10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000702165-22-000014 |
| Period End Date | 20220331 |
| Filing Date | 20220427 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | nsc-20220331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Properties, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$12.03B | USD | Point-in-time |
| Properties, accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$12.12B | USD | Point-in-time |
| Common stock, par or stated value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$1.00 | USD | Point-in-time |
| Common stock, par or stated value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$1.00 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.35B | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.35B | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.57B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$839.00M | USD | Point-in-time |
| Accounts receivable net |
AccountsReceivableNetCurrent
|
$976.00M | USD | Point-in-time |
| Common stock, shares outstanding, net of treasury shares (in shares) |
CommonStockSharesOutstanding
|
238.33M | shares | Point-in-time |
| Accounts receivable net |
AccountsReceivableNetCurrent
|
$1.07B | USD | Point-in-time |
| Common stock, shares outstanding, net of treasury shares (in shares) |
CommonStockSharesOutstanding
|
240.16M | shares | Point-in-time |
| Materials and supplies |
MaterialsSuppliesAndOther
|
$264.00M | USD | Point-in-time |
| Materials and supplies |
MaterialsSuppliesAndOther
|
$218.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$134.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$110.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$3.02B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.17B | USD | Point-in-time |
| Investments |
LongTermInvestments
|
$3.70B | USD | Point-in-time |
| Investments |
LongTermInvestments
|
$3.71B | USD | Point-in-time |
| Properties less accumulated depreciation of $12,123 and $12,031, respectively |
PropertyPlantAndEquipmentNet
|
$31.66B | USD | Point-in-time |
| Properties less accumulated depreciation of $12,123 and $12,031, respectively |
PropertyPlantAndEquipmentNet
|
$31.65B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$992.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$966.00M | USD | Point-in-time |
| Total assets |
Assets
|
$38.49B | USD | Point-in-time |
| Total assets |
Assets
|
$39.36B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.35B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.18B | USD | Point-in-time |
| Income and other taxes |
TaxesPayableCurrent
|
$443.00M | USD | Point-in-time |
| Income and other taxes |
TaxesPayableCurrent
|
$305.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$370.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$312.00M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$553.00M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$1.15B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.15B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.52B | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$13.29B | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$13.69B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.84B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.88B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$7.17B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$7.22B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$24.85B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$25.90B | USD | Point-in-time |
| Common stock $1.00 per share par value, 1,350,000,000 shares authorized; outstanding 238,332,514 and 240,162,790 shares, respectively, net of treasury shares |
CommonStockValueOutstanding
|
$242.00M | USD | Point-in-time |
| Common stock $1.00 per share par value, 1,350,000,000 shares authorized; outstanding 238,332,514 and 240,162,790 shares, respectively, net of treasury shares |
CommonStockValueOutstanding
|
$240.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.20B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.21B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-402.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-394.00M | USD | Point-in-time |
| Retained income |
RetainedEarningsAccumulatedDeficit
|
$11.41B | USD | Point-in-time |
| Retained income |
RetainedEarningsAccumulatedDeficit
|
$11.59B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$13.46B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$13.64B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$14.79B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$14.64B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$38.49B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$39.36B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Railway operating revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.64B | USD | 1 Quarter |
| Railway operating revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.92B | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$619.00M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$611.00M | USD | 1 Quarter |
| Purchased services and rents |
PurchasedServicesAndRents
|
$437.00M | USD | 1 Quarter |
| Purchased services and rents |
PurchasedServicesAndRents
|
$393.00M | USD | 1 Quarter |
| Fuel |
FuelCosts
|
$301.00M | USD | 1 Quarter |
| Fuel |
FuelCosts
|
$177.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$302.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$292.00M | USD | 1 Quarter |
| Materials and other |
OtherCostAndExpenseOperating
|
$171.00M | USD | 1 Quarter |
| Materials and other |
OtherCostAndExpenseOperating
|
$151.00M | USD | 1 Quarter |
| Total railway operating expenses |
CostsAndExpenses
|
$1.83B | USD | 1 Quarter |
| Total railway operating expenses |
CostsAndExpenses
|
$1.62B | USD | 1 Quarter |
| Income from railway operations |
OperatingIncomeLoss
|
$1.01B | USD | 1 Quarter |
| Income from railway operations |
OperatingIncomeLoss
|
$1.08B | USD | 1 Quarter |
| Other income (expense) net |
OtherNonoperatingIncomeExpense
|
$-5.00M | USD | 1 Quarter |
| Other income (expense) net |
OtherNonoperatingIncomeExpense
|
$7.00M | USD | 1 Quarter |
| Interest expense on debt |
InterestExpense
|
$156.00M | USD | 1 Quarter |
| Interest expense on debt |
InterestExpense
|
$168.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$912.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$866.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$193.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$209.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$703.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$673.00M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$2.67 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$2.94 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$2.93 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$2.66 | USD | 1 Quarter |
Cash Flow Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$703.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$673.00M | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$302.00M | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$292.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$52.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$48.00M | USD | 1 Quarter |
| Gains and losses on properties |
GainLossOnDispositionOfAssets1
|
$8.00M | USD | 1 Quarter |
| Gains and losses on properties |
GainLossOnDispositionOfAssets1
|
$6.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$95.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$94.00M | USD | 1 Quarter |
| Materials and supplies |
IncreaseDecreaseInMaterialsAndSupplies
|
$46.00M | USD | 1 Quarter |
| Materials and supplies |
IncreaseDecreaseInMaterialsAndSupplies
|
$20.00M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-9.00M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-21.00M | USD | 1 Quarter |
| Current liabilities other than debt |
IncreaseDecreaseInOtherOperatingLiabilities
|
$158.00M | USD | 1 Quarter |
| Current liabilities other than debt |
IncreaseDecreaseInOtherOperatingLiabilities
|
$83.00M | USD | 1 Quarter |
| Other net |
OtherOperatingActivitiesCashFlowStatement
|
$-46.00M | USD | 1 Quarter |
| Other net |
OtherOperatingActivitiesCashFlowStatement
|
$-17.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$994.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.01B | USD | 1 Quarter |
| Property additions |
PaymentsToAcquirePropertyPlantAndEquipment
|
$389.00M | USD | 1 Quarter |
| Property additions |
PaymentsToAcquirePropertyPlantAndEquipment
|
$265.00M | USD | 1 Quarter |
| Property sales and other transactions |
ProceedsFromPropertySalesAndOtherTransactions
|
$36.00M | USD | 1 Quarter |
| Property sales and other transactions |
ProceedsFromPropertySalesAndOtherTransactions
|
$37.00M | USD | 1 Quarter |
| Investment purchases |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Investment purchases |
PaymentsToAcquireInvestments
|
$1.00M | USD | 1 Quarter |
| Investment sales and other transactions |
PaymentsForProceedsFromOtherInvestingActivities
|
$-26.00M | USD | 1 Quarter |
| Investment sales and other transactions |
PaymentsForProceedsFromOtherInvestingActivities
|
$-19.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-202.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-335.00M | USD | 1 Quarter |
| Dividends |
PaymentsOfDividendsCommonStock
|
$249.00M | USD | 1 Quarter |
| Dividends |
PaymentsOfDividendsCommonStock
|
$297.00M | USD | 1 Quarter |
| Common stock transactions |
CommonStockTransactions
|
$-6.00M | USD | 1 Quarter |
| Common stock transactions |
CommonStockTransactions
|
$-18.00M | USD | 1 Quarter |
| Purchase and retirement of common stock |
PaymentsForRepurchaseOfCommonStock
|
$591.00M | USD | 1 Quarter |
| Purchase and retirement of common stock |
PaymentsForRepurchaseOfCommonStock
|
$600.00M | USD | 1 Quarter |
| Proceeds from borrowings |
ProceedsFromDebtNetOfIssuanceCosts
|
$989.00M | USD | 1 Quarter |
| Proceeds from borrowings |
ProceedsFromDebtNetOfIssuanceCosts
|
- | USD | 1 Quarter |
| Debt repayments |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$1.00M | USD | 1 Quarter |
| Debt repayments |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$84.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$73.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-930.00M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-117.00M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$732.00M | USD | 1 Quarter |
| At beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.11B | USD | Point-in-time |
| At beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$998.00M | USD | Point-in-time |
| At beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.57B | USD | Point-in-time |
| At beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$839.00M | USD | Point-in-time |
| At end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.11B | USD | Point-in-time |
| At end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$998.00M | USD | Point-in-time |
| At end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.57B | USD | Point-in-time |
| At end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$839.00M | USD | Point-in-time |
| Interest (net of amounts capitalized) |
InterestPaidNet
|
$114.00M | USD | 1 Quarter |
| Interest (net of amounts capitalized) |
InterestPaidNet
|
$110.00M | USD | 1 Quarter |
| Income taxes (net of refunds) |
IncomeTaxesPaidNet
|
$9.00M | USD | 1 Quarter |
| Income taxes (net of refunds) |
IncomeTaxesPaidNet
|
$27.00M | USD | 1 Quarter |
Stockholders Equity
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, dividends, per share, declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$1.24 | USD | 1 Quarter |
| Common stock, dividends, per share, declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.99 | USD | 1 Quarter |
| Balance at Beginning of Year |
StockholdersEquity
|
$13.46B | USD | Point-in-time |
| Balance at Beginning of Year |
StockholdersEquity
|
$13.64B | USD | Point-in-time |
| Balance at Beginning of Year |
StockholdersEquity
|
$14.79B | USD | Point-in-time |
| Balance at Beginning of Year |
StockholdersEquity
|
$14.64B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$703.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$673.00M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$8.00M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$8.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$711.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$681.00M | USD | 1 Quarter |
| Dividends on common stock, |
DividendsCommonStockCash
|
$249.00M | USD | 1 Quarter |
| Dividends on common stock, |
DividendsCommonStockCash
|
$297.00M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedAndRetiredDuringPeriodValue
|
$600.00M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedAndRetiredDuringPeriodValue
|
$591.00M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$6.00M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$11.00M | USD | 1 Quarter |
| Balance at End of Period |
StockholdersEquity
|
$13.46B | USD | Point-in-time |
| Balance at End of Period |
StockholdersEquity
|
$13.64B | USD | Point-in-time |
| Balance at End of Period |
StockholdersEquity
|
$14.79B | USD | Point-in-time |
| Balance at End of Period |
StockholdersEquity
|
$14.64B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$703.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$673.00M | USD | 1 Quarter |
| Pension and other postretirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-6.00M | USD | 1 Quarter |
| Pension and other postretirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-11.00M | USD | 1 Quarter |
| Other comprehensive income of equity investees |
OciEquityMethodInvestmentBeforeTax
|
$6.00M | USD | 1 Quarter |
| Other comprehensive income of equity investees |
OciEquityMethodInvestmentBeforeTax
|
- | USD | 1 Quarter |
| Other comprehensive income, before tax |
OtherComprehensiveIncomeLossBeforeTax
|
$11.00M | USD | 1 Quarter |
| Other comprehensive income, before tax |
OtherComprehensiveIncomeLossBeforeTax
|
$12.00M | USD | 1 Quarter |
| Income tax expense related to items of other comprehensive income |
OtherComprehensiveIncomeLossTax
|
$3.00M | USD | 1 Quarter |
| Income tax expense related to items of other comprehensive income |
OtherComprehensiveIncomeLossTax
|
$4.00M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$8.00M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$8.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$711.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$681.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.