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, 2019
Mar. 31, 2018
Revenue $ 17,160 $ 17,113
Operating Expenses:    
Compensation and benefits 9,317 9,045
Depreciation and amortization 568 596
Fuel 770 750
Other occupancy 371 361
Other expenses 1,340 1,262
Total Operating Expenses 15,766 15,593
Operating Profit 1,394 1,520
Other Income and (Expense):    
Investment income and other 215 294
Interest expense (169) (153)
Total Other Income and (Expense) 46 141
Income Before Income Taxes 1,440 1,661
Income Tax Expense 329 316
Net Income $ 1,111 $ 1,345
Basic Earnings Per Share $ 1.28 $ 1.55
Diluted Earnings Per Share $ 1.28 $ 1.55
Repairs and maintenance    
Operating Expenses:    
Cost of goods sold $ 434 $ 434
Purchased transportation    
Operating Expenses:    
Cost of goods sold $ 2,966 $ 3,145