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Summarized Consolidating Financial Data (Tables)
 9 Months Ended
Sep. 28, 2012
Summarized Consolidating Financial Data [Abstract]  
Consolidating Income Statements
 Consolidating Income Statements
 (Dollars in millions)
Third Quarter 2012
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 Revenue
$
—

$
2,878

$
16

$
2,894

 Expense
(90
)
2,166

(36
)
2,040

 Operating Income
90

712

52

854

 
 
 
 
 
 Equity in Earnings of Subsidiaries
478

—

(478
)
—

 Interest (Expense) / Benefit
(126
)
(17
)
5

(138
)
 Other Income / (Expense) - Net
(1
)
2

4

5

 
 
 
 
 
 Earnings Before Income Taxes
441

697

(417
)
721

 Income Tax (Expense) / Benefit
14

(262
)
(18
)
(266
)
 Net Earnings
$
455

$
435

$
(435
)
$
455

 
 
 
 
 
Total Comprehensive Earnings
$
471

$
437

$
(437
)
$
471

 
 
 
 
 
Third Quarter 2011
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 Revenue
$
—

$
2,946

$
17

$
2,963

 Expense
(77
)
2,220

(58
)
2,085

 Operating Income
77

726

75

878

 
 
 
 
 
 Equity in Earnings of Subsidiaries
500

(1
)
(499
)
—

 Interest (Expense) / Benefit
(123
)
(19
)
4

(138
)
 Other Income / (Expense) - Net
—

6

—

6

 
 
 
 
 
 Earnings Before Income Taxes
454

712

(420
)
746

 Income Tax (Expense) / Benefit
10

(266
)
(26
)
(282
)
 Net Earnings
$
464

$
446

$
(446
)
$
464

 
 
 
 
 
Total Comprehensive Earnings
$
473

$
448

$
(448
)
$
473

 Consolidating Income Statements
 (Dollars in millions)
Nine Months Ended September 28, 2012
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 Revenue
$
—

$
8,823

$
49

$
8,872

 Expense
(266
)
6,587

(102
)
6,219

 Operating Income
266

2,236

151

2,653

 
 
 
 
 
 Equity in Earnings of Subsidiaries
1,512

(1
)
(1,511
)
—

 Interest (Expense) / Benefit
(381
)
(53
)
13

(421
)
 Other Income / (Expense) - Net
(3
)
6

11

14

 
 
 
 
 
 Earnings Before Income Taxes
1,394

2,188

(1,336
)
2,246

 Income Tax (Expense) / Benefit
22

(795
)
(57
)
(830
)
 Net Earnings
$
1,416

$
1,393

$
(1,393
)
$
1,416

 
 
 
 
 
Total Comprehensive Earnings
$
1,458

$
1,393

$
(1,393
)
$
1,458

 
 
 
 
 
Nine Months Ended September 30, 2011
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 Revenue
$
—

$
8,743

$
49

$
8,792

 Expense
(210
)
6,584

(159
)
6,215

 Operating Income
210

2,159

208

2,577

 
 
 
 
 
 Equity in Earnings of Subsidiaries
1,472

2

(1,474
)
—

 Interest (Expense) / Benefit
(370
)
(64
)
22

(412
)
 Other Income / (Expense) - Net
3

8

—

11

 
 
 
 
 
 Earnings Before Income Taxes
1,315

2,105

(1,244
)
2,176

 Income Tax (Expense) / Benefit
50

(782
)
(79
)
(811
)
 Net Earnings
$
1,365

$
1,323

$
(1,323
)
$
1,365

 
 
 
 
 
Total Comprehensive Earnings
$
1,398

$
1,325

$
(1,325
)
$
1,398

 
 
 
 
 
Consolidating Balance Sheet
 Consolidating Balance Sheet
 (Dollars in millions)
As of Third Quarter 2012
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 
 
 
 
 
 ASSETS
 Current Assets
 
 
 
 
 Cash and Cash Equivalents
$
458

$
153

$
82

$
693

 Short-term Investments
—

—

35

35

 Accounts Receivable - Net
1

559

603

1,163

 Receivable from Affiliates
992

1,636

(2,628
)
—

 Materials and Supplies
—

264

—

264

 Deferred Income Taxes
65

74

(5
)
134

 Other Current Assets
14

78

12

104

   Total Current Assets
1,530

2,764

(1,901
)
2,393

 
 
 
 
 
 Properties
8

33,146

1,866

35,020

 Accumulated Depreciation
(8
)
(8,106
)
(974
)
(9,088
)
 Properties - Net
—

25,040

892

25,932

 
 
 
 
 
 Investments in Conrail
—

—

693

693

 Affiliates and Other Companies
(39
)
584

(43
)
502

 Investments in Consolidated Subsidiaries
18,515

—

(18,515
)
—

 Other Long-term Assets
172

300

(62
)
410

   Total Assets
$
20,178

$
28,688

$
(18,936
)
$
29,930

 
 
 
 
 
 LIABILITIES AND SHAREHOLDERS' EQUITY
 Current Liabilities
 
 
 
 
 Accounts Payable
$
150

$
1,004

$
43

$
1,197

 Labor and Fringe Benefits Payable
36

345

35

416

 Payable to Affiliates
2,488

364

(2,852
)
—

 Casualty, Environmental and Other Reserves
—

153

16

169

 Current Maturities of Long-term Debt
700

105

1

806

 Income and Other Taxes Payable
(40
)
308

(7
)
261

 Other Current Liabilities
(1
)
172

1

172

   Total Current Liabilities
3,333

2,451

(2,763
)
3,021

 
 
 
 
 
 Casualty, Environmental and Other Reserves
—

247

72

319

 Long-term Debt
7,208

1,049

—

8,257

 Deferred Income Taxes
(149
)
8,067

100

8,018

 Other Long-term Liabilities
770

605

(91
)
1,284

   Total Liabilities
$
11,162

$
12,419

$
(2,682
)
$
20,899

 
 
 
 
 
 Shareholders' Equity
 
 
 
 
 Common Stock, $1 Par Value
$
1,031

$
181

$
(181
)
$
1,031

 Other Capital
20

5,669

(5,669
)
20

 Retained Earnings
8,798

10,475

(10,475
)
8,798

 Accumulated Other Comprehensive Loss
(833
)
(79
)
79

(833
)
 Noncontrolling Interest
—

23

(8
)
15

 Total Shareholders' Equity
$
9,016

$
16,269

$
(16,254
)
$
9,031

 Total Liabilities and Shareholders' Equity
$
20,178

$
28,688

$
(18,936
)
$
29,930

Consolidating Balance Sheet
(Dollars in millions)
As of December 2011
 CSX Corporation
 CSX Transportation
Eliminations and Other
 Consolidated
 ASSETS
 Current Assets
 
 
 
 
 Cash and Cash Equivalents
$
549

$
154

$
80

$
783

 Short-term Investments
475

—

48

523

 Accounts Receivable - Net
4

468

657

1,129

 Receivable from Affiliates
1,025

1,772

(2,797
)
—

 Materials and Supplies
—

240

—

240

 Deferred Income Taxes
10

173

(1
)
182

 Other Current Assets
17

64

(3
)
78

   Total Current Assets
2,080

2,871

(2,016
)
2,935

 
 
 
 
 
 Properties
8

31,958

1,738

33,704

 Accumulated Depreciation
(8
)
(7,795
)
(927
)
(8,730
)
 Properties - Net
—

24,163

811

24,974

 
 
 
 
 
 Investments in Conrail
—

—

678

678

 Affiliates and Other Companies
(39
)
574

(42
)
493

 Investment in Consolidated Subsidiaries
17,519

—

(17,519
)
—

 Other Long-term Assets
176

109

108

393

   Total Assets
$
19,736

$
27,717

$
(17,980
)
$
29,473

 
 
 
 
 
 LIABILITIES AND SHAREHOLDERS' EQUITY
 Current Liabilities
 
 
 
 
 Accounts Payable
$
114

$
978

$
55

$
1,147

 Labor and Fringe Benefits Payable
41

458

42

541

 Payable to Affiliates
2,566

374

(2,940
)
—

 Casualty, Environmental and Other Reserves
—

151

16

167

 Current Maturities of Long-term Debt
400

105

2

507

 Income and Other Taxes Payable
(60
)
189

—

129

 Other Current Liabilities
(1
)
194

3

196

   Total Current Liabilities
3,060

2,449

(2,822
)
2,687

 
 
 
 
 
 Casualty, Environmental and Other Reserves
—

284

68

352

 Long-term Debt
7,609

1,124

1

8,734

 Deferred Income Taxes
(246
)
7,800

47

7,601

 Other Long-term Liabilities
858

667

106

1,631

   Total Liabilities
$
11,281

$
12,324

$
(2,600
)
$
21,005

 
 
 
 
 
 Shareholders' Equity
 
 
 
 
 Common Stock, $1 Par Value
$
1,049

$
181

$
(181
)
$
1,049

 Other Capital
6

5,652

(5,652
)
6

 Retained Earnings
8,275

9,618

(9,618
)
8,275

 Accumulated Other Comprehensive Loss
(875
)
(79
)
79

(875
)
 Noncontrolling Minority Interest
—

21

(8
)
13

   Total Shareholders' Equity
$
8,455

$
15,393

$
(15,380
)
$
8,468

   Total Liabilities and Shareholders' Equity
$
19,736

$
27,717

$
(17,980
)
$
29,473
Consolidating Cash Flow Statements
Consolidating Cash Flow Statements
(Dollars in millions)
Nine months ended September 28, 2012
CSX
Corporation
CSX
Transportation
Eliminations and Other
Consolidated
Operating Activities
 
 
 
 
Net Cash Provided by (Used in) Operating Activities
$
429

$
2,202

$
(327
)
$
2,304

Investing Activities
 

 
 
Property Additions
—

(1,669
)
(161
)
(1,830
)
Purchases of Short-term Investments
(50
)
—

(28
)
(78
)
Proceeds from Sales of Short-term Investments
525

—

48

573

Other Investing Activities
(6
)
78

(62
)
10

Net Cash Provided by (Used in) Investing Activities
469

(1,591
)
(203
)
(1,325
)
Financing Activities
 
 
 
 
Long-term Debt Issued
300

—

—

300

Long-term Debt Repaid
(400
)
(79
)
(2
)
(481
)
Dividends Paid
(415
)
(536
)
536

(415
)
Stock Options Exercised
11

—

—

11

Shares Repurchased
(500
)
—

—

(500
)
Other Financing Activities
15

3

(2
)
16

Net Cash Provided by (Used in) Financing Activities
(989
)
(612
)
532

(1,069
)
Net Increase (Decrease) in Cash and Cash Equivalents
(91
)
(1
)
2

(90
)
Cash and Cash Equivalents at Beginning of Period
549

154

80

783

Cash and Cash Equivalents at End of Period
$
458

$
153

$
82

$
693



NOTE 11.    Summarized Consolidating Financial Data, continued

Consolidating Cash Flow Statements
(Dollars in millions)
Nine months ended September 30, 2011
 CSX
Corporation
CSX
Transportation
Eliminations and Other
Consolidated
Operating Activities
 
 
 
 
Net Cash Provided by (Used in) Operating Activities
$
1,054

$
2,014

$
(483
)
$
2,585

Investing Activities
 
 
 
 
Property Additions
—

(1,285
)
(151
)
(1,436
)
Purchases of Short-term Investments
—

—

(14
)
(14
)
Proceeds from Sales of Short-term Investments
—

—

66

66

Other Investing Activities
(19
)
(90
)
92

(17
)
Net Cash Provided by (Used in) Investing Activities
(19
)
(1,375
)
(7
)
(1,401
)
Financing Activities
 
 
 
 
Long-term Debt Issued
600

—

—

600

Long-term Debt Repaid
(507
)
(86
)
(2
)
(595
)
Dividends Paid
(354
)
(510
)
510

(354
)
Stock Options Exercised
27

—

—

27

Shares Repurchased
(1,564
)
—

—

(1,564
)
Other Financing Activities
30

(21
)
(19
)
(10
)
Net Cash Provided by (Used in) Financing Activities
(1,768
)
(617
)
489

(1,896
)
Net Increase (Decrease) in Cash and Cash Equivalents
(733
)
22

(1
)
(712
)
Cash and Cash Equivalents at Beginning of Period
1,100

118

74

1,292

Cash and Cash Equivalents at End of Period
$
367

$
140

$
73

$
580