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Financial Statements 2001 statements of OPERATIONS |
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Year
Ended September 30,
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| (dollars in millions) |
2001
|
2000
|
1999
|
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| Operating revenue—Note 7 |
$ 65,834 |
$ 64,540 |
$ 62,726 |
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| Operating expenses: | |||||
| Compensation and benefits—Notes 2, 3, 4 and 6 |
51,351 |
49,532 |
47,333 |
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| Transportation |
5,056 |
4,709 |
4,267 |
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| Other |
9,233 |
8,751 |
9,042 |
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| Total operating expenses |
194 |
1,548 |
2,084 |
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| Income from operations |
194 |
1,548 |
2,084 |
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| Interest and investment income |
35 |
41 |
29 |
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| Interest expense on deferred retirement liabilities—Note 6 |
(1,603) |
(1,568) |
(1,592) |
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| Interest expense on borrowings |
(306) |
(220) |
(158) |
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| Net (Loss) Income |
$ (1,680) |
$ (199) |
$ 363 |
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| See accompanying notes to financial statements. | |||||
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continue... |
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