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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 28, 2012
Dec. 30, 2011
Sep. 30, 2011
Dec. 31, 2010
Current Assets        
Cash and Cash Equivalents $ 693 $ 783 $ 580 $ 1,292
Short-term Investments 35 523    
Accounts Receivable - Net (Note 1) 1,163 1,129    
Materials and Supplies 264 240    
Deferred Income Taxes 134 182    
Other Current Assets 104 78    
Total Current Assets 2,393 2,935    
Properties 35,020 33,704    
Accumulated Depreciation (9,088) (8,730)    
Properties - Net 25,932 24,974    
Other Long-term Assets 410 393    
Total Assets 29,930 29,473    
Current Liabilities        
Accounts Payable 1,197 1,147    
Labor and Fringe Benefits Payable 416 541    
Casualty, Environmental and Other Reserves (Note 4) 169 167    
Current Maturities of Long-term Debt (Note 7) 806 507    
Income and Other Taxes Payable 261 129    
Other Current Liabilities 172 196    
Total Current Liabilities 3,021 2,687    
Casualty, Environmental and Other Reserves (Note 4) 319 352    
Long-term Debt (Note 7) 8,257 8,734    
Deferred Income Taxes 8,018 7,601    
Other Long-term Liabilities 1,284 1,631    
Total Liabilities 20,899 21,005    
Common Stock $1 Par Value 1,031 1,049    
Other Capital 20 6    
Retained Earnings 8,798 8,275    
Accumulated Other Comprehensive Loss (Note 1) (833) (875)    
Noncontrolling Interest 15 13    
Total Shareholders' Equity 9,031 8,468    
Total Liabilities and Shareholders' Equity 29,930 29,473    
Investments in Conrail [Member]
       
Current Assets        
Investment in Affiliates and Joint Ventures 693 678    
Affiliates and Other Companies [Member]
       
Current Assets        
Investment in Affiliates and Joint Ventures $ 502 $ 493