v3.26.3
Revenues (Tables)
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues Disaggregated by Lines of Business The below table presents the Company’s revenues disaggregated by market as this best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Fuel surcharge revenue is included in the individual markets.
Third QuartersNine Months
(Dollars in Millions)
2026202520262025
Chemicals$790 $697 $2,286 $2,096 
Agricultural and Food Products430 382 1,283 1,208 
Automotive325 306 932 897 
Forest Products277 247 772 746 
Metals and Equipment267 224 743 657 
Minerals246 226 680 625 
Fertilizers118 126 391 388 
Total Merchandise2,453 2,208 7,087 6,617 
Intermodal634 527 1,772 1,511 
Coal537 490 1,515 1,428 
Trucking227 207 655 620 
Other166 155 405 408 
Total$4,017 $3,587 $11,434 $10,584 
Schedule of Accounts Receivable, Net
(Dollars in Millions)
September 30,
2026
December 31,
2025
Freight Receivables $1,149 $932 
Freight Allowance for Credit Losses(17)(23)
Freight Receivables - Net1,132 909 
Non-Freight Receivables 372 404 
Non-Freight Allowance for Credit Losses(19)(15)
Non-Freight Receivables - Net 353 389 
Total Accounts Receivable - Net$1,485 $1,298