Union Pacific Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,266	1,016	1,055	973	960
Short-Term Investments	250	20	16	46	46
Cash & Short-Term Investments	1,516	1,036	1,071	1,019	1,006
Cash Growth	46.33%	-3.27%	5.10%	1.29%	-45.88%
Accounts Receivable	1,860	1,894	2,073	1,891	1,722
Inventory	787	769	743	741	621
Other Current Assets	392	322	261	301	202
Total Current Assets	4,555	4,021	4,148	3,952	3,551
Net Property, Plant & Equipment	60,681	59,640	59,041	57,710	56,658
Long-Term Investments	2,885	2,664	2,605	2,375	2,241
Other Long-Term Assets	1,577	1,390	1,338	1,412	1,075
Total Assets	69,698	67,715	67,132	65,449	63,525
Accounts Payable	3,494	3,829	3,683	3,842	3,578
Current Portion of Long-Term Debt	1,520	1,425	1,423	1,678	2,166
Other Current Liabilities	3,494	3,829	3,683	3,842	3,578
Total Current Liabilities	5,014	5,254	5,106	5,520	5,744
Long-Term Debt	30,294	29,767	31,156	31,648	27,563
Long-Term Leases	738	925	1,245	1,300	1,429
Other Long-Term Liabilities	15,185	14,879	14,837	14,818	14,628
Total Long-Term Liabilities	46,217	45,571	47,238	47,766	43,620
Total Liabilities	51,231	50,825	52,344	53,286	49,364
Common Stock	2,783	2,783	2,782	2,782	2,781
Treasury Stock	-58,843	-56,132	-54,666	-54,004	-47,734
Additional Paid-in Capital	5,589	5,334	5,193	5,080	4,979
Accumulated Other Comprehensive Income	-591	-723	-614	-582	-914
Retained Earnings	69,529	65,628	62,093	58,887	55,049
Shareholders' Equity	18,467	16,890	14,788	12,163	14,161
Total Liabilities & Equity	69,698	67,715	67,132	65,449	63,525
Total Debt	32,552	32,117	33,824	34,626	31,158
Net Cash (Debt)	-31,036	-31,081	-32,753	-33,607	-30,152
Net Cash Per Share	-52.08	-51.07	-53.68	-53.86	-45.99
Book Value	18,467	16,890	14,788	12,163	14,161
Book Value Per Share	30.99	27.75	24.23	19.49	21.60
Tangible Book Value	18,467	16,890	14,788	12,163	14,161
Tangible Book Value Per Share	30.99	27.75	24.23	19.49	21.60

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.