← UNION PACIFIC CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $4.2b | $10.7b | $6.0b | $5.9b | $5.3b | $6.5b | $7.0b | $6.4b | $6.7b | $7.1b | |
| Depreciation | $2.0b | $2.1b | $2.2b | $2.2b | $2.2b | $2.2b | $2.2b | $2.3b | $2.4b | $2.5b | |
| Deferred Income Tax Expense (Benefit) | $831.0m | ($5.1b) | $339.0m | $566.0m | $340.0m | $154.0m | $262.0m | $117.0m | $28.0m | $241.0m | |
| Deferred and other income taxes | $831.0m | ($5.1b) | $338.0m | $566.0m | $340.0m | $154.0m | $262.0m | $117.0m | $28.0m | $241.0m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $118.0m | $142.0m | |
| Share-based Payment Arrangement, Noncash Expense | $82.0m | $103.0m | $96.0m | $93.0m | $73.0m | $88.0m | $99.0m | $107.0m | — | — | |
| Gain (Loss) on Disposition of Assets | $94.0m | $111.0m | $30.0m | $20.0m | $115.0m | $98.0m | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — | — | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | $69.0m | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | ($85.0m) | ($2.0m) | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $2.5b | ($3.1b) | $1.8b | $1.8b | $1.6b | $2.0b | $2.1b | $1.9b | $2.0b | $2.0b | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $1.3b | $1.3b | |
| Other Nonoperating Income (Expense) | $192.0m | $290.0m | $94.0m | $243.0m | $287.0m | $297.0m | $426.0m | $491.0m | $350.0m | $629.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accounts payable and other current liabilities | $232.0m | $182.0m | ($125.0m) | ($179.0m) | ($73.0m) | $184.0m | $565.0m | ($215.0m) | $189.0m | ($196.0m) | |
| Accounts receivable, net | $98.0m | ($235.0m) | ($262.0m) | $160.0m | $90.0m | ($217.0m) | ($169.0m) | ($177.0m) | $179.0m | $34.0m | |
| Capital investments | ($3.5b) | ($3.2b) | ($3.4b) | ($3.5b) | ($2.9b) | ($2.9b) | ($3.6b) | ($3.6b) | ($3.5b) | ($3.8b) | |
| Capital investments accrued but not yet paid | $223.0m | $366.0m | $205.0m | $224.0m | $166.0m | $263.0m | $152.0m | $137.0m | $165.0m | $131.0m | |
| Cash used in financing activities | ($4.2b) | ($4.1b) | ($5.2b) | ($5.6b) | ($4.9b) | ($7.2b) | ($5.9b) | ($4.6b) | ($6.1b) | ($5.3b) | |
| Cash used in investing activities | ($3.4b) | ($3.1b) | ($3.4b) | ($3.4b) | ($2.7b) | ($2.7b) | ($3.5b) | ($3.7b) | ($3.3b) | ($3.8b) | |
| Debt repaid | ($1.0b) | ($840.0m) | ($1.7b) | ($817.0m) | ($2.1b) | ($1.3b) | ($2.3b) | ($2.2b) | ($2.2b) | ($1.4b) | |
| Federal income taxes, net of refunds | — | — | — | — | — | — | — | ($1.2b) | ($986.0m) | ($543.0m) | |
| Foreign income taxes, net of refunds | — | — | — | — | — | — | — | ($6.0m) | ($4.0m) | ($13.0m) | |
| Gain (Loss) Related to Litigation Settlement | — | $65.0m | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Properties | $94.0m | $111.0m | $30.0m | $20.0m | $115.0m | — | — | — | — | — | |
| Income and other taxes | $374.0m | ($51.0m) | $278.0m | ($229.0m) | $170.0m | $188.0m | ($273.0m) | $129.0m | ($87.0m) | ($206.0m) | |
| Increase (Decrease) in Accounts Receivable | ($98.0m) | $235.0m | $262.0m | ($160.0m) | ($90.0m) | $217.0m | $169.0m | $177.0m | ($179.0m) | ($34.0m) | |
| Interest, net of amounts capitalized | ($652.0m) | ($666.0m) | ($728.0m) | ($1.0b) | ($1.1b) | ($1.1b) | ($1.2b) | ($1.3b) | ($1.3b) | ($1.3b) | |
| Investment Income, Interest | $11.0m | $16.0m | $30.0m | $32.0m | $12.0m | $5.0m | — | $52.0m | $52.0m | — | |
| Materials and supplies | $19.0m | ($32.0m) | $7.0m | ($9.0m) | $113.0m | $17.0m | ($120.0m) | ($2.0m) | ($26.0m) | ($18.0m) | |
| Operating Expenses | $12.7b | $13.2b | $14.3b | $13.2b | $11.7b | — | — | — | — | — | |
| Other current assets | $22.0m | $9.0m | ($24.0m) | $87.0m | ($34.0m) | $31.0m | $5.0m | ($38.0m) | ($69.0m) | $25.0m | |
| Other operating activities, net | ($228.0m) | ($282.0m) | $347.0m | $98.0m | $490.0m | $42.0m | $24.0m | ($132.0m) | ($13.0m) | ($193.0m) | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | $58.0m | $27.0m | $27.0m | $46.0m | $51.0m | |
| Share repurchase programs (Note 18) | ($3.1b) | ($4.0b) | ($8.2b) | ($5.8b) | ($3.7b) | ($7.3b) | ($6.3b) | ($705.0m) | ($1.5b) | ($2.7b) | |
| Stock or Unit Option Plan Expense | $16.0m | $19.0m | $17.0m | $16.0m | $15.0m | $15.0m | $14.0m | $16.0m | — | — | |
| Total state income taxes, net of refunds | — | — | — | — | — | — | — | ($295.0m) | ($350.0m) | ($321.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $7.5b | $7.2b | $8.7b | $8.6b | $8.5b | $9.0b | $9.4b | $8.4b | $9.3b | $9.3b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.5b | $3.2b | $3.4b | $3.5b | $2.9b | $2.9b | $3.6b | $3.6b | $3.5b | $3.8b | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | $36.0m | $0 | $0 | — | — | |
| Other investing activities, net | $43.0m | $14.0m | ($37.0m) | ($71.0m) | $97.0m | $25.0m | ($45.0m) | ($61.0m) | $127.0m | $29.0m | |
| Payments for (Proceeds from) Other Investing Activities | ($43.0m) | ($14.0m) | $37.0m | $71.0m | ($97.0m) | ($25.0m) | $45.0m | $61.0m | ($127.0m) | ($29.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($3.4b) | ($3.1b) | ($3.4b) | ($3.4b) | ($2.7b) | ($2.7b) | ($3.5b) | ($3.7b) | ($3.3b) | ($3.8b) | |
| Cash flows from financing activities: | |||||||||||
| Debt issued (Note 14) | $2.0b | $2.7b | $6.9b | $4.0b | $4.0b | $4.2b | $6.1b | $1.6b | $800.0m | $2.0b | |
| Proceeds from Issuance of Long-term Debt | $2.0b | $2.7b | $6.9b | $4.0b | $4.0b | $4.2b | $6.1b | $1.6b | $800.0m | $2.0b | |
| Payments for Repurchase of Common Stock | $3.1b | $4.0b | $8.2b | $5.8b | $3.7b | $7.3b | $6.3b | $705.0m | $1.5b | $2.7b | |
| Dividends paid | $1.9b | $2.0b | $2.3b | $2.6b | $2.6b | $2.8b | $3.2b | $3.2b | $3.2b | $3.2b | |
| Other financing activities, net | ($41.0m) | ($46.0m) | ($48.0m) | ($20.0m) | ($67.0m) | ($24.0m) | ($30.0m) | ($156.0m) | $77.0m | $72.0m | |
| Proceeds from (Payments for) Other Financing Activities | ($41.0m) | ($46.0m) | ($48.0m) | ($20.0m) | ($67.0m) | ($24.0m) | ($30.0m) | ($156.0m) | $77.0m | $72.0m | |
| Net Cash Provided by (Used in) Financing Activities | ($4.2b) | ($4.1b) | ($5.2b) | ($5.6b) | ($4.9b) | ($7.2b) | ($5.9b) | ($4.6b) | ($6.1b) | ($5.3b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($2.0m) | $53.0m | ($472.0m) | $962.0m | ($835.0m) | $4.0m | $87.0m | ($46.0m) | $252.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($114.0m) | ($2.0m) | $1.3b | $856.0m | $1.8b | $983.0m | $987.0m | $1.1b | $1.0b | $1.3b | |
| Cash, cash equivalents, and restricted cash at beginning of year | $1.3b | $1.3b | $1.3b | $856.0m | $1.8b | $1.8b | $983.0m | $987.0m | $1.0b | $1.3b | |
| Net change in cash, cash equivalents, and restricted cash | ($114.0m) | ($2.0m) | $53.0m | ($472.0m) | $962.0m | ($835.0m) | $4.0m | $87.0m | ($46.0m) | $252.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $652.0m | $666.0m | $728.0m | $1.0b | $1.1b | $1.1b | $1.2b | $1.3b | $1.3b | $1.3b | |
| Income Taxes Paid, Net | $1.3b | $2.1b | $1.2b | $1.4b | $1.2b | ($1.7b) | ($2.1b) | ($1.5b) | $1.3b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.