Union Pacific 2007 Annual Report Download - page 53

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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Union Pacific Corporation and Subsidiary Companies
Millions of Dollars, as of December 31, 2007 2006
Assets
Current assets:
Cash and cash equivalents ......................................................................................
.
$ 878 $ 827
Accounts receivable, net..........................................................................................
.
632 679
Materials and supplies.............................................................................................
.
453 395
Current deferred income taxes...............................................................................
.
336 319
Other current assets ................................................................................................
.
295 191
Total current assets ....................................................................................................
.
2,594 2,411
Investments:
Investments in and advances to affiliated companies ...........................................
.
912 865
Other investments...................................................................................................
.
11 12
Total investments.......................................................................................................
.
923 877
Properties:
Road .........................................................................................................................
.
37,661 35,634
Equipment ...............................................................................................................
.
7,818 7,637
Other........................................................................................................................
.
175 177
Total cost...............................................................................................................
.
45,654 43,448
Accumulated depreciation...................................................................................
.
(11,496) (10,575)
Net properties.............................................................................................................
.
34,158 32,873
Other assets.................................................................................................................
.
358 354
Total assets..................................................................................................................
.
$38,033 $36,515
Liabilities and Common Shareholders’ Equity
Current liabilities:
Accounts payable.....................................................................................................
.
$ 732 $ 684
Accrued wages and vacation...................................................................................
.
394 412
Accrued casualty costs.............................................................................................
.
371 409
Income and other taxes...........................................................................................
.
343 279
Dividends and interest ............................................................................................
.
284 238
Debt due within one year........................................................................................
.
139 780
Equipment rents payable ........................................................................................
.
103 108
Other current liabilities...........................................................................................
.
675 629
Total current liabilities...............................................................................................
.
3,041 3,539
Debt due after one year..............................................................................................
.
7,543 6,000
Deferred income taxes ...............................................................................................
.
10,050 9,696
Accrued casualty costs................................................................................................
.
799 868
Retiree benefits obligation .........................................................................................
.
462 504
Other long-term liabilities .........................................................................................
.
553 596
Commitments and contingencies (note 10)
Total liabilities............................................................................................................
.
22,448 21,203
Common shareholders’ equity:
Common shares, $2.50 par value, 500,000,000 authorized; 276,162,141 and
275,962,411 issued; 260,869,647 and 270,172,290 outstanding, respectively ...
.
690 690
Paid-in-surplus........................................................................................................
.
3,926 3,943
Retained earnings ....................................................................................................
.
12,667 11,215
Treasury stock .........................................................................................................
.
(1,624) (394)
Accumulated other comprehensive loss ................................................................
.
(74) (142)
Total common shareholders’ equity .........................................................................
.
15,585 15,312
Total liabilities and common shareholders’ equity ..................................................
.
$38,033 $36,515
The accompanying notes are an integral part of these Consolidated Financial Statements.