10-Q Filing

CSX CORP CIK: 277948 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0000277948-16-000073`
Period End Date	20160630
Filing Date	20160714
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	csx-20160624.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 72 Cash Flow Statement 62 Comprehensive Income 4

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$438.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$628.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$669.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$566.00M	USD	Point-in-time
Short-term Investments	`ShortTermInvestments`	$810.00M	USD	Point-in-time
Short-term Investments	`ShortTermInvestments`	$262.00M	USD	Point-in-time
Accounts Receivable - Net	`AccountsReceivableNetCurrent`	$982.00M	USD	Point-in-time
Accounts Receivable - Net	`AccountsReceivableNetCurrent`	$912.00M	USD	Point-in-time
Materials and Supplies	`MaterialsSuppliesAndOther`	$399.00M	USD	Point-in-time
Materials and Supplies	`MaterialsSuppliesAndOther`	$350.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$70.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$89.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.23B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.84B	USD	Point-in-time
Properties	`PropertyPlantAndEquipmentGross`	$42.34B	USD	Point-in-time
Properties	`PropertyPlantAndEquipmentGross`	$41.57B	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$11.40B	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$11.74B	USD	Point-in-time
Properties - Net	`PropertyPlantAndEquipmentNet`	$30.17B	USD	Point-in-time
Properties - Net	`PropertyPlantAndEquipmentNet`	$30.61B	USD	Point-in-time
Other Long-term Assets	`OtherAssetsNoncurrent`	$337.00M	USD	Point-in-time
Other Long-term Assets	`OtherAssetsNoncurrent`	$302.00M	USD	Point-in-time
Total Assets	`Assets`	$34.74B	USD	Point-in-time
Total Assets	`Assets`	$34.55B	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$766.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$764.00M	USD	Point-in-time
Labor and Fringe Benefits Payable	`EmployeeRelatedLiabilitiesCurrent`	$490.00M	USD	Point-in-time
Labor and Fringe Benefits Payable	`EmployeeRelatedLiabilitiesCurrent`	$464.00M	USD	Point-in-time
Casualty, Environmental and Other Reserves	`LossContingencyAccrualCarryingValueCurrent`	$133.00M	USD	Point-in-time
Casualty, Environmental and Other Reserves	`LossContingencyAccrualCarryingValueCurrent`	$131.00M	USD	Point-in-time
Current Maturities of Long-term Debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$632.00M	USD	Point-in-time
Current Maturities of Long-term Debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$20.00M	USD	Point-in-time
Income and Other Taxes Payable	`TaxesPayableCurrent`	$108.00M	USD	Point-in-time
Income and Other Taxes Payable	`TaxesPayableCurrent`	$137.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$150.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$439.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.95B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.28B	USD	Point-in-time
Casualty, Environmental and Other Reserves	`LossContingencyAccrualCarryingValueNoncurrent`	$246.00M	USD	Point-in-time
Casualty, Environmental and Other Reserves	`LossContingencyAccrualCarryingValueNoncurrent`	$269.00M	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$10.52B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$9.90B	USD	Point-in-time
Deferred Income Taxes - Net	`DeferredTaxLiabilitiesNoncurrent`	$9.36B	USD	Point-in-time
Deferred Income Taxes - Net	`DeferredTaxLiabilitiesNoncurrent`	$9.18B	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$1.14B	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$1.16B	USD	Point-in-time
Total Liabilities	`Liabilities`	$23.08B	USD	Point-in-time
Total Liabilities	`Liabilities`	$22.93B	USD	Point-in-time
Common Stock, $1 Par Value	`CommonStockValue`	$946.00M	USD	Point-in-time
Common Stock, $1 Par Value	`CommonStockValue`	$966.00M	USD	Point-in-time
Other Capital	`AdditionalPaidInCapitalCommonStock`	$116.00M	USD	Point-in-time
Other Capital	`AdditionalPaidInCapitalCommonStock`	$113.00M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$11.24B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$11.20B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-649.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-665.00M	USD	Point-in-time
Noncontrolling Interest	`MinorityInterest`	$16.00M	USD	Point-in-time
Noncontrolling Interest	`MinorityInterest`	$13.00M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.67B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.62B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$34.55B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$34.74B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$6.09B	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$5.32B	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$3.06B	USD	1 Quarter
Revenue	`SalesRevenueNet`	$2.70B	USD	1 Quarter
Labor and Fringe	`LaborAndRelatedExpense`	$1.54B	USD	2 Qtrs
Labor and Fringe	`LaborAndRelatedExpense`	$1.70B	USD	2 Qtrs
Labor and Fringe	`LaborAndRelatedExpense`	$825.00M	USD	1 Quarter
Labor and Fringe	`LaborAndRelatedExpense`	$749.00M	USD	1 Quarter
Materials, Supplies and Other	`OtherCostAndExpenseOperating`	$1.19B	USD	2 Qtrs
Materials, Supplies and Other	`OtherCostAndExpenseOperating`	$1.07B	USD	2 Qtrs
Materials, Supplies and Other	`OtherCostAndExpenseOperating`	$559.00M	USD	1 Quarter
Materials, Supplies and Other	`OtherCostAndExpenseOperating`	$519.00M	USD	1 Quarter
Fuel	`FuelCosts`	$533.00M	USD	2 Qtrs
Fuel	`FuelCosts`	$263.00M	USD	1 Quarter
Fuel	`FuelCosts`	$322.00M	USD	2 Qtrs
Fuel	`FuelCosts`	$172.00M	USD	1 Quarter
Depreciation	`Depreciation`	$594.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$319.00M	USD	1 Quarter
Depreciation	`Depreciation`	$632.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$299.00M	USD	1 Quarter
Equipment and Other Rents	`EquipmentandOtherRents`	$101.00M	USD	1 Quarter
Equipment and Other Rents	`EquipmentandOtherRents`	$214.00M	USD	2 Qtrs
Equipment and Other Rents	`EquipmentandOtherRents`	$105.00M	USD	1 Quarter
Equipment and Other Rents	`EquipmentandOtherRents`	$210.00M	USD	2 Qtrs
Total Expense	`OperatingExpenses`	$1.86B	USD	1 Quarter
Total Expense	`OperatingExpenses`	$2.05B	USD	1 Quarter
Total Expense	`OperatingExpenses`	$3.78B	USD	2 Qtrs
Total Expense	`OperatingExpenses`	$4.23B	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$1.54B	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$1.02B	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$1.86B	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$840.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$134.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$268.00M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$141.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$284.00M	USD	2 Qtrs
Other Income - Net	`NonoperatingIncomeExpense`	$15.00M	USD	2 Qtrs
Other Income - Net	`NonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
Other Income - Net	`NonoperatingIncomeExpense`	$8.00M	USD	1 Quarter
Other Income - Net	`NonoperatingIncomeExpense`	$6.00M	USD	2 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$887.00M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$707.00M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.60B	USD	2 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.27B	USD	2 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$603.00M	USD	2 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$474.00M	USD	2 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$262.00M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$334.00M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$801.00M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$995.00M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$553.00M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$445.00M	USD	1 Quarter
Net Earnings Per Share, Basic (in dollars per share)	`EarningsPerShareBasic`	$0.56	USD	1 Quarter
Net Earnings Per Share, Basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	2 Qtrs
Net Earnings Per Share, Basic (in dollars per share)	`EarningsPerShareBasic`	$1.01	USD	2 Qtrs
Net Earnings Per Share, Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Net Earnings Per Share, Assuming Dilution (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	2 Qtrs
Net Earnings Per Share, Assuming Dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.84	USD	2 Qtrs
Net Earnings Per Share, Assuming Dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Net Earnings Per Share, Assuming Dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	988.00M	shares	1 Quarter
Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	989.00M	shares	2 Qtrs
Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	957.00M	shares	2 Qtrs
Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	952.00M	shares	1 Quarter
Average Shares Outstanding, Assuming Dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	989.00M	shares	1 Quarter
Average Shares Outstanding, Assuming Dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	990.00M	shares	2 Qtrs
Average Shares Outstanding, Assuming Dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	952.00M	shares	1 Quarter
Average Shares Outstanding, Assuming Dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	958.00M	shares	2 Qtrs
Cash Dividends Paid Per Common Share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.36	USD	2 Qtrs
Cash Dividends Paid Per Common Share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.18	USD	1 Quarter
Cash Dividends Paid Per Common Share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.34	USD	2 Qtrs
Cash Dividends Paid Per Common Share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.18	USD	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`NetIncomeLoss`	$801.00M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$995.00M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$553.00M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$445.00M	USD	1 Quarter
Depreciation	`Depreciation`	$594.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$319.00M	USD	1 Quarter
Depreciation	`Depreciation`	$632.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$299.00M	USD	1 Quarter
Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$165.00M	USD	2 Qtrs
Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$33.00M	USD	2 Qtrs
Gain on Property Dispositions	`GainLossOnSaleOfPropertyPlantEquipment`	$19.00M	USD	2 Qtrs
Gain on Property Dispositions	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Other Operating Activities	`OtherOperatingActivitiesCashFlowStatement`	$65.00M	USD	2 Qtrs
Other Operating Activities	`OtherOperatingActivitiesCashFlowStatement`	$-27.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-101.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-66.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$52.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$61.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-68.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Income and Other Taxes Payable	`IncreaseDecreaseInAccruedTaxesPayable`	$27.00M	USD	2 Qtrs
Income and Other Taxes Payable	`IncreaseDecreaseInAccruedTaxesPayable`	$78.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-11.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-145.00M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$1.58B	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$1.59B	USD	2 Qtrs
Property Additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.29B	USD	2 Qtrs
Property Additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.07B	USD	2 Qtrs
Purchase of Short-term Investments	`PaymentsToAcquireShortTermInvestments`	$260.00M	USD	2 Qtrs
Purchase of Short-term Investments	`PaymentsToAcquireShortTermInvestments`	$775.00M	USD	2 Qtrs
Proceeds from Sales of Short-term Investments	`ProceedsFromSaleOfShortTermInvestments`	$810.00M	USD	2 Qtrs
Proceeds from Sales of Short-term Investments	`ProceedsFromSaleOfShortTermInvestments`	$390.00M	USD	2 Qtrs
Proceeds from Property Dispositions	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	2 Qtrs
Proceeds from Property Dispositions	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$47.00M	USD	2 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-52.00M	USD	2 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-27.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-481.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.57B	USD	2 Qtrs
Long-term Debt Issued	`ProceedsFromIssuanceOfLongTermDebt`	$600.00M	USD	2 Qtrs
Long-term Debt Issued	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Long-term Debt Repaid	`RepaymentsOfDebtAndCapitalLeaseObligations`	$210.00M	USD	2 Qtrs
Long-term Debt Repaid	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	2 Qtrs
Dividends Paid	`PaymentsOfDividendsCommonStock`	$344.00M	USD	2 Qtrs
Dividends Paid	`PaymentsOfDividendsCommonStock`	$336.00M	USD	2 Qtrs
Shares Repurchased	`PaymentsForRepurchaseOfCommonStock`	$266.00M	USD	1 Quarter
Shares Repurchased	`PaymentsForRepurchaseOfCommonStock`	$284.00M	USD	2 Qtrs
Shares Repurchased	`PaymentsForRepurchaseOfCommonStock`	$515.00M	USD	2 Qtrs
Shares Repurchased	`PaymentsForRepurchaseOfCommonStock`	$157.00M	USD	1 Quarter
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.00M	USD	2 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-314.00M	USD	2 Qtrs
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.17B	USD	2 Qtrs
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-239.00M	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-62.00M	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-231.00M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$438.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$628.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$669.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$566.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$438.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$628.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$669.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$566.00M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Total Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$1.00B	USD	2 Qtrs
Total Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$454.00M	USD	1 Quarter
Total Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$565.00M	USD	1 Quarter
Total Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$817.00M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.