Union Pacific (Union Pacific) Long-Term Capital Lease Obligation

: $1,245 Mil (As of Dec. 2023)

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Union Pacific's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,245 Mil.

Union Pacific's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($1,217 Mil) to Sep. 2023 ($1,244 Mil) and increased from Sep. 2023 ($1,244 Mil) to Dec. 2023 ($1,245 Mil).

Union Pacific's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($1,429 Mil) to Dec. 2022 ($1,300 Mil) and declined from Dec. 2022 ($1,300 Mil) to Dec. 2023 ($1,245 Mil).

Union Pacific Long-Term Capital Lease Obligation Historical Data

The historical data trend for Union Pacific's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Union Pacific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

1,471.00

1,623.00

1,429.00

1,300.00

1,245.00

Union Pacific Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation																1,300.00	1,233.00	1,217.00	1,244.00	1,245.00

Union Pacific (NYSE:UNP) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Union Pacific Long-Term Capital Lease Obligation Related Terms

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Union Pacific (Union Pacific) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Union Pacific Corp (NYSE:UNP) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

UNP:Mexico 1UNP:Italy UNPd:UK UNP:Germany UNP:Germany UNP:Germany UNP:Germany UPAC34:Brazil UNPC:Austria

Address

1400 Douglas Street, Omaha, NE, USA, 68179

Website

http://www.up.com

Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the U.S., UP generated $25 billion of revenue in 2022 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and derives roughly 10% of its revenue hauling freight to and from Mexico.

Executives

Jennifer L Hamann	officer: EVP & CHIEF FINANCIAL OFFICER	1400 DOUGLAS STREET, OMAHA NE 68130
Eric J Gehringer	officer: EVP Operations	1400 DOUGLAS STREET, OMAHA NE 68179
Kenyatta G Rocker	officer: EVP Marketing & Sales	1400 DOUGLAS STREET, OMAHA NE 68179
John Wiehoff	director
Doyle Simons	director	220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Rahul Jalali	officer: EVP & CIO	1400 DOUGLAS STREET, OMAHA NE 68179
Elizabeth F Whited	officer: EVP & CHIEF MARKETING OFFICER	1400 DOUGLAS ST, OMAHA NE 68179
Teresa M. Finley	director	927 STOVALL BOULEVARD NE, ATLANTA GA 30319
Sheri H. Edison	director	1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Todd M. Rynaski	officer: VP CONTROLLER & CAO UPC	1400 DOUGLAS STREET, STOP 1780, OMAHA NE 68179
Craig V Richardson	officer: EVP CLO & Corp Sec	1400 DOUGLAS STREET, OMAHA NE 68179
Delaney William J Iii	director	1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Vincenzo J Vena	officer: CHIEF OPERATING OFFICER	1400 DOUGLAS STREET, OMAHA NE 68179
Christopher J Williams	director	650 FIFTH AVE, 10TH FL, NEW YORK NY 10019
Knight Robert M Jr	officer: Senior Vice President Finance	UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179