v3.25.2
Revenues from contracts with customers (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from contracts with customers disaggregated by reportable segment and source of revenue

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

 

Transaction price allocated to significant unsatisfied remaining performance obligations and timing of when performance obligations expected to be satisfied

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