v3.26.3
Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,211 $ 1,266
Short-term investments (Note 13) 875 250
Accounts receivable, net (Note 10) 2,140 1,860
Materials and supplies 985 787
Other current assets 306 392
Total current assets 6,517 4,555
Investments 3,030 2,885
Properties, net (Note 11) 60,626 59,645
Operating lease assets 801 1,036
Other assets 1,635 1,577
Total assets 72,609 69,698
Current liabilities:    
Accounts payable and other current liabilities (Note 12) 4,316 3,494
Debt due within one year (Note 14) 1,289 1,520
Total current liabilities 5,605 5,014
Debt due after one year (Note 14) 29,035 30,294
Operating lease liabilities 563 738
Deferred income taxes 13,640 13,421
Other long-term liabilities 1,748 1,764
Commitments and contingencies (Note 15)
Total liabilities 50,591 51,231
Common shareholders' equity:    
Common shares, $2.50 par value, 1,400,000,000 authorized; 1,113,353,519 and 1,113,161,191 issued; 594,223,957 and 593,245,884 outstanding, respectively 2,783 2,783
Paid-in-surplus 5,743 5,589
Retained earnings 72,816 69,529
Treasury stock (58,785) (58,843)
Accumulated other comprehensive loss (Note 9) (539) (591)
Total common shareholders' equity 22,018 18,467
Total liabilities and common shareholders' equity $ 72,609 $ 69,698