Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CONSOLIDATED INCOME

v3.20.4
STATEMENTS OF CONSOLIDATED INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue $ 84,628 $ 74,094 $ 71,861
Operating Expenses:      
Compensation and benefits 44,529 38,908 37,235
Depreciation and amortization 2,698 2,360 2,207
Fuel 2,582 3,289 3,427
Other occupancy 1,539 1,392 1,362
Other expenses 7,600 5,919 5,465
Total Operating Expenses 76,944 66,296 64,837
Operating Profit 7,684 7,798 7,024
Other Income and (Expense):      
Interest expense (701) (653) (605)
Total Other Income and (Expense) (5,840) (2,146) (1,005)
Income Before Income Taxes 1,844 5,652 6,019
Income Tax Expense 501 1,212 1,228
Net Income $ 1,343 $ 4,440 $ 4,791
Basic Earnings Per Share (in dollars per share) $ 1.55 $ 5.14 $ 5.53
Diluted Earnings Per Share (in dollars per share) $ 1.54 $ 5.11 $ 5.51
Investment income (expense) and other $ (5,139) $ (1,493) $ (400)
Repairs and maintenance      
Operating Expenses:      
Repairs and maintenance 2,365 1,838 1,732
Purchased transportation      
Operating Expenses:      
Repairs and maintenance $ 15,631 $ 12,590 $ 13,409