Union Pacific 2009 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2009 Union Pacific annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 114

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

57
CONSOLIDATED STATEMENTS OF INCOME
Union Pacific Corporation and Subsidiary Companies
Millions, Except Per Share Amounts,
for the Years Ended December 31, 2009 2008 2007
Operating reve nues:
Freight revenues
$
13,373 $ 17,118 $ 15,486
Other revenues 770 852 797
Total operating revenues 14,143 17,970 16,283
Operating expenses:
Compensation and benefits 4,063 4,457 4,526
Fuel 1,763 3,983 3,104
Purchased services and materials 1,614 1,902 1,856
Depreciation 1,444 1,387 1,321
Equipment and other rents 1,180 1,326 1,368
Other 687 840 733
Total operating expenses 10,751 13,895 12,908
Operating income 3,392 4,075 3,375
Other income (Note 6) 195 92 116
Interest expense (600) (511) (482)
Income before income taxes 2,987 3,656 3,009
Income taxes (Note 7) (1,089) (1,318) (1,154)
Net income
$
1,898 $ 2,338 $ 1,855
Share and Per Share (Note 8)
Earnings per share - basic
$
3.77 $ 4.58 $ 3.49
Earnings per share - diluted
$
3.75 $ 4.54 $ 3.46
Weighted average number of shares - basic 503.0 510.6 531.9
Weighted average number of shares - diluted 505.8 515.0 536.8
Dividends declared per share
$
1.08 $ 0.98 $ 0.745
The accompanying notes are an integral part of these Consolidated Financial Statements.