10-Q Filing

CSX CORP CIK: 277948 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0000277948-17-000045`
Period End Date	20170630
Filing Date	20170719
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	csx-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 76 Cash Flow Statement 60 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`	$603.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$628.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$566.00M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$620.00M	USD	Point-in-time
Short-term Investments	`ShortTermInvestments`	$417.00M	USD	Point-in-time
Short-term Investments	`ShortTermInvestments`	$477.00M	USD	Point-in-time
Accounts Receivable - Net (Note 1)	`AccountsReceivableNetCurrent`	$1.01B	USD	Point-in-time
Accounts Receivable - Net (Note 1)	`AccountsReceivableNetCurrent`	$938.00M	USD	Point-in-time
Materials and Supplies	`MaterialsSuppliesAndOther`	$407.00M	USD	Point-in-time
Materials and Supplies	`MaterialsSuppliesAndOther`	$428.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$122.00M	USD	Point-in-time
Other Current Assets	`OtherAssetsCurrent`	$90.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.49B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.63B	USD	Point-in-time
Properties	`PropertyPlantAndEquipmentGross`	$43.23B	USD	Point-in-time
Properties	`PropertyPlantAndEquipmentGross`	$43.75B	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$12.08B	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$12.32B	USD	Point-in-time
Properties - Net	`PropertyPlantAndEquipmentNet`	$31.15B	USD	Point-in-time
Properties - Net	`PropertyPlantAndEquipmentNet`	$31.43B	USD	Point-in-time
Other Long-term Assets	`OtherAssetsNoncurrent`	$317.00M	USD	Point-in-time
Other Long-term Assets	`OtherAssetsNoncurrent`	$318.00M	USD	Point-in-time
Total Assets	`Assets`	$35.86B	USD	Point-in-time
Total Assets	`Assets`	$35.41B	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$810.00M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$806.00M	USD	Point-in-time
Labor and Fringe Benefits Payable	`EmployeeRelatedLiabilitiesCurrent`	$506.00M	USD	Point-in-time
Labor and Fringe Benefits Payable	`EmployeeRelatedLiabilitiesCurrent`	$545.00M	USD	Point-in-time
Casualty, Environmental and Other Reserves (Note 4)	`LossContingencyAccrualCarryingValueCurrent`	$115.00M	USD	Point-in-time
Casualty, Environmental and Other Reserves (Note 4)	`LossContingencyAccrualCarryingValueCurrent`	$115.00M	USD	Point-in-time
Current Maturities of Long-term Debt (Note 7)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$331.00M	USD	Point-in-time
Current Maturities of Long-term Debt (Note 7)	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$19.00M	USD	Point-in-time
Income and Other Taxes Payable	`TaxesPayableCurrent`	$129.00M	USD	Point-in-time
Income and Other Taxes Payable	`TaxesPayableCurrent`	$95.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$114.00M	USD	Point-in-time
Other Current Liabilities	`OtherLiabilitiesCurrent`	$127.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.04B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.67B	USD	Point-in-time
Casualty, Environmental and Other Reserves	`LossContingencyAccrualCarryingValueNoncurrent`	$248.00M	USD	Point-in-time
Casualty, Environmental and Other Reserves	`LossContingencyAccrualCarryingValueNoncurrent`	$259.00M	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$10.96B	USD	Point-in-time
Long-term Debt	`LongTermDebtAndCapitalLeaseObligations`	$11.81B	USD	Point-in-time
Deferred Income Taxes - Net	`DeferredTaxLiabilitiesNoncurrent`	$9.74B	USD	Point-in-time
Deferred Income Taxes - Net	`DeferredTaxLiabilitiesNoncurrent`	$9.60B	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$863.00M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$797.00M	USD	Point-in-time
Total Liabilities	`Liabilities`	$24.26B	USD	Point-in-time
Total Liabilities	`Liabilities`	$23.72B	USD	Point-in-time
Common Stock, $1 Par Value	`CommonStockValue`	$928.00M	USD	Point-in-time
Common Stock, $1 Par Value	`CommonStockValue`	$913.00M	USD	Point-in-time
Other Capital	`AdditionalPaidInCapitalCommonStock`	$138.00M	USD	Point-in-time
Other Capital	`AdditionalPaidInCapitalCommonStock`	$210.00M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$11.03B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$11.25B	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-640.00M	USD	Point-in-time
Accumulated Other Comprehensive Loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-569.00M	USD	Point-in-time
Noncontrolling Interest	`MinorityInterest`	$15.00M	USD	Point-in-time
Noncontrolling Interest	`MinorityInterest`	$14.00M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.60B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.69B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$35.86B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$35.41B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$2.93B	USD	1 Quarter
Revenue	`SalesRevenueNet`	$5.80B	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$2.70B	USD	1 Quarter
Revenue	`SalesRevenueNet`	$5.32B	USD	2 Qtrs
Labor and Fringe	`LaborAndRelatedExpense`	$743.00M	USD	1 Quarter
Labor and Fringe	`LaborAndRelatedExpense`	$1.54B	USD	2 Qtrs
Labor and Fringe	`LaborAndRelatedExpense`	$749.00M	USD	1 Quarter
Labor and Fringe	`LaborAndRelatedExpense`	$1.53B	USD	2 Qtrs
Materials, Supplies and Other	`OtherCostAndExpenseOperating`	$490.00M	USD	1 Quarter
Materials, Supplies and Other	`OtherCostAndExpenseOperating`	$519.00M	USD	1 Quarter
Materials, Supplies and Other	`OtherCostAndExpenseOperating`	$1.06B	USD	2 Qtrs
Materials, Supplies and Other	`OtherCostAndExpenseOperating`	$1.07B	USD	2 Qtrs
Fuel	`FuelCosts`	$322.00M	USD	2 Qtrs
Fuel	`FuelCosts`	$416.00M	USD	2 Qtrs
Fuel	`FuelCosts`	$172.00M	USD	1 Quarter
Fuel	`FuelCosts`	$198.00M	USD	1 Quarter
Depreciation	`Depreciation`	$319.00M	USD	1 Quarter
Depreciation	`Depreciation`	$647.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$327.00M	USD	1 Quarter
Depreciation	`Depreciation`	$632.00M	USD	2 Qtrs
Equipment and Other Rents	`EquipmentandOtherRents`	$185.00M	USD	2 Qtrs
Equipment and Other Rents	`EquipmentandOtherRents`	$210.00M	USD	2 Qtrs
Equipment and Other Rents	`EquipmentandOtherRents`	$95.00M	USD	1 Quarter
Equipment and Other Rents	`EquipmentandOtherRents`	$105.00M	USD	1 Quarter
Restructuring Charge	`RestructuringCharges`	-	USD	2 Qtrs
Restructuring Charge	`RestructuringCharges`	-	USD	1 Quarter
Restructuring Charge	`RestructuringCharges`	$122.00M	USD	1 Quarter
Restructuring Charge	`RestructuringCharges`	$295.00M	USD	2 Qtrs
Total Expense	`OperatingExpenses`	$1.98B	USD	1 Quarter
Total Expense	`OperatingExpenses`	$4.13B	USD	2 Qtrs
Total Expense	`OperatingExpenses`	$1.86B	USD	1 Quarter
Total Expense	`OperatingExpenses`	$3.78B	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$1.54B	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$840.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$1.67B	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$958.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$274.00M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$141.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$137.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$284.00M	USD	2 Qtrs
Other Income - Net	`NonoperatingIncomeExpense`	$6.00M	USD	1 Quarter
Other Income - Net	`NonoperatingIncomeExpense`	$8.00M	USD	1 Quarter
Other Income - Net	`NonoperatingIncomeExpense`	$15.00M	USD	2 Qtrs
Other Income - Net	`NonoperatingIncomeExpense`	$13.00M	USD	2 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.41B	USD	2 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.27B	USD	2 Qtrs
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$707.00M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$827.00M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$537.00M	USD	2 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$317.00M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$474.00M	USD	2 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$262.00M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$801.00M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$510.00M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$872.00M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$445.00M	USD	1 Quarter
Net Earnings Per Share, Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Net Earnings Per Share, Basic (in dollars per share)	`EarningsPerShareBasic`	$0.94	USD	2 Qtrs
Net Earnings Per Share, Basic (in dollars per share)	`EarningsPerShareBasic`	$0.55	USD	1 Quarter
Net Earnings Per Share, Basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	2 Qtrs
Net Earnings Per Share, Assuming Dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
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`	$0.94	USD	2 Qtrs
Net Earnings Per Share, Assuming Dilution (in dollars per share)	`EarningsPerShareDiluted`	$0.84	USD	2 Qtrs
Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	952.00M	shares	1 Quarter
Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	920.00M	shares	1 Quarter
Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	923.00M	shares	2 Qtrs
Average Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	957.00M	shares	2 Qtrs
Average Shares Outstanding, Assuming Dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	926.00M	shares	2 Qtrs
Average Shares Outstanding, Assuming Dilution (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	924.00M	shares	1 Quarter
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`	$0.20	USD	1 Quarter
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`	$0.36	USD	2 Qtrs
Cash Dividends Paid Per Common Share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.38	USD	2 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`NetIncomeLoss`	$801.00M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$510.00M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$872.00M	USD	2 Qtrs
Net Earnings	`NetIncomeLoss`	$445.00M	USD	1 Quarter
Depreciation	`Depreciation`	$319.00M	USD	1 Quarter
Depreciation	`Depreciation`	$647.00M	USD	2 Qtrs
Depreciation	`Depreciation`	$327.00M	USD	1 Quarter
Depreciation	`Depreciation`	$632.00M	USD	2 Qtrs
Restructuring Charge	`IncreaseDecreaseInRestructuringReserve`	$166.00M	USD	2 Qtrs
Restructuring Charge	`IncreaseDecreaseInRestructuringReserve`	-	USD	2 Qtrs
Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$112.00M	USD	2 Qtrs
Deferred Income Taxes	`DeferredIncomeTaxExpenseBenefit`	$165.00M	USD	2 Qtrs
Other Operating Activities	`OtherOperatingActivitiesCashFlowStatement`	$-15.00M	USD	2 Qtrs
Other Operating Activities	`OtherOperatingActivitiesCashFlowStatement`	$-27.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-66.00M	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$103.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$61.00M	USD	2 Qtrs
Other Current Assets	`IncreaseDecreaseInOtherCurrentAssets`	$-12.00M	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$6.00M	USD	2 Qtrs
Income and Other Taxes Payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-46.00M	USD	2 Qtrs
Income and Other Taxes Payable	`IncreaseDecreaseInAccruedTaxesPayable`	$27.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-85.00M	USD	2 Qtrs
Other Current Liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-11.00M	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$1.59B	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$1.57B	USD	2 Qtrs
Property Additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.07B	USD	2 Qtrs
Property Additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$955.00M	USD	2 Qtrs
Purchase of Short-term Investments	`PaymentsToAcquireShortTermInvestments`	$260.00M	USD	2 Qtrs
Purchase of Short-term Investments	`PaymentsToAcquireShortTermInvestments`	$545.00M	USD	2 Qtrs
Proceeds from Sales of Short-term Investments	`ProceedsFromSaleOfShortTermInvestments`	$492.00M	USD	2 Qtrs
Proceeds from Sales of Short-term Investments	`ProceedsFromSaleOfShortTermInvestments`	$810.00M	USD	2 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-41.00M	USD	2 Qtrs
Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-35.00M	USD	2 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-967.00M	USD	2 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-481.00M	USD	2 Qtrs
Long-term Debt Issued	`ProceedsFromIssuanceOfLongTermDebt`	$850.00M	USD	2 Qtrs
Long-term Debt Issued	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Long-term Debt Repaid	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	2 Qtrs
Long-term Debt Repaid	`RepaymentsOfDebtAndCapitalLeaseObligations`	$313.00M	USD	2 Qtrs
Dividends Paid	`PaymentsOfDividendsCommonStock`	$344.00M	USD	2 Qtrs
Dividends Paid	`PaymentsOfDividendsCommonStock`	$350.00M	USD	2 Qtrs
Shares Repurchased	`PaymentsForRepurchaseOfCommonStock`	$757.00M	USD	2 Qtrs
Shares Repurchased	`PaymentsForRepurchaseOfCommonStock`	$499.00M	USD	1 Quarter
Shares Repurchased	`PaymentsForRepurchaseOfCommonStock`	$266.00M	USD	1 Quarter
Shares Repurchased	`PaymentsForRepurchaseOfCommonStock`	$515.00M	USD	2 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-314.00M	USD	2 Qtrs
Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.00M	USD	2 Qtrs
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-582.00M	USD	2 Qtrs
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.17B	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`	$17.00M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$603.00M	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`	$566.00M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$620.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$603.00M	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`	$566.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$620.00M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Total Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$943.00M	USD	2 Qtrs
Total Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$454.00M	USD	1 Quarter
Total Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$817.00M	USD	2 Qtrs
Total Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$575.00M	USD	1 Quarter

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