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Revenues (Tables)
3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues Disaggregated by Lines of Business The following table presents the Company’s revenues disaggregated by market as this best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors:
First Quarters
(Dollars in millions)20212020
Chemicals$580 $626 
Agricultural and Food Products349 365 
Automotive236 281 
Forest Products(a)
220 219 
Metals and Equipment186 199 
Minerals125 127 
Fertilizers(a)
122 110 
Total Merchandise1,818 1,927 
Intermodal468 422 
Coal384 405 
Other143 101 
Total$2,813 $2,855 
(a) In first quarter 2021, changes were made in the categorization of certain lines of business, impacting Forest Products and Fertilizers. The impacts were not material and prior periods have been reclassified to conform to the current presentation.
Schedule of Accounts Receivable
The Company’s accounts receivable - net consists of freight and non-freight receivables, reduced by an allowance for credit losses.
(Dollars in millions)March 31,
2021
December 31,
2020
Freight Receivables $786 $716 
Freight Allowance for Credit Losses(16)(16)
Freight Receivables, net770 700 
Non-Freight Receivables 199 224 
Non-Freight Allowance for Credit Losses(12)(12)
Non-Freight Receivables, net 187 212 
Total Accounts Receivable, net$957 $912