Stock Analysis on Net

Union Pacific Corp. (NYSE:UNP)

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Union Pacific Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Cash and cash equivalents 1,055 750 830 1,079 973 1,267 788 909 960 1,194 1,115 1,183 1,799 2,601 2,706 1,130 831 1,250 1,049 1,059
Short-term investments 16 16 46 46 46 46 46 46 46 60 60 60 60 60 60 60 60 60
Accounts receivable, net 2,073 1,934 1,826 1,955 1,891 2,052 2,052 1,958 1,722 1,679 1,666 1,610 1,505 1,565 1,388 1,669 1,595 1,650 1,809 1,672
Materials and supplies 743 770 742 728 741 794 790 726 621 664 688 659 638 649 668 692 751 771 775 780
Other current assets 261 343 354 296 301 246 300 237 202 227 249 207 212 255 261 253 222 342 393 382
Current assets 4,148 3,813 3,752 4,058 3,952 4,405 3,976 3,876 3,551 3,810 3,764 3,719 4,214 5,130 5,083 3,804 3,459 4,073 4,086 3,953
Investments 2,605 2,580 2,524 2,439 2,375 2,314 2,287 2,279 2,241 2,273 2,277 2,167 2,164 2,071 2,042 2,078 2,050 2,003 1,989 1,951
Properties, net 57,398 57,010 56,641 56,274 56,038 55,689 55,315 55,064 54,871 54,362 54,148 54,062 54,161 54,375 54,270 54,121 53,916 53,488 53,115 52,856
Operating lease assets 1,643 1,670 1,651 1,700 1,672 1,703 1,706 1,727 1,787 1,630 1,635 1,581 1,610 1,642 1,700 1,773 1,812 1,931 2,076 2,146
Other assets 1,338 1,467 1,465 1,497 1,412 1,232 1,156 1,105 1,075 285 249 264 249 496 460 440 436 483 442 413
Long-term assets 62,984 62,727 62,281 61,910 61,497 60,938 60,464 60,175 59,974 58,550 58,309 58,074 58,184 58,584 58,472 58,412 58,214 57,905 57,622 57,366
Total assets 67,132 66,540 66,033 65,968 65,449 65,343 64,440 64,051 63,525 62,360 62,073 61,793 62,398 63,714 63,555 62,216 61,673 61,978 61,708 61,319

Based on: 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), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Union Pacific Corp. current assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Properties, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Union Pacific Corp. properties, net increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Union Pacific Corp. long-term assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Union Pacific Corp. total assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Union Pacific Corp. cash and cash equivalents decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 exceeding Q2 2023 level.
Short-term investments Amount of investment in marketable security, classified as current.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Union Pacific Corp. accounts receivable, net increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
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. materials and supplies increased from Q2 2023 to Q3 2023 but then slightly decreased from Q3 2023 to Q4 2023 not reaching Q2 2023 level.