Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CONSOLIDATED INCOME

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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue $ 19,848 $ 17,444 $ 17,456 $ 17,113 $ 18,975 $ 16,173 $ 15,927 $ 15,510 $ 71,861 $ 66,585 $ 61,610
Operating Expenses:                      
Compensation and benefits                 37,235 34,577 32,534
Depreciation and amortization                 2,207 2,282 2,224
Fuel                 3,427 2,690 2,118
Other occupancy                 1,362 1,155 1,037
Other expenses                 5,465 5,055 4,619
Total Operating Expenses                 64,837 59,056 53,922
Operating Profit 2,004 1,727 1,773 1,520 2,063 1,812 2,037 1,617 7,024 7,529 7,688
Other Income and (Expense):                      
Investment income and other                 (400) 61 (2,186)
Interest expense                 (605) (453) (381)
Total Other Income and (Expense) (1,461) 162 153 141 (692) 125 82 93 (1,005) (392) (2,567)
Income Before Income Taxes                 6,019 7,137 5,121
Income Tax Expense                 1,228 2,232 1,699
Net Income $ 453 $ 1,508 $ 1,485 $ 1,345 $ 1,096 $ 1,259 $ 1,384 $ 1,166 $ 4,791 $ 4,905 $ 3,422
Basic Earnings Per Share (in dollars per share) $ 0.52 $ 1.74 $ 1.71 $ 1.55 $ 1.26 $ 1.45 $ 1.59 $ 1.33 $ 5.53 $ 5.63 $ 3.88
Diluted Earnings Per Share (in dollars per share) $ 0.52 $ 1.73 $ 1.71 $ 1.55 $ 1.26 $ 1.44 $ 1.58 $ 1.33 $ 5.51 $ 5.61 $ 3.86
Repairs and maintenance                      
Operating Expenses:                      
Repairs and maintenance                 $ 1,732 $ 1,601 $ 1,542
Purchased transportation                      
Operating Expenses:                      
Repairs and maintenance                 $ 13,409 $ 11,696 $ 9,848