Union Pacific 2001 Annual Report Download - page 59

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33
CONSOLIDATED STATEMENTS OF INCOME
Union Pacific Corporation and Subsidiary Companies
Millions of Dollars, Except Share and Per Share
Amounts, for the Years Ended December 31
2001
2000
1999
Operating Revenues Rail, trucking and other ............................................. $11,973 $11,878 $11,237
Operating Expenses Salaries, wages and employee benefits....................... 4,276 4,311 4,285
Equipment and other rents ........................................ 1,307 1,281 1,297
Depreciation ............................................................... 1,174 1,140 1,083
Fuel and utilities ......................................................... 1,316 1,350 832
Materials and supplies................................................ 537 593 590
Casualty costs.............................................................. 376 360 378
Other costs .................................................................. 915 940 968
Total ............................................................................ 9,901 9,975 9,433
Income Operating income ...................................................... 2,072 1,903 1,804
Other income.............................................................. 162 130 131
Interest expense .......................................................... (701) (723) (733)
Income before income taxes ...................................... 1,533 1,310 1,202
Income taxes ............................................................... (567) (468) (419)
Income from continuing operations ......................... 966 842 783
Income from discontinued operations...................... - - 27
Net income ................................................................. $ 966 $ 842 $ 810
Share andBasic:
Per Share Income from continuing operations .................. $ 3.90 $ 3.42 $ 3.17
Income from discontinued operations............... - - 0.11
Net income ......................................................... $ 3.90 $ 3.42 $ 3.28
Diluted:
Income from continuing operations .................. $ 3.77 $ 3.34 $ 3.12
Income from discontinued operations............... - - 0.10
Net income ......................................................... $ 3.77 $ 3.34 $ 3.22
Weighted-average number of shares (basic)............. 248.0 246.5 246.6
Weighted-average number of shares (diluted) ......... 271.9 269.5 269.8
Dividends.................................................................... $ 0.80 $ 0.80 $ 0.80
The accompanying notes are an integral part of these Consolidated Financial Statements.