Note 2 - Operations and Segmentation |
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Nature of Operations [Text Block] |
2. Operations and Segmentation
The Railroad, along with its subsidiaries and rail affiliates, is our reportable operating segment. Although we provide and analyze revenues by commodity group, we treat the financial results of the Railroad as segment due to the integrated nature of our rail network. Our operating revenues are primarily derived from contracts with customers for the transportation of freight from origin to destination.
The following table represents a disaggregation of our freight and other revenues:
Although our revenues are principally derived from customers domiciled in the U.S., the ultimate points of origination or destination for some products we transport are outside the U.S. Each of our commodity groups includes revenues from shipments to and from Mexico. Included in the above table are revenues from our Mexico business, which amounted to $689 million and $681 million for the three months ended June 30, 2023 and 2022, respectively, and $1.4 billion and $1.3 billion for the six months ended June 30, 2023 and 2022, respectively. |