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Shareholders' Equity
12 Months Ended
Dec. 30, 2011
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Shareholders’ Equity

Common and preferred stock consists of the following:


Common Stock, $1 Par Value
 
December 30,
2011
 
 
(Units in Millions)
Common Shares Authorized
 
1,800

Common Shares Issued and Outstanding
 
1,049

 
 
 
Preferred Stock
 
 
Preferred Shares Authorized
 
25

Preferred Shares Issued and Outstanding
 



Holders of common stock are entitled to one vote on all matters requiring a vote for each share held.  Preferred stock is senior to common stock with respect to dividends and upon liquidation of CSX.