10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000702165-23-000017 |
| Period End Date | 20230331 |
| Filing Date | 20230426 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | nsc-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$12.59B | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$12.81B | 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 |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$552.00M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.35B | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$456.00M | USD | Point-in-time |
| Common stock, shares outstanding, net of treasury shares (in shares) |
CommonStockSharesOutstanding
|
228.08M | shares | Point-in-time |
| Accounts receivable net |
AccountsReceivableNetCurrent
|
$1.17B | USD | Point-in-time |
| Accounts receivable net |
AccountsReceivableNetCurrent
|
$1.15B | USD | Point-in-time |
| Common stock, shares outstanding, net of treasury shares (in shares) |
CommonStockSharesOutstanding
|
227.64M | shares | Point-in-time |
| Materials and supplies |
MaterialsSuppliesAndOther
|
$262.00M | USD | Point-in-time |
| Materials and supplies |
MaterialsSuppliesAndOther
|
$253.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$138.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$150.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.12B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.01B | USD | Point-in-time |
| Investments |
LongTermInvestments
|
$3.69B | USD | Point-in-time |
| Investments |
LongTermInvestments
|
$3.74B | USD | Point-in-time |
| Properties less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$32.16B | USD | Point-in-time |
| Properties less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$32.24B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.07B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.03B | USD | Point-in-time |
| Total assets |
Assets
|
$38.88B | USD | Point-in-time |
| Total assets |
Assets
|
$39.17B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.29B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.31B | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$100.00M | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
- | USD | Point-in-time |
| Income and other taxes |
TaxesPayableCurrent
|
$438.00M | USD | Point-in-time |
| Income and other taxes |
TaxesPayableCurrent
|
$312.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$341.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$668.00M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$403.00M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$603.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.65B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.82B | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$14.59B | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$14.48B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.76B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.78B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$7.26B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$7.25B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$26.15B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$26.44B | USD | Point-in-time |
| Common stock |
CommonStockValueOutstanding
|
$230.00M | USD | Point-in-time |
| Common stock |
CommonStockValueOutstanding
|
$229.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.16B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.15B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-351.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-355.00M | USD | Point-in-time |
| Retained income |
RetainedEarningsAccumulatedDeficit
|
$10.70B | USD | Point-in-time |
| Retained income |
RetainedEarningsAccumulatedDeficit
|
$10.70B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$13.64B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$12.73B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$13.46B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$12.73B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$38.88B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$39.17B | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Railway operating revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.13B | 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
|
$690.00M | USD | 1 Quarter |
| Purchased services and rents |
PurchasedServicesAndRents
|
$437.00M | USD | 1 Quarter |
| Purchased services and rents |
PurchasedServicesAndRents
|
$496.00M | USD | 1 Quarter |
| Fuel |
FuelCosts
|
$301.00M | USD | 1 Quarter |
| Fuel |
FuelCosts
|
$315.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$321.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$302.00M | USD | 1 Quarter |
| Materials and other |
OtherCostAndExpenseOperating
|
$212.00M | USD | 1 Quarter |
| Materials and other |
OtherCostAndExpenseOperating
|
$171.00M | USD | 1 Quarter |
| Eastern Ohio incident |
UnusualOrInfrequentItemLossGross
|
$387.00M | USD | 1 Quarter |
| Eastern Ohio incident |
UnusualOrInfrequentItemLossGross
|
- | USD | 1 Quarter |
| Total railway operating expenses |
CostsAndExpenses
|
$2.42B | USD | 1 Quarter |
| Total railway operating expenses |
CostsAndExpenses
|
$1.83B | USD | 1 Quarter |
| Income from railway operations |
OperatingIncomeLoss
|
$711.00M | USD | 1 Quarter |
| Income from railway operations |
OperatingIncomeLoss
|
$1.08B | USD | 1 Quarter |
| Other income (expense) net |
OtherNonoperatingIncomeExpense
|
$56.00M | USD | 1 Quarter |
| Other income (expense) net |
OtherNonoperatingIncomeExpense
|
$-5.00M | USD | 1 Quarter |
| Interest expense on debt |
InterestExpense
|
$168.00M | USD | 1 Quarter |
| Interest expense on debt |
InterestExpense
|
$175.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$912.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$592.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$209.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$126.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$703.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$466.00M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$2.04 | 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
|
$2.04 | 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
|
$466.00M | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$321.00M | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$302.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$48.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-15.00M | USD | 1 Quarter |
| Gains and losses on properties |
GainLossOnDispositionOfAssets1
|
$4.00M | USD | 1 Quarter |
| Gains and losses on properties |
GainLossOnDispositionOfAssets1
|
$6.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$94.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$22.00M | USD | 1 Quarter |
| Materials and supplies |
IncreaseDecreaseInMaterialsAndSupplies
|
$9.00M | USD | 1 Quarter |
| Materials and supplies |
IncreaseDecreaseInMaterialsAndSupplies
|
$46.00M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-21.00M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-12.00M | USD | 1 Quarter |
| Current liabilities other than debt |
IncreaseDecreaseInOtherOperatingLiabilities
|
$83.00M | USD | 1 Quarter |
| Current liabilities other than debt |
IncreaseDecreaseInOtherOperatingLiabilities
|
$480.00M | USD | 1 Quarter |
| Other net |
OtherOperatingActivitiesCashFlowStatement
|
$-17.00M | USD | 1 Quarter |
| Other net |
OtherOperatingActivitiesCashFlowStatement
|
$-56.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.17B | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$994.00M | USD | 1 Quarter |
| Property additions |
PaymentsToAcquirePropertyPlantAndEquipment
|
$389.00M | USD | 1 Quarter |
| Property additions |
PaymentsToAcquirePropertyPlantAndEquipment
|
$428.00M | USD | 1 Quarter |
| Property sales and other transactions |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$36.00M | USD | 1 Quarter |
| Property sales and other transactions |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$20.00M | USD | 1 Quarter |
| Investment purchases |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Investment purchases |
PaymentsToAcquireInvestments
|
$1.00M | USD | 1 Quarter |
| Investment sales and other transactions |
PaymentsForProceedsFromOtherInvestingActivities
|
$-19.00M | USD | 1 Quarter |
| Investment sales and other transactions |
PaymentsForProceedsFromOtherInvestingActivities
|
$-17.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-391.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-335.00M | USD | 1 Quarter |
| Dividends |
PaymentsOfDividendsCommonStock
|
$307.00M | USD | 1 Quarter |
| Dividends |
PaymentsOfDividendsCommonStock
|
$297.00M | USD | 1 Quarter |
| Common stock transactions |
CommonStockTransactions
|
$-18.00M | USD | 1 Quarter |
| Common stock transactions |
CommonStockTransactions
|
$-10.00M | USD | 1 Quarter |
| Purchase and retirement of common stock |
PaymentsForRepurchaseOfCommonStock
|
$163.00M | USD | 1 Quarter |
| Purchase and retirement of common stock |
PaymentsForRepurchaseOfCommonStock
|
$600.00M | USD | 1 Quarter |
| Proceeds from borrowings |
ProceedsFromDebtNetOfIssuanceCosts
|
$594.00M | USD | 1 Quarter |
| Proceeds from borrowings |
ProceedsFromDebtNetOfIssuanceCosts
|
$989.00M | USD | 1 Quarter |
| Debt repayments |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$1.00M | USD | 1 Quarter |
| Debt repayments |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$800.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-686.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$73.00M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$96.00M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$732.00M | USD | 1 Quarter |
| At beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$456.00M | USD | Point-in-time |
| At beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$839.00M | USD | Point-in-time |
| At beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.57B | USD | Point-in-time |
| At beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$552.00M | USD | Point-in-time |
| At end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$456.00M | USD | Point-in-time |
| At end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$839.00M | USD | Point-in-time |
| At end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.57B | USD | Point-in-time |
| At end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$552.00M | USD | Point-in-time |
| Interest (net of amounts capitalized) |
InterestPaidNet
|
$129.00M | USD | 1 Quarter |
| Interest (net of amounts capitalized) |
InterestPaidNet
|
$114.00M | USD | 1 Quarter |
| Income taxes (net of refunds) |
IncomeTaxesPaidNet
|
$9.00M | USD | 1 Quarter |
| Income taxes (net of refunds) |
IncomeTaxesPaidNet
|
$-1.00M | 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
|
$1.35 | USD | 1 Quarter |
| Balance at Beginning of Year |
StockholdersEquity
|
$13.64B | USD | Point-in-time |
| Balance at Beginning of Year |
StockholdersEquity
|
$12.73B | USD | Point-in-time |
| Balance at Beginning of Year |
StockholdersEquity
|
$13.46B | USD | Point-in-time |
| Balance at Beginning of Year |
StockholdersEquity
|
$12.73B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$703.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$466.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-4.00M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$8.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$462.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$711.00M | USD | 1 Quarter |
| Dividends on common stock, |
DividendsCommonStockCash
|
$307.00M | USD | 1 Quarter |
| Dividends on common stock, |
DividendsCommonStockCash
|
$297.00M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedAndRetiredDuringPeriodValue
|
$163.00M | USD | 1 Quarter |
| Share repurchases |
StockRepurchasedAndRetiredDuringPeriodValue
|
$600.00M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$6.00M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$2.00M | USD | 1 Quarter |
| Balance at End of Period |
StockholdersEquity
|
$13.64B | USD | Point-in-time |
| Balance at End of Period |
StockholdersEquity
|
$12.73B | USD | Point-in-time |
| Balance at End of Period |
StockholdersEquity
|
$13.46B | USD | Point-in-time |
| Balance at End of Period |
StockholdersEquity
|
$12.73B | 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
|
$466.00M | USD | 1 Quarter |
| Pension and other postretirement benefit (expense) |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
$5.00M | USD | 1 Quarter |
| Pension and other postretirement benefit (expense) |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
$-6.00M | USD | 1 Quarter |
| Other comprehensive income (loss) of equity investees |
OciEquityMethodInvestmentBeforeTaxParent
|
$-1.00M | USD | 1 Quarter |
| Other comprehensive income (loss) of equity investees |
OciEquityMethodInvestmentBeforeTaxParent
|
$6.00M | USD | 1 Quarter |
| Other comprehensive income (loss), before tax |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$-6.00M | USD | 1 Quarter |
| Other comprehensive income (loss), before tax |
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$12.00M | USD | 1 Quarter |
| Income tax benefit (expense) related to items of other comprehensive income (loss) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$4.00M | USD | 1 Quarter |
| Income tax benefit (expense) related to items of other comprehensive income (loss) |
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
$-2.00M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-4.00M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$8.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$462.00M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$711.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.