2009 Form 8-K Financial Statement
#000119312510235508 Filed on October 25, 2010
Income Statement
Concept | 2009 | 2008 Q4 | 2008 |
---|---|---|---|
Revenue | $14.14B | $4.286B | $17.97B |
YoY Change | -21.3% | 2.12% | 10.36% |
Cost Of Revenue | $3.407B | $1.190B | $5.911B |
YoY Change | -42.36% | -12.44% | 19.17% |
Gross Profit | $10.74B | $3.096B | $12.06B |
YoY Change | -10.97% | 9.09% | 6.5% |
Gross Profit Margin | 75.91% | 72.24% | 67.11% |
Selling, General & Admin | $5.243B | $1.421B | $5.783B |
YoY Change | -9.34% | -2.27% | -1.88% |
% of Gross Profit | 48.84% | 45.9% | 47.96% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.427B | $332.0M | $1.366B |
YoY Change | 4.47% | -1.48% | 4.83% |
% of Gross Profit | 13.29% | 10.72% | 11.33% |
Operating Expenses | $10.76B | $1.955B | $13.90B |
YoY Change | -22.56% | -0.96% | 7.59% |
Operating Profit | $3.379B | $1.141B | $4.070B |
YoY Change | -16.98% | 32.06% | 20.99% |
Interest Expense | $600.0M | -$122.0M | $511.0M |
YoY Change | 17.42% | 17.31% | 6.02% |
% of Operating Profit | 17.76% | -10.69% | 12.56% |
Other Income/Expense, Net | $195.0M | $9.000M | $92.00M |
YoY Change | 111.96% | 12.5% | -20.69% |
Pretax Income | $2.974B | $1.039B | $3.651B |
YoY Change | -18.54% | 33.38% | 21.78% |
Income Tax | $1.084B | $378.0M | $1.316B |
% Of Pretax Income | 36.45% | 36.38% | 36.04% |
Net Earnings | $1.890B | $661.0M | $2.335B |
YoY Change | -19.06% | 34.62% | 26.35% |
Net Earnings / Revenue | 13.36% | 15.42% | 12.99% |
Basic Earnings Per Share | $3.76 | $4.57 | |
Diluted Earnings Per Share | $3.74 | $652.5K | $4.53 |
COMMON SHARES | |||
Basic Shares Outstanding | 503.0M shares | 510.6M shares | |
Diluted Shares Outstanding | 505.8M shares | 515.0M shares |
Balance Sheet
Concept | 2009 | 2008 Q4 | 2008 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.850B | $1.249B | $1.249B |
YoY Change | 48.12% | 42.26% | 42.26% |
Cash & Equivalents | $1.850B | $1.249B | $1.249B |
Short-Term Investments | |||
Other Short-Term Assets | $689.0M | $244.0M | $520.0M |
YoY Change | 32.5% | -61.33% | -17.59% |
Inventory | $475.0M | $450.0M | $450.0M |
Prepaid Expenses | |||
Receivables | $666.0M | $594.0M | $594.0M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $3.680B | $2.813B | $2.813B |
YoY Change | 30.82% | 8.44% | 8.44% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $37.20B | $35.49B | $35.70B |
YoY Change | 4.2% | 3.89% | 4.52% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.036B | $974.0M | $974.0M |
YoY Change | 6.37% | 5.53% | 5.53% |
Other Assets | $266.0M | $234.0M | $234.0M |
YoY Change | 13.68% | -34.64% | -34.64% |
Total Long-Term Assets | $38.50B | $36.70B | $36.91B |
YoY Change | 4.32% | 3.55% | 4.15% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.680B | $2.813B | $2.813B |
Total Long-Term Assets | $38.50B | $36.70B | $36.91B |
Total Assets | $42.18B | $39.51B | $39.72B |
YoY Change | 6.2% | 3.88% | 4.44% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $612.0M | $629.0M | $629.0M |
YoY Change | -2.7% | -14.07% | -14.07% |
Accrued Expenses | $718.0M | $757.0M | $757.0M |
YoY Change | -5.15% | -1.05% | -1.05% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $212.0M | $320.0M | $320.0M |
YoY Change | -33.75% | 130.22% | 130.22% |
Total Short-Term Liabilities | $2.682B | $2.880B | $2.880B |
YoY Change | -6.88% | -5.29% | -5.29% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $9.636B | $8.607B | $8.607B |
YoY Change | 11.96% | 14.11% | 14.11% |
Other Long-Term Liabilities | $2.021B | $2.506B | $2.506B |
YoY Change | -19.35% | 38.15% | 38.15% |
Total Long-Term Liabilities | $11.66B | $2.506B | $11.11B |
YoY Change | 4.9% | -73.22% | 18.77% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.682B | $2.880B | $2.880B |
Total Long-Term Liabilities | $11.66B | $2.506B | $11.11B |
Total Liabilities | $25.38B | $24.19B | $24.28B |
YoY Change | 4.56% | 7.78% | 8.14% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $13.68B | ||
YoY Change | |||
Common Stock | $1.382B | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $2.993B | ||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $16.80B | $15.32B | $15.45B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $42.18B | $39.51B | $39.72B |
YoY Change | 6.2% | 3.88% | 4.44% |
Cashflow Statement
Concept | 2009 | 2008 Q4 | 2008 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.890B | $661.0M | $2.335B |
YoY Change | -19.06% | 34.62% | 26.35% |
Depreciation, Depletion And Amortization | $1.427B | $332.0M | $1.366B |
YoY Change | 4.47% | -1.48% | 4.83% |
Cash From Operating Activities | $3.204B | $1.006B | $4.044B |
YoY Change | -20.77% | 10.55% | 24.51% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $2.354B | -$739.0M | $2.754B |
YoY Change | -14.52% | 12.31% | 11.63% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$22.00M | $10.00M | $77.00M |
YoY Change | -128.57% | -75.0% | 48.08% |
Cash From Investing Activities | -$2.145B | -$729.0M | -$2.738B |
YoY Change | -21.66% | 17.96% | 14.23% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $544.0M | $481.0M | |
YoY Change | 13.1% | 32.14% | |
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $871.0M | $1.208B | |
YoY Change | -27.9% | 52.53% | |
Cash From Financing Activities | -$458.0M | 115.0M | -$935.0M |
YoY Change | -51.02% | -126.38% | 16.88% |
NET CHANGE | |||
Cash From Operating Activities | $3.204B | 1.006B | $4.044B |
Cash From Investing Activities | -$2.145B | -729.0M | -$2.738B |
Cash From Financing Activities | -$458.0M | 115.0M | -$935.0M |
Net Change In Cash | $601.0M | 392.0M | $371.0M |
YoY Change | 61.99% | -372.22% | 627.45% |
FREE CASH FLOW | |||
Cash From Operating Activities | $3.204B | $1.006B | $4.044B |
Capital Expenditures | $2.354B | -$739.0M | $2.754B |
Free Cash Flow | $850.0M | $1.745B | $1.290B |
YoY Change | -34.11% | 11.29% | 65.17% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Type
DocumentType
|
8-K | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2010-10-25 | ||
dei |
Entity Registrant Name
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|
UNION PACIFIC CORPORATION | ||
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CY2008 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-89000000 | USD |
CY2007 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
207000000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3204000000 | USD |
CY2008 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4044000000 | USD |
CY2007 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3248000000 | USD |
CY2009 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2354000000 | USD |
CY2008 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2754000000 | USD |
CY2007 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2467000000 | USD |
CY2009 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
187000000 | USD |
CY2008 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
93000000 | USD |
CY2007 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
122000000 | USD |
CY2009 | unp |
Payments To Acquire Property Plant And Equipment Pending Financing
PaymentsToAcquirePropertyPlantAndEquipmentPendingFinancing
|
100000000 | USD |
CY2008 | unp |
Payments To Acquire Property Plant And Equipment Pending Financing
PaymentsToAcquirePropertyPlantAndEquipmentPendingFinancing
|
388000000 | USD |
CY2007 | unp |
Payments To Acquire Property Plant And Equipment Pending Financing
PaymentsToAcquirePropertyPlantAndEquipmentPendingFinancing
|
621000000 | USD |
CY2009 | unp |
Proceeds From Sale Of Assets Financed
ProceedsFromSaleOfAssetsFinanced
|
100000000 | USD |
CY2008 | unp |
Proceeds From Sale Of Assets Financed
ProceedsFromSaleOfAssetsFinanced
|
388000000 | USD |
CY2007 | unp |
Proceeds From Sale Of Assets Financed
ProceedsFromSaleOfAssetsFinanced
|
621000000 | USD |
CY2009 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-22000000 | USD |
CY2008 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
77000000 | USD |
CY2007 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
52000000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2145000000 | USD |
CY2008 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2738000000 | USD |
CY2007 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2397000000 | USD |
CY2009 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
843000000 | USD |
CY2008 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
2257000000 | USD |
CY2007 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1581000000 | USD |
CY2009 | us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
0 | USD |
CY2008 | us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
1609000000 | USD |
CY2007 | us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
1375000000 | USD |
CY2009 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
871000000 | USD |
CY2008 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1208000000 | USD |
CY2007 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
792000000 | USD |
CY2009 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
544000000 | USD |
CY2008 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
481000000 | USD |
CY2007 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
364000000 | USD |
CY2009 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
114000000 | USD |
CY2008 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
106000000 | USD |
CY2007 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
150000000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-458000000 | USD |
CY2008 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-935000000 | USD |
CY2007 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-800000000 | USD |
CY2009 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
601000000 | USD |
CY2008 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
371000000 | USD |
CY2007 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
51000000 | USD |
CY2006Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
827000000 | USD |
CY2009 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
842000000 | USD |
CY2008 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
175000000 | USD |
CY2007 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
82000000 | USD |
CY2009Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
132000000 | USD |
CY2008Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
132000000 | USD |
CY2007Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
112000000 | USD |
CY2009 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
96000000 | USD |
CY2008 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
93000000 | USD |
CY2007 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
126000000 | USD |
CY2009Q4 | unp |
Repurchase Of Common Stock Not Yet Paid
RepurchaseOfCommonStockNotYetPaid
|
0 | USD |
CY2008Q4 | unp |
Repurchase Of Common Stock Not Yet Paid
RepurchaseOfCommonStockNotYetPaid
|
0 | USD |
CY2007Q4 | unp |
Repurchase Of Common Stock Not Yet Paid
RepurchaseOfCommonStockNotYetPaid
|
82000000 | USD |
CY2009 | us-gaap |
Interest Paid Net
InterestPaidNet
|
-578000000 | USD |
CY2008 | us-gaap |
Interest Paid Net
InterestPaidNet
|
-500000000 | USD |
CY2007 | us-gaap |
Interest Paid Net
InterestPaidNet
|
-467000000 | USD |
CY2009 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-452000000 | USD |
CY2008 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-699000000 | USD |
CY2007 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-839000000 | USD |
CY2009 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
72000000 | USD |
CY2008 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-38000000 | USD |
CY2007 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-47000000 | USD |
CY2009 | unp |
Increase Decrease In Material And Supplies
IncreaseDecreaseInMaterialAndSupplies
|
25000000 | USD |
CY2008 | unp |
Increase Decrease In Material And Supplies
IncreaseDecreaseInMaterialAndSupplies
|
-3000000 | USD |
CY2007 | unp |
Increase Decrease In Material And Supplies
IncreaseDecreaseInMaterialAndSupplies
|
58000000 | USD |
CY2009 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
106000000 | USD |
CY2008 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-51000000 | USD |
CY2007 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
104000000 | USD |
CY2009 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-90000000 | USD |
CY2008 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-342000000 | USD |
CY2007 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
143000000 | USD |
CY2009 | us-gaap |
Liabilities Assumed
LiabilitiesAssumed
|
14000000 | USD |
CY2008 | us-gaap |
Liabilities Assumed
LiabilitiesAssumed
|
0 | USD |
CY2007 | us-gaap |
Liabilities Assumed
LiabilitiesAssumed
|
0 | USD |
CY2007Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
878000000 | USD |
CY2009 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
50000000 | USD |
CY2009 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1940000000 | USD |
CY2009 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
90000000 | USD |
CY2009 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
0 | USD |
CY2009 | us-gaap |
Dividends Cash
DividendsCash
|
-544000000 | USD |
CY2009Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
16801000000 | USD |
CY2008Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
15315000000 | USD |
CY2008 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
-630000000 | USD |
CY2008 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1705000000 | USD |
CY2008 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
182000000 | USD |
CY2008 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
-1527000000 | USD |
CY2008 | us-gaap |
Dividends Cash
DividendsCash
|
-501000000 | USD |
CY2007Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
15456000000 | USD |
CY2007 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
68000000 | USD |
CY2007 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1916000000 | USD |
CY2007 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
210000000 | USD |
CY2007 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
-1457000000 | USD |
CY2007 | us-gaap |
Dividends Cash
DividendsCash
|
-396000000 | USD |
CY2007 | us-gaap |
Cumulative Effect Of Initial Adoption Of Fin48
CumulativeEffectOfInitialAdoptionOfFIN48
|
-122000000 | USD |
CY2009 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.08 | USD |
CY2007 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.745 | USD |
CY2008 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.98 | USD |
CY2006Q4 | unp |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest Prior To Cumulative Effect
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestPriorToCumulativeEffect
|
15305000000 | USD |
CY2009 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Minion;font-size:11pt;margin-left:0px;">For purposes of this report, unless the context otherwise requires, all references herein to the “Corporation”, “UPC”, “we”, “us”, and “our” mean Union Pacific Corporation and its subsidiaries, including Union Pacific Railroad Company, which will be separately referred to herein as “UPRR” or the “Railroad”. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Minion;font-size:11pt;font-weight:bold;margin-left:0px;">1. Nature of Operations</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Minion;font-size:11pt;font-weight:bold;margin-left:0px;">Operations and Segmentation</font><font style="font-family:Minion;font-size:11pt;font-weight:bold;"> </font><font style="font-family:Minion;font-size:11pt;">– We are</font><font style="font-family:Minion;font-size:11pt;"> a Class I railroad that operates in the United States. We have </font><font style="font-family:Minion;font-size:11pt;">32,09</font><font style="font-family:Minion;font-size:11pt;">4</font><font style="font-family:Minion;font-size:11pt;"> route miles, linking Pacific Coast and Gulf Coast ports with the Midwest and eastern United States gateways and providing several corridors to key Mexican gateways. We serve the western two-thirds of the country and maintain coordinated schedules with other rail carriers for the handling of freight to and from the </font><font style="font-family:Minion;font-size:11pt;">Atlantic</font><font style="font-family:Minion;font-size:11pt;"> </font><font style="font-family:Minion;font-size:11pt;">Coast</font><font style="font-family:Minion;font-size:11pt;">, the </font><font style="font-family:Minion;font-size:11pt;">Pacific</font><font style="font-family:Minion;font-size:11pt;"> </font><font style="font-family:Minion;font-size:11pt;">Coast</font><font style="font-family:Minion;font-size:11pt;">, the Southeast, the Southwest, </font><font style="font-family:Minion;font-size:11pt;">Canada</font><font style="font-family:Minion;font-size:11pt;">, and </font><font style="font-family:Minion;font-size:11pt;">Mexico</font><font style="font-family:Minion;font-size:11pt;">. Export and import traffic is moved through Gulf Coast and Pacific Coast ports and across th</font><font style="font-family:Minion;font-size:11pt;">e Mexican and Canadian borders.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Minion;font-size:11pt;margin-left:0px;">The Railroad, along with its subsidiaries and rail affiliates, is our one reportable operating segment. Although revenue</font><font style="font-family:Minion;font-size:11pt;">s are </font><font style="font-family:Minion;font-size:11pt;">analyzed by commodity group, we analyze the net financial results of the Railroad as one segment due to the integrated nature of our rail network. The following table provides revenue by commodity group:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 28px"><td style="width: 385px; border-top-style:solid;border-top-width:2px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:385px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: left;"> Millions of Dollars </font></td><td style="width: 19px; border-top-style:solid;border-top-width:2px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-top-style:solid;border-top-width:2px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-STYLE: italic;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">2009</font></td><td style="width: 19px; border-top-style:solid;border-top-width:2px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-top-style:solid;border-top-width:2px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">2008</font></td><td style="width: 19px; border-top-style:solid;border-top-width:2px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-top-style:solid;border-top-width:2px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">2007</font></td></tr><tr style="height: 20px"><td style="width: 385px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#FFCC99;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Agricultural </font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 2,666</font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 3,174</font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 2,605</font></td></tr><tr style="height: 20px"><td style="width: 385px; text-align:left;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Automotive </font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 854</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 1,344</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 1,458</font></td></tr><tr style="height: 20px"><td style="width: 385px; text-align:left;background-color:#FFCC99;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Chemicals </font></td><td style="width: 19px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 2,102</font></td><td style="width: 19px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 2,494</font></td><td style="width: 19px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 2,287</font></td></tr><tr style="height: 20px"><td style="width: 385px; text-align:left;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Energy </font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 3,118</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 3,810</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 3,134</font></td></tr><tr style="height: 20px"><td style="width: 385px; text-align:left;background-color:#FFCC99;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Industrial Products </font></td><td style="width: 19px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 2,147</font></td><td style="width: 19px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 3,273</font></td><td style="width: 19px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 3,077</font></td></tr><tr style="height: 20px"><td style="width: 385px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Intermodal </font></td><td style="width: 19px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 2,486</font></td><td style="width: 19px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 3,023</font></td><td style="width: 19px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 2,925</font></td></tr><tr style="height: 20px"><td style="width: 385px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#FFCC99;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Total freight revenues </font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 13,373</font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 17,118</font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 15,486</font></td></tr><tr style="height: 20px"><td style="width: 385px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Other revenues </font></td><td style="width: 19px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 770</font></td><td style="width: 19px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 852</font></td><td style="width: 19px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 797</font></td></tr><tr style="height: 28px"><td style="width: 385px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:left;background-color:#FFCC99;border-color:#000000;min-width:385px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> Total operating revenues </font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 14,143</font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 17,970</font></td><td style="width: 19px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 61px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;background-color:#FFCC99;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Minion;FONT-SIZE: 11pt;COLOR: #000000;"> 16,283</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Minion;font-size:11pt;margin-left:0px;">Although our revenues are principally derived from customers domiciled in the United States, the ultimate points of origination or destination for some products transported are outside the United States.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:5pt; margin-bottom:0pt'><font style="font-family:Minion;font-size:11pt;font-weight:bold;margin-left:0px;">Basis of Presentation</font><font style="font-family:Minion;font-size:11pt;"> – </font><font style="font-family:Minion;font-size:11pt;">The C</font><font style="font-family:Minion;font-size:11pt;">onsolidated </font><font style="font-family:Minion;font-size:11pt;">F</font><font style="font-family:Minion;font-size:11pt;">inancial </font><font style="font-family:Minion;font-size:11pt;">S</font><font style="font-family:Minion;font-size:11pt;">tatements are presented in accordance with accounting principles generally accepted in</font><font style="font-family:Minion;font-size:11pt;"> the United States of America (</font><font style="font-family:Minion;font-size:11pt;">GAAP) as codified in the Financial Accounting Standards Board (FASB) Accounting Standards Codification</font><font style="font-family:Minion;font-size:11pt;"> (ASC)</font><font style="font-family:Minion;font-size:11pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Minion;font-size:11pt;font-weight:bold;margin-left:0px;">Subsequent Events Evaluation</font><font style="font-family:Minion;font-size:11pt;"> – We </font><font style="font-family:Minion;font-size:11pt;">evaluated the effects of all subsequent events through </font><font style="font-family:Minion;font-size:11pt;">February 5</font><font style="font-family:Minion;font-size:11pt;">, 20</font><font style="font-family:Minion;font-size:11pt;">10</font><font style="font-family:Minion;font-size:11pt;">, the date of this report, which is concurrent with the date we file this report with the U.S. Securities and Exchange Commission (SEC).</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p> |