10-Q/APeriod: Q2 FY2008

UNION PACIFIC CORP Quarterly Report (Amendment) for Q2 Ended Jun 30, 2008

Filed July 31, 2008For Securities:UNP

Summary

Union Pacific Corporation (UNP) filed an amendment (10-Q/A) to its Quarterly Report on Form 10-Q for the period ended June 30, 2008, primarily to correct an error on the cover page regarding the number of outstanding common shares. The original filing incorrectly included treasury shares, and this amendment clarifies that there were 509,170,209 shares outstanding as of July 18, 2008. Investors should note that this amendment does not update or modify any other financial or operational information presented in the original 10-Q filing, which remains current as of its filing date.

Financial Statements
Beta
Revenue$4.57B
Operating Expenses$3.64B
Operating Income$931.00M
Interest Expense$128.00M
Net Income$531.00M
EPS (Basic)$0.52
EPS (Diluted)$0.51
Shares Outstanding (Basic)1.03B
Shares Outstanding (Diluted)1.04B

Key Highlights

  • 1Amendment primarily corrects an error on the cover page of the prior 10-Q filing.
  • 2The correct number of outstanding common shares as of July 18, 2008, is 509,170,209.
  • 3The previous filing incorrectly included 43,607,803 treasury shares in the outstanding count.
  • 4This amendment does not introduce new financial data or operational updates beyond the cover page correction.
  • 5The original Form 10-Q, filed on July 24, 2008, remains the source for all other period-specific financial and operational disclosures.
  • 6Union Pacific is identified as a large accelerated filer.

Frequently Asked Questions

The primary reason for this amended filing is to correct an error on the cover page of the original Form 10-Q filed on July 24, 2008. The error was in the reported number of outstanding common shares.

The incorrect information on the original cover page stated that 552,778,012 shares of common stock were outstanding as of July 18, 2008. The corrected number of outstanding common shares, excluding treasury shares, is 509,170,209 as of July 18, 2008.

No, this amendment specifically addresses an error on the cover page regarding the number of outstanding shares. It does not modify or update any other financial, operational, or disclosure information presented in the original Form 10-Q, which continues to speak as of its original filing date.

Yes, investors should rely on the original Form 10-Q, filed on July 24, 2008, for the company's financial and operational performance during the quarter ended June 30, 2008. This amendment is solely for the correction of the outstanding share count on the cover page.