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Stock Plans and Share-Based Compensation (Tables)
 3 Months Ended 12 Months Ended
Dec. 30, 2011
Dec. 30, 2011
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]    
Schedule of share-based compensation and related income tax benefit  
 Total pre-tax expense associated with share-based compensation and its related income tax benefit is as follows:
 
 
Fiscal Years
(Dollars in Millions)
 
2011
 
2010
 
2009
Share-Based Compensation Expense
 
$
30

 
$
62

 
$
17

Income Tax Benefit
 
$
11

 
$
24

 
$
6
Schedule of stock option activity  
A summary of CSX's stock option activity and related information for the fiscal years 2011, 2010 and 2009 is as follows:
 
 
Fiscal Years
 
 
2011
 
2010
 
2009
 
 
Options
Outstanding
(Thousands)
 
Weighted-
Average
Exercise
Price
 
Options
Outstanding
(Thousands)
 
Weighted-
Average
Exercise
Price
 
Options
Outstanding
(Thousands)
 
Weighted-
Average
Exercise
Price
Outstanding & Exercisable at Beginning of Year
 
9,111

 
$
5.82

 
16,233

 
$
5.87

 
21,975

 
$
5.98

Expired or Cancelled
 
(27
)
 
$
6.44

 
(6
)
 
$
6.10

 
(282
)
 
$
7.42

Exercised
 
(4,939
)
 
$
5.96

 
(7,116
)
 
$
5.93

 
(5,460
)
 
$
6.23

 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding & Exercisable at End of Year
 
4,145

 
$
5.64

 
9,111

 
$
5.82

 
16,233

 
$
5.87
Schedule of stock options outstanding  
The following table summarizes information about stock options outstanding at December 2011:
 
 
 
 
Number
Outstanding
 
Weighted-
Average
Remaining
Contractual
 
Weighted-
Average
Exercise
 
Aggregate
Intrinsic
Value
Exercise Price
(Thousands)
 
Life (Years)
 
Price
 
(Millions)
$
5

to
$
10

 
4,145

 
1.0

 
$
5.64

 
$
64
Schedule of outstanding restricted stock awards  
The following table provides information about outstanding restricted stock awards.  As of December 2011, unrecognized compensation expense for these awards was approximately $14 million, which will be expensed over an average remaining period of two years.
 
 
Fiscal Years
 
 
2011
 
2010
 
2009
Number of Restricted Stock Awards Outstanding (Thousands)(a)
 
1,572

 
1,173

 
807

Weighted-Average Fair Value at Grant Date
 
$
16.91

 
$
13.67

 
$
11.06

Restricted Stock Award Expense (Millions)(a)
 
7

 
4

 
2

Number of Unvested Restricted Stock Awards Outstanding (Thousands)
 
678

 
702

 
612

Weighted-Average Fair Value of Unvested Awards Outstanding
 
$
20.93

 
$
14.69

 
$
11.19


(a)  Time-based restricted stock units were granted to key members of management under the respective Long-term Incentive Plans in the amount of 361,000 , 402,000, and 658,000 in 2011, 2010, and 2009, respectively, as described below.  These units vest over three years, therefore only a partial amount of expense was recognized in 2011, 2010, and 2009, respectively.
Schedule of target units granted and weighted-average fair value calculations  
 
 
LTIP Plan (Plan Ended In)
 
 
2011
 
2012
 
2013
Number of target units outstanding (Thousands)(a)
 
1,966

 
1,224

 
1,097

Weighted-average fair value at grant date (a)
 
$
11.09

 
$
18.14

 
$
25.92

Payout Range
 
0% - 233%
 
0% - 200%
 
0% - 200%

(a) Number of target units granted and weighted-average fair value calculations above include the value of both initial grants and subsequent, smaller grants issued at different prices based on grant date fair value to new or promoted employees not previously included.
Schedule of outstanding long-term incentive plans  
The activity related to each of the outstanding long-term incentive plans is summarized as follows:
 
LTIP Plan (Plan Ended In)
 
 
2011
 
2012
 
2013
 
(Units in Thousands)

Units Outstanding
Weighted-Average Fair Value at Grant Date
Unvested at December 25, 2009
1,788

 
—

 
—

$
10.50

Granted in 2010
158

 
1,235

 
—

16.89

Forfeited in 2010
(4
)
 
(52
)
 
—

17.31

Unvested at December 31, 2010
1,942

 
1,183

 
—

14.43

 
 

 
 

 
 

 
Granted in 2011
25

 
41

 
1,111

24.69

Forfeited in 2011
—

 
—

 
(14
)
23.93

Vested at December 30, 2011
1,966

 
—

 
—

11.09

Unvested at December 30, 2011
—

 
1,224

 
1,097

$
22.03
Schedule of shares issued to directors  
 The following table provides information about shares issued to directors.
 
 
Fiscal Years
 
 
2011
 
2010
 
2009
Shares Issued to Directors (Thousands)
 
93

 
114

 
222

Expense (Millions)
 
$
2

 
$
2

 
$
2

Weighted Average Grant Date Stock Price
 
$
23.46

 
$
15.16

 
$
10.30
Schedule of shareholder dividend reinvestment plan
The following table provides information about shares available for issuance under this plan at the end of fiscal years 2011, 2010 and 2009.
 
 
Fiscal Years
 
 
2011
 
2010
 
2009
Number of Shares Available for Issuance (Thousands)
 
38,548

 
39,250

 
39,804