Union Pacific Corp. (UNP)

Statement of Cash Flows

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position.

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 Statement of Cash Flows

USD $ in millions

	12 months ended	Dec 31, 2018		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014
	Net income
	Depreciation
	Deferred and other income taxes
	Net gain on non-operating asset dispositions
	Other operating activities, net
	Accounts receivable, net
	Materials and supplies
	Other current assets
	Accounts payable and other current liabilities
	Income and other taxes
	Changes in current assets and liabilities
	Adjustments to reconcile net income to cash provided by operating activities
	Cash provided by operating activities
	Capital investments
	Purchases of short-term investments
	Maturities of short-term investments
	Proceeds from asset sales
	Other investing activities, net
	Cash used in investing activities
	Share repurchase programs
	Debt issued
	Dividends paid
	Debt repaid
	Net issuance of commercial paper
	Debt exchange
	Other financing activities, net
	Cash used in financing activities
	Net change in cash, cash equivalents and restricted cash
	Cash, cash equivalents, and restricted cash at beginning of year
	Cash, cash equivalents, and restricted cash at end of year

Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-03), 10-K (filing date: 2016-02-05), 10-K (filing date: 2015-02-06).

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.’s cash provided by operating activities declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
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.’s cash used in investing activities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
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.’s cash used in financing activities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.

	Union Pacific Corp.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality