the significant subsidiaries of Union Pacific Corporation

Consolidation Differences among Major Companies
A variety of organizational structures are used by major companies, and different approaches to consolidation are sometimes found. Two large and familiar U.S. corporations are Union Pacific and ExxonMobil.

Required

  1. Many large companies have tens or even hundreds of subsidiaries. List the significant subsidiaries of Union Pacific Corporation.
  2. ExxonMobil Corporation is a major energy company. Does ExxonMobil consolidate all of its majority-owned subsidiaries? Explain. Does ExxonMobil consolidate any entities in which it does not hold majority ownership? Explain. What methods does ExxonMobil use to account for investments in the common stock of companies in which it holds less than majority ownership?
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