Union Pacific 2007 Annual Report Download - page 16

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Annual Lifts
Top 10 Intermodal Terminals 2007 2006
ICTF (Los Angeles), California................................................................................ 719,000 725,000
Marion (Memphis), Tennessee................................................................................ 414,000 406,000
East Los Angeles, California..................................................................................... 360,000 329,000
Global II (Chicago), Illinois ..................................................................................... 353,000 297,000
Global I (Chicago), Illinois ...................................................................................... 310,000 321,000
Dallas, Texas ............................................................................................................. 292,000 284,000
Seattle, Washington.................................................................................................. 250,000 238,000
Yard Center (Chicago), Illinois................................................................................ 238,000 248,000
Oakland, California .................................................................................................. 236,000 268,000
Englewood (Houston), Texas .................................................................................. 214,000 206,000
Rail Equipment – Our equipment includes owned and leased locomotives and rail cars; heavy maintenance
equipment and machinery; other equipment and tools in our shops, offices, and facilities; and vehicles for
maintenance, transportation of crews, and other activities. As of December 31, 2007, we owned or leased the
following units of equipment:
Average
Locomotives Owned Leased Total Age (yrs.)
Road .................................................................................. 4,330 3,704 8,034 14.8
Switching........................................................................... 488 32 520 30.5
Other ................................................................................. 112 55 167 20.6
Total locomotives ............................................................. 4,930 3,791 8,721 N/A
Average
Freight cars Owned Leased Total Age (yrs.)
Covered hopper ................................................................ 13,864 21,573 35,437 28.7
Open hoppers ................................................................... 13,431 5,216 18,647 28.6
Gondolas ........................................................................... 7,639 6,141 13,780 26.6
Boxcars .............................................................................. 8,132 4,140 12,272 27.1
Mechanical refrigerated.................................................... 3,309 5,291 8,600 22.3
Flat cars ............................................................................. 3,687 1,149 4,836 30.2
Other ................................................................................. 127 585 712 N/A
Total freight cars............................................................... 50,189 44,095 94,284 N/A
Capital Expenditures – Our rail network requires significant annual capital investments for maintenance,
improvement, and expansion. These investments maintain and enhance safe operations, support the
transportation needs of our customers, and improve our operational efficiency. Additionally, we add new
locomotives and freight cars to our fleet to replace older, less efficient equipment, to support growth and
customer demand, and to reduce our impact on the environment through the acquisition of more fuel
efficient and low emission locomotives, including yard engines that use new hybrid technology.
2007 Capital Expenditures – During 2007, we made capital investments totaling $3.1 billion, which included
cash spending of $2.5 billion (see the capital expenditures table in Management’s Discussion and Analysis of
Financial Condition and Results of Operations – Liquidity and Capital Resources – Financial Condition, Item
7). We also acquired 259 locomotives and 150 freight cars under long-term operating leases with an aggregate
net present value of $434 million. We procured an additional 56 locomotives and other equipment through
capital lease financings valued at $82 million.