Union Pacific Corporation (LON:0R2E)

Union Pacific Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	7,052	6,747	6,379	6,998	6,523	5,349
Depreciation & Amortization	2,447	2,398	2,318	2,246	2,208	2,210
Loss (Gain) From Sale of Assets	-	-	-	-	-	-115
Other Operating Activities	168	15	-15	110	98	830
Change in Accounts Receivable	115	179	-177	-169	-217	90
Change in Inventory	-7	-26	-2	-120	17	113
Change in Accounts Payable	-53	189	-215	565	184	-73
Change in Income Taxes	-19	-87	129	-273	188	170
Change in Other Net Operating Assets	24	-69	-38	5	31	-34
Operating Cash Flow	9,727	9,346	8,379	9,362	9,032	8,540
Operating Cash Flow Growth	7.14%	11.54%	-10.50%	3.65%	5.76%	-0.80%
Capital Expenditures	-3,714	-3,452	-3,606	-3,620	-2,936	-2,927
Sale of Property, Plant & Equipment	-	-	-	-	-	149
Investment in Securities	-	-	-	-	-	5
Other Investing Activities	24	127	-61	149	227	97
Investing Cash Flow	-3,690	-3,325	-3,667	-3,471	-2,709	-2,676
Long-Term Debt Issued	-	800	1,599	6,080	4,201	4,004
Total Debt Issued	1,995	800	1,599	6,080	4,201	4,004
Short-Term Debt Repaid	-	-	-	-	-	-127
Long-Term Debt Repaid	-	-2,226	-2,190	-2,291	-1,299	-2,381
Total Debt Repaid	-1,430	-2,226	-2,190	-2,291	-1,299	-2,508
Net Debt Issued (Repaid)	565	-1,426	-591	3,789	2,902	1,496
Repurchase of Common Stock	-3,353	-1,505	-705	-6,282	-7,291	-3,705
Common Dividends Paid	-3,228	-3,213	-3,173	-3,159	-2,800	-2,626
Other Financing Activities	-148	77	-156	-235	31	-67
Financing Cash Flow	-6,164	-6,067	-4,625	-5,887	-7,158	-4,902
Net Cash Flow	-127	-46	87	4	-835	962
Free Cash Flow	6,013	5,894	4,773	5,742	6,096	5,613
Free Cash Flow Growth	8.83%	23.49%	-16.88%	-5.81%	8.61%	8.86%
Free Cash Flow Margin	24.50%	24.30%	19.79%	23.08%	27.96%	28.74%
Free Cash Flow Per Share	10.04	9.69	7.82	9.20	9.30	8.27
Cash Interest Paid	1,269	1,260	1,268	1,156	1,087	1,050
Cash Income Tax Paid	962	1,340	1,486	2,060	1,658	1,214
Levered Free Cash Flow	4,491	4,623	3,363	4,056	4,764	3,829
Unlevered Free Cash Flow	5,301	5,416	4,201	4,851	5,487	4,542
Change in Working Capital	60	186	-303	8	203	266

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.