Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CONSOLIDATED INCOME

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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Revenue $ 60,906 $ 58,363 $ 58,232
Operating Expenses:      
Compensation and benefits 34,770 31,028 32,045
Repairs and maintenance 1,538 1,400 1,371
Depreciation and amortization 2,224 2,084 1,923
Purchased transportation 9,129 8,043 8,460
Fuel 2,118 2,482 3,883
Other occupancy 1,037 1,022 1,044
Other expenses 4,623 4,636 4,538
Total Operating Expenses 55,439 50,695 53,264
Operating Profit 5,467 7,668 4,968
Other Income and (Expense):      
Investment income and other 50 15 22
Interest expense (381) (341) (353)
Total Other Income and (Expense) (331) (326) (331)
Income Before Income Taxes 5,136 7,342 4,637
Income Tax Expense 1,705 2,498 1,605
Net Income $ 3,431 $ 4,844 $ 3,032
Basic Earnings Per Share (in dollars per share) $ 3.89 $ 5.38 $ 3.31
Diluted Earnings Per Share (in dollars per share) $ 3.87 $ 5.35 $ 3.28