
|
|
|
29,332 |
|
Service |
|
|
11,353 |
|
|
|
1,966 |
|
|
|
712 |
|
|
|
3,386 |
|
|
|
131 |
|
|
|
401 |
|
|
|
— |
|
|
|
17,949 |
|
Electricity and natural gas |
|
|
— |
|
|
|
10,371 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
10,371 |
|
Total |
|
|
11,353 |
|
|
|
12,337 |
|
|
|
35,928 |
|
|
|
16,470 |
|
|
|
20,280 |
|
|
|
24,395 |
|
|
|
— |
|
|
|
120,763 |
|
Other revenues |
|
|
92 |
|
|
|
412 |
|
|
|
2,764 |
|
|
|
4,313 |
|
|
|
237 |
|
|
|
20 |
|
|
|
53,639 |
|
|
|
61,477 |
|
|
|
$ |
11,445 |
|
|
$ |
12,749 |
|
|
$ |
38,692 |
|
|
$ |
20,783 |
|
|
$ |
20,517 |
|
|
$ |
24,415 |
|
|
$ |
53,639 |
|
|
$ |
182,240 |
|
Notes to Consolidated Financial Statements Note 23. Revenues from contracts with customers
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BNSF |
|
|
BHE |
|
|
Manufacturing |
|
|
Service and Retailing |
|
|
Pilot |
|
|
McLane |
|
|
Insurance, Corporate and other |
|
|
Total |
|
Three months ended June 30, 2024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Manufactured products: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial and commercial |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
7,459 |
|
|
$ |
55 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
7,514 |
|
Building |
|
— |
|
|
— |
|
|
|
5,233 |
|
|
— |
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
5,233 |
|
Consumer |
|
— |
|
|
— |
|
|
|
4,588 |
|
|
— |
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
4,588 |
|
Grocery and convenience store distribution |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
7,500 |
|
|
|
— |
|
|
|
7,500 |
|
Food and beverage distribution |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
4,478 |
|
|
|
— |
|
|
|
4,478 |
|
Auto sales |
|
— |
|
|
— |
|
|
— |
|
|
|
2,714 |
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
2,714 |
|
Other retail and wholesale distribution |
|
— |
|
|
— |
|
|
|
843 |
|
|
|
3,741 |
|
|
|
12,877 |
|
|
— |
|
|
|
— |
|
|
|
17,461 |
|
Service |
|
|
5,698 |
|
|
|
1,204 |
|
|
|
402 |
|
|
|
1,437 |
|
|
|
68 |
|
|
|
245 |
|
|
|
— |
|
|
|
9,054 |
|
Electricity and natural gas |
|
— |
|
|
|
4,977 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
4,977 |
|
Total |
|
|
5,698 |
|
|
|
6,181 |
|
|
|
18,525 |
|
|
|
7,947 |
|
|
|
12,945 |
|
|
|
12,223 |
|
|
|
— |
|
|
|
63,519 |
|
Other revenues |
|
|
89 |
|
|
|
299 |
|
|
|
1,282 |
|
|
|
1,975 |
|
|
|
39 |
|
|
|
48 |
|
|
|
26,402 |
|
|
|
30,134 |
|
|
|
$ |
5,787 |
|
|
$ |
6,480 |
|
|
$ |
19,807 |
|
|
$ |
9,922 |
|
|
$ |
12,984 |
|
|
$ |
12,271 |
|
|
$ |
26,402 |
|
|
$ |
93,653 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six months ended June 30, 2024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Manufactured products: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrial and commercial |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
14,669 |
|
|
$ |
107 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
14,776 |
|
Building |
|
— |
|
|
— |
|
|
|
9,907 |
|
|
— |
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
9,907 |
|
Consumer |
|
— |
|
|
— |
|
|
|
8,781 |
|
|
— |
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
8,781 |
|
Grocery and convenience store distribution |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
15,102 |
|
|
|
— |
|
|
|
15,102 |
|
Food and beverage distribution |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
8,914 |
|
|
|
— |
|
|
|
8,914 |
|
Auto sales |
|
— |
|
|
— |
|
|
— |
|
|
|
5,266 |
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
5,266 |
|
Other retail and wholesale distribution |
|
— |
|
|
— |
|
|
|
1,662 |
|
|
|
7,509 |
|
|
|
25,270 |
|
|
— |
|
|
|
— |
|
|
|
34,441 |
|
Service |
|
|
11,316 |
|
|
|
2,010 |
|
|
|
779 |
|
|
|
2,814 |
|
|
|
132 |
|
|
|
466 |
|
|
|
— |
|
|
|
17,517 |
|
Electricity and natural gas |
|
— |
|
|
|
10,106 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
|
— |
|
|
|
10,106 |
|
Total |
|
|
11,316 |
|
|
|
12,116 |
|
|
|
35,798 |
|
|
|
15,696 |
|
|
|
25,402 |
|
|
|
24,482 |
|
|
|
— |
|
|
|
124,810 |
|
Other revenues |
|
|
108 |
|
|
|
629 |
|
|
|
2,520 |
|
|
|
3,898 |
|
|
|
76 |
|
|
|
89 |
|
|
|
51,392 |
|
|
|
58,712 |
|
|
|
$ |
11,424 |
|
|
$ |
12,745 |
|
|
$ |
38,318 |
|
|
$ |
19,594 |
|
|
$ |
25,478 |
|
|
$ |
24,571 |
|
|
$ |
51,392 |
|
|
$ |
183,522 |
|
A summary of the transaction price allocated to the significant unsatisfied remaining performance obligations related to contracts with expected durations exceeding one year as of June 30, 2025 and the timing of when the performance obligations are expected to be satisfied follows (in millions).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Less than 12 months |
|
|
Greater than 12 months |
|
|
Total |
|
Electricity and natural gas |
|
$ |
3,475 |
|
|
$ |
18,653 |
|
|
$ |
22,128 |
|
Other sales and service contracts |
|
|
3,475 |
|
|
|
4,686 |
|
|
|
8,161 |
|
|