Form 10-K - Union Pacific

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Union Pacific Corporation and Subsidiary Companies
Millions, Except Share and Per Share Amounts
as of December 31, 2011 2010
Assets
Current assets:
Cash and cash equivalents $ 1,217 $ 1,086
Accounts receivable, net (Note 10) 1,401 1,184
Materials and supplies 614 534
Current deferred income taxes (Note 7) 306 261
Other current assets 189 367
Total current assets 3,727 3,432
Investments 1,175 1,137
Net properties (Note 11) 39,934 38,253
Other assets 260 266
Total assets $ 45,096 $ 43,088
Liabilities and Common Shareholders' Equity
Current liabilities:
Accounts payable and other current liabilities (Note 12) $ 3,108 $ 2,713
Debt due within one year (Note 14) 209 239
Total current liabilities 3,317 2,952
Debt due after one year (Note 14) 8,697 9,003
Deferred income taxes (Note 7) 12,368 11,557
Other long-term liabilities 2,136 1,813
Commitments and contingencies (Notes 16 and 17)
Total liabilities 26,518 25,325
Common shareholders' equity:
Common shares, $2.50 par value, 800,000,000 authorized;
554,270,763 and 553,931,181 issued; 479,929,530 and 491,565,880
outstanding, respectively 1,386 1,385
Paid-in-surplus 4,031 3,985
Retained earnings 19,508 17,154
Treasury stock (5,293) (4,027)
Accumulated other comprehensive loss (Note 9) (1,054) (734)
Total common shareholders' equity 18,578 17,763
Total liabilities and common shareholders' equity $ 45,096 $ 43,088
The accompanying notes are an integral part of these Consolidated Financial Statements.
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