Stock Analysis on Net

Union Pacific Corp. (NYSE:UNP)

Cash Flow Statement
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Union Pacific Corp., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income 1,762 1,671 1,673 1,641 1,652 1,528 1,569 1,630 1,638 1,895 1,835 1,630 1,711 1,673 1,798 1,341 1,380 1,363 1,132 1,474
Depreciation 606 602 596 594 589 580 577 572 569 563 559 555 556 553 550 549 557 555 551 547
Deferred and other income taxes (49) 34 20 23 58 23 (16) 52 82 87 33 60 (35) 61 74 54 13 156 80 91
Other operating activities, net 39 16 12 (80) (11) 5 (9) (117) (59) (41) (9) (43) 11 61 3 (131) 256 128 55 (64)
Accounts receivable, net 142 82 44 (89) (139) (108) 129 (59) 161 (94) (236) (43) (13) (56) (105) 60 (177) 281 (74)
Materials and supplies 6 32 (37) (27) 27 (28) (14) 13 53 (4) (64) (105) 43 24 (29) (21) 11 19 24 59
Other current assets 23 35 (72) (55) 35 13 (13) (73) 14 30 4 (43) 12 22 (2) (1) (27) 29 (37) 1
Accounts payable and other current liabilities 271 (69) 207 (220) 166 (41) 97 (437) 132 230 140 63 188 (77) 140 (67) 142 (18) (29) (168)
Income and other taxes (138) 248 (532) 335 18 154 (302) 259 (298) 143 (473) 355 86 (20) (217) 339 155 (454) 180 289
Changes in current assets and liabilities 304 328 (390) (56) 107 (10) (103) (297) 62 399 (487) 34 286 (64) (164) 145 341 (601) 419 107
Adjustments to reconcile net income to cash provided by operating activities 900 980 238 481 743 598 449 210 654 1,008 96 606 818 611 463 617 1,167 238 1,105 681
Cash provided by operating activities 2,662 2,651 1,911 2,122 2,395 2,126 2,018 1,840 2,292 2,903 1,931 2,236 2,529 2,284 2,261 1,958 2,547 1,601 2,237 2,155
Capital investments (922) (831) (902) (797) (1,024) (975) (835) (772) (930) (1,045) (797) (848) (991) (755) (654) (536) (633) (695) (792) (807)
Other investing activities, net 23 (3) 112 (5) 7 (1) (34) (33) 18 26 93 12 74 34 88 31 38 31 182
Cash used in investing activities (899) (834) (790) (802) (1,017) (976) (869) (805) (912) (1,019) (704) (836) (917) (721) (566) (505) (595) (664) (610) (807)
Dividends paid (810) (815) (793) (795) (793) (792) (793) (795) (797) (806) (813) (743) (755) (695) (700) (650) (652) (655) (659) (660)
Debt repaid (6) (413) (449) (1,358) (11) (515) (1,017) (647) (106) (521) (798) (866) (179) (429) (644) (47) (1,221) (62) (465) (305)
Share repurchase programs (674) (731) (100) (130) (575) (785) (2,024) (730) (2,743) (1,445) (1,761) (2,738) (1,347) (749) (400) (2,556)
Debt issued 400 400 400 1,199 1,990 600 3,490 300 1,005 2,896 1,008 2,996
Net issued (paid) commercial paper (297) 1 296
Accelerated share repurchase programs pending final settlement 440 (440) 400 (400) 400 (400)
Other financing activities, net (202) 249 24 6 (281) 95 139 (109) 11 (53) (42) (151) 212 (4) (148) (29) (130) (326) 6 (72)
Cash used in financing activities (1,692) (2,007) (917) (1,451) (1,085) (1,212) (1,401) (927) (1,677) (1,414) (1,343) (1,453) (1,867) (1,484) (1,734) (2,073) (2,752) (1,043) (110) (997)
Net change in cash, cash equivalents, and restricted cash 71 (190) 204 (131) 293 (62) (252) 108 (297) 470 (116) (53) (255) 79 (39) (620) (800) (106) 1,517 351

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Cash flow statement item Description The company
Cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Union Pacific Corp. cash provided by operating activities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Union Pacific Corp. cash used in investing activities decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Cash used in financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Union Pacific Corp. cash used in financing activities decreased from Q2 2024 to Q3 2024 but then slightly increased from Q3 2024 to Q4 2024.