Properties (Tables)

12 Months Ended

Dec. 31, 2011

Notes To Financial Statements [Abstract]


In millions			December 31, 2011						December 31, 2010
	2011 depreciation			Accumulated						Accumulated
	rate		Cost	depreciation			Net		Cost	depreciation			Net
Track and roadway ⁽¹⁾	2%	$	25,534	$	6,903	$	18,631	$	24,568	$	6,744	$	17,824
Rolling stock	4%		4,923		1,668		3,255		4,843		1,565		3,278
Buildings	2%		1,220		473		747		1,148		467		681
Information technology ⁽²⁾	12%		931		383		548		854		330		524
Other	6%		1,213		477		736		1,057		447		610
Total properties including capital leases		$	33,821	$	9,904	$	23,917	$	32,470	$	9,553	$	22,917


(1)	Includes the cost of land of $1,798 million and $1,712 million as at December 31, 2011 and 2010, respectively.

(2)	The Company capitalized $94 million in 2011 and $79 million in 2010 of internally developed software costs pursuant to ASC 350-40, “Intangibles – Goodwill and Other, Internal – Use Software.”

Capital Lease Disclosure


Capital leases included in properties
Track and roadway ⁽³⁾	$	417	$	48	$	369	$	427	$	43	$	384
Rolling stock		1,144		317		827		1,129		287		842
Buildings		109		16		93		108		13		95
Other		102		15		87		130		28		102
Total capital leases included in properties	$	1,772	$	396	$	1,376	$	1,794	$	371	$	1,423

(3)

Includes $108 million of right-of-way access in both years.

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details