Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CONSOLIDATED INCOME

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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue $ 21,706 $ 22,925
Operating Expenses:    
Compensation and benefits 11,639 11,464
Repairs and maintenance 718 725
Depreciation and amortization 898 834
Purchased transportation 3,246 3,541
Fuel 1,060 1,271
Other occupancy 564 551
Other expenses 1,968 1,998
Total Operating Expenses 20,093 20,384
Operating Profit 1,613 2,541
Other Income (Expense):    
Investment income and other 118 169
Interest expense (195) (188)
Total Other Income (Expense) (77) (19)
Income Before Income Taxes 1,536 2,522
Income Tax Expense 423 627
Net Income $ 1,113 $ 1,895
Basic Earnings Per Share (in dollars per share) $ 1.30 $ 2.20
Diluted Earnings Per Share (in dollars per share) $ 1.30 $ 2.19