Analysis of Inventory
Advanced level
Inventory Disclosure
Union Pacific Corp., balance sheet: inventory
US$ in millions
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Materials and supplies | 638 | 751 | 742 | 749 | 717 |
Based on: 10-K (filing date: 2021-02-05), 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-03).
| Item | Description | The company |
|---|---|---|
| Materials and supplies | Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. | Union Pacific Corp.’s materials and supplies increased from 2018 to 2019 but then decreased significantly from 2019 to 2020. |