v3.26.1
Revenues from contracts with customers (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from contracts with customers disaggregated by reportable segment and source of revenue

The following tables summarize customer contract revenues disaggregated by reportable segment and the source of the revenue (in millions). Other revenues, which are not considered to be revenues from contracts with customers under GAAP, are primarily insurance premiums earned, interest, dividend and other investment income and leasing revenues.

 

BNSF

 

BHE

 

Manufacturing

 

Service
and
Retailing

 

Pilot

 

McLane

 

Insurance,
Corporate
and other

 

Total

 

Three months ended June 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufactured products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial and commercial

$

—

 

$

—

 

$

9,774

 

$

46

 

$

—

 

$

—

 

$

—

 

$

9,820

 

Building

 

—

 

 

—

 

 

5,255

 

 

—

 

 

—

 

 

—

 

 

—

 

 

5,255

 

Consumer

 

—

 

 

—

 

 

4,333

 

 

—

 

 

—

 

 

—

 

 

—

 

 

4,333

 

Grocery and convenience store distribution

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

6,704

 

 

—

 

 

6,704

 

Food and beverage distribution

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

4,902

 

 

—

 

 

4,902

 

Auto sales

 

—

 

 

—

 

 

—

 

 

2,897

 

 

—

 

 

—

 

 

—

 

 

2,897

 

Other retail and wholesale distribution

 

—

 

 

—

 

 

1,105

 

 

4,349

 

 

14,808

 

 

—

 

 

—

 

 

20,262

 

Service

 

6,531

 

 

1,184

 

 

569

 

 

2,015

 

 

70

 

 

275

 

 

—

 

 

10,644

 

Electricity and natural gas

 

—

 

 

5,298

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

5,298

 

Total

 

6,531

 

 

6,482

 

 

21,036

 

 

9,307

 

 

14,878

 

 

11,881

 

 

—

 

 

70,115

 

Other revenues

 

46

 

 

248

 

 

1,484

 

 

2,551

 

 

47

 

 

7

 

 

27,310

 

 

31,693

 

$

6,577

 

$

6,730

 

$

22,520

 

$

11,858

 

$

14,925

 

$

11,888

 

$

27,310

 

$

101,808

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufactured products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial and commercial

$

—

 

$

—

 

$

18,946

 

$

97

 

$

—

 

$

—

 

$

—

 

$

19,043

 

Building

 

—

 

 

—

 

 

9,923

 

 

—

 

 

—

 

 

—

 

 

—

 

 

9,923

 

Consumer

 

—

 

 

—

 

 

8,384

 

 

—

 

 

—

 

 

—

 

 

—

 

 

8,384

 

Grocery and convenience store distribution

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

13,494

 

 

—

 

 

13,494

 

Food and beverage distribution

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

9,600

 

 

—

 

 

9,600

 

Auto sales

 

—

 

 

—

 

 

—

 

 

5,488

 

 

—

 

 

—

 

 

—

 

 

5,488

 

Other retail and wholesale distribution

 

—

 

 

—

 

 

2,083

 

 

8,489

 

 

25,952

 

 

—

 

 

—

 

 

36,524

 

Service

 

12,452

 

 

1,975

 

 

911

 

 

3,838

 

 

135

 

 

515

 

 

—

 

 

19,826

 

Electricity and natural gas

 

—

 

 

10,970

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

10,970

 

Total

 

12,452

 

 

12,945

 

 

40,247

 

 

17,912

 

 

26,087

 

 

23,609

 

 

—

 

 

133,252

 

Other revenues

 

90

 

 

443

 

 

2,915

 

 

4,907

 

 

67

 

 

38

 

 

53,771

 

 

62,231

 

$

12,542

 

$

13,388

 

$

43,162

 

$

22,819

 

$

26,154

 

$

23,647

 

$

53,771

 

$

195,483

 

 

Notes to Consolidated Financial Statements

Note 23. Revenues from contracts with customers

 

BNSF

 

BHE

 

Manufacturing

 

Service
and
Retailing

 

Pilot

 

McLane

 

Insurance,
Corporate
and other

 

Total

 

Three months ended June 30, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufactured products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial and commercial

$

—

 

$

—

 

$

7,702

 

$

45

 

$

—

 

$

—

 

$

—

 

$

7,747

 

Building

 

—

 

 

—

 

 

5,123

 

 

—

 

 

—

 

 

—

 

 

—

 

 

5,123

 

Consumer

 

—

 

 

—

 

 

4,361

 

 

—

 

 

—

 

 

—

 

 

—

 

 

4,361

 

Grocery and convenience store distribution

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

7,516

 

 

—

 

 

7,516

 

Food and beverage distribution

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

4,663

 

 

—

 

 

4,663

 

Auto sales

 

—

 

 

—

 

 

—

 

 

2,911

 

 

—

 

 

—

 

 

—

 

 

2,911

 

Other retail and wholesale distribution

 

—

 

 

—

 

 

952

 

 

3,785

 

 

9,996

 

 

—

 

 

—

 

 

14,733

 

Service

 

5,700

 

 

1,175

 

 

429

 

 

1,747

 

 

68

 

 

208

 

 

—

 

 

9,327

 

Electricity and natural gas

 

—

 

 

5,025

 

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

5,025

 

Total

 

5,700

 

 

6,200

 

 

18,567

 

 

8,488

 

 

10,064

 

 

12,387

 

 

—

 

 

61,406

 

Other revenues

 

46

 

 

205

 

 

1,373

 

 

2,183

 

 

31

 

 

12

 

 

27,259

 

 

31,109

 

$

5,746

 

$

6,405

 

$

19,940

 

$

10,671

 

$

10,095

 

$

12,399

 

$

27,259

 

$

92,515

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufactured products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial and commercial

$

—

 

$

—

 

$

15,055

 

$

118

 

$

—

 

$

—

 

$

—

 

$

15,173

 

Building

 

—

 

 

—

 

 

9,711

 

 

—

 

 

—

 

 

—

 

 

—

 

 

9,711

 

Consumer

 

—

 

 

—

 

 

8,621

 

 

—

 

 

—

 

 

—

 

 

—

 

 

8,621

 

Grocery and convenience store distribution

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

14,958

 

 

—

 

 

14,958

 

Food and beverage distribution

 

—

 

 

—

 

 

—

 

 

—

 

 

—

 

 

9,036

 

 

—

 

 

9,036

 

Auto sales

 

—

 

 

—

 

 

—

 

 

5,612

 

 

—

 

 

—

 

 

—

 

 

5,612

 

Other retail and wholesale distribution

 

—

 

 

—

 

 

1,829

 

 

7,354

 

 

20,149

 

 

—

 

 

—

 

 

29,332

 

Service

 

11,353

 

 

1,966

 

 

712

 

 

3,386

 

 

131

 

 

401

 

 

—

 

 

17,949

 

Electricity and natural gas

 

—

 

 

10,371

 

 

—

 

 

—

 

 

 

 

—

 

 

—

 

 

10,371

 

Total

 

11,353

 

 

12,337

 

 

35,928

 

 

16,470

 

 

20,280

 

 

24,395

 

 

—

 

 

120,763

 

Other revenues

 

92

 

 

412

 

 

2,764

 

 

4,313

 

 

237

 

 

20

 

 

53,639

 

 

61,477

 

$

11,445

 

$

12,749

 

$

38,692

 

$

20,783

 

$

20,517

 

$

24,415

 

$

53,639

 

$

182,240

 

Transaction prices allocated to significant unsatisfied remaining performance obligations and timing of when performance obligations expected to be satisfied

A summary of transaction prices allocated to the significant unsatisfied remaining performance obligations related to contracts with expected durations exceeding one year as of June 30, 2026 and the timing of when the performance obligations are expected to be satisfied follows (in millions).

 

 

Less than
12 months

 

 

Greater than
12 months

 

 

Total

 

Electricity and natural gas

 

$

4,184

 

 

$

19,641

 

 

$

23,825

 

Other sales and service contracts

 

 

4,007

 

 

 

8,264

 

 

 

12,271