Stock Analysis on Net
Stock Analysis on Net

Union Pacific Corp. (NYSE:UNP)

Cash Flow Statement
Quarterly Data

Beginner level

The cash flow statement provides information about a company’s 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’s 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

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3 months ended: Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Net income 1,132  1,474  1,403  1,555  1,570  1,391  1,554  1,593  1,509  1,310  7,278  1,194  1,168  1,072  1,144  1,131  979  979  1,117  1,300  1,204  1,151 
Depreciation 551  547  559  557  551  549  555  547  546  543  532  528  525  520  520  512  504  502  517  507  497  491 
Deferred and other income taxes 80  91  269  88  106  103  26  108  92  112  (5,581) 216  153  145  312  170  180  169  410  118  129  108 
Other operating activities, net 55  (64) (24) 61  94  (53) (51) 65  (36) 339  (478) (34) 25  94  (54) (78) (116) (74) 143  (138) (65) 32 
Accounts receivable, net 281  (74) 55  159  (137) 83  37  (158) (63) (78) (65) (71) (78) (21) 93  22  (18) 152  51  47 
Materials and supplies 24  59  20  (38) 47  (17) 36  (59) (7) (16) 34  (43) (27) (30) 56  20  21  (18) (32)
Other current assets (37) 99  73  (28) (57) 41  42  (112) 67  56  18  (132) 37  41  (19) (37) 83  15  (70) (75)
Accounts payable and other current liabilities (29) (168) 78  (72) 74  (259) 50  80  124  (379) 225  16  127  (186) 153  41  96  (58) (248) (80) 207  (155)
Income and other taxes 180  289  (114) (61) (294) 240  53  81  (81) 225  (139) 50  (396) 434  (120) 133  (310) 671  (460) 104  (226) 497 
Changes in current assets and liabilities 419  107  138  103  (380) (31) 228  28  21  (403) 81  35  (295) 52  136  207  (195) 597  (468) 65  (56) 282 
Adjustments to reconcile net income to cash provided by operating activities 1,105  681  942  809  371  568  758  748  623  591  (5,446) 745  408  811  914  811  373  1,194  602  552  505  913 
Cash provided by operating activities 2,237  2,155  2,345  2,364  1,941  1,959  2,312  2,341  2,132  1,901  1,832  1,939  1,576  1,883  2,058  1,942  1,352  2,173  1,719  1,852  1,709  2,064 
Capital investments (792) (807) (958) (935) (808) (752) (1,009) (814) (704) (910) (859) (790) (778) (811) (901) (1,014) (903) (687) (1,327) (1,116) (1,106) (1,101)
Proceeds from asset sales 99  11  33  16  14  24  19  12  16  82  53  17  13  17  70  29  60  20  139  32 
Maturities of short-term investments 70  10  15  15  90  —  30  —  60  30  —  —  60  270  250  —  —  —  —  —  — 
Purchases of short-term investments (5) (70) (5) (10) (10) (90) —  (30) —  (60) (30) —  —  (90) —  (250) (330) —  —  —  —  — 
Other investing activities, net 83  (8) 14  —  (39) (46) (3) (21) (21) 17  12  (19) 44  16  (3) (14) 41  (18) (27) (73)
Cash used in investing activities (610) (807) (928) (897) (826) (784) (977) (809) (706) (919) (826) (696) (721) (843) (574) (981) (1,166) (672) (1,226) (1,114) (994) (1,142)
Debt issued 1,008  2,996  —  994  —  2,992  —  —  6,742  150  450  1,099  986  200  100  455  150  1,278  1,085  —  1,097  1,146 
Share repurchase programs —  (2,556) (642) (1,533) (642) (2,987) (1,201) (331) (5,527) (1,166) (1,131) (1,271) (852) (759) (1,005) (848) (546) (706) (670) (1,190) (813) (792)
Dividends paid (659) (660) (673) (677) (622) (626) (583) (591) (557) (568) (522) (480) (488) (492) (497) (457) (460) (465) (467) (476) (479) (922)
Debt repaid (465) (305) (175) (38) (44) (560) (29) (412) (1,058) (237) (369) (27) (260) (184) (532) (32) (167) (282) (120) (40) (63) (333)
Accelerated share repurchase programs pending final settlement —  (400) —  500  —  (500) —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Net issuance (repayment) of commercial paper —  (1) (1) (476) 172  299  (1) (1) (440) 636  —  —  —  —  —  —  —  —  —  —  —  — 
Debt exchange —  —  (387) —  —  —  —  —  —  —  —  —  —  —  (191) —  —  —  —  —  —  — 
Other financing activities, net (71) 14  (5) (6) (23) (3) (30) (24) (6) (3) (4) (33) —  (6) (44) (8) (3) (20)
Cash used in financing activities (110) (997) (1,864) (1,235) (1,142) (1,405) (1,817) (1,326) (870) (1,209) (1,578) (682) (618) (1,268) (2,116) (882) (1,029) (219) (180) (1,701) (261) (921)
Net change in cash, cash equivalents and restricted cash 1,517  351  (447) 232  (27) (230) (482) 206  556  (227) (572) 561  237  (228) (632) 79  (843) 1,282  313  (963) 454 

Based on: 10-Q (filing date: 2020-07-23), 10-Q (filing date: 2020-04-23), 10-K (filing date: 2020-02-07), 10-Q (filing date: 2019-10-17), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-19), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-09), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-27), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-10-20), 10-Q (filing date: 2016-07-21), 10-Q (filing date: 2016-04-21), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-22), 10-Q (filing date: 2015-07-24), 10-Q (filing date: 2015-04-23).

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.’s cash provided by operating activities decreased from Q4 2019 to Q1 2020 but then slightly increased from Q1 2020 to Q2 2020.
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 Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
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 Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.