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Stock Plans and Share-Based Compensation (Tables)
12 Months Ended
Dec. 28, 2012
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)
 
2012
 
2011
 
2010
Share-Based Compensation Expense
 
$
14

 
$
30

 
$
62

Income Tax Benefit
 
$
5

 
$
11

 
$
24


Schedule of stock option activity
A summary of CSX's stock option activity and related information for the fiscal years 2012, 2011 and 2010 is as follows:
 
 
Fiscal Years
 
 
2012
 
2011
 
2010
 
 
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
 
4,145

 
$
5.64

 
9,111

 
$
5.82

 
16,233

 
$
5.87

Expired or Cancelled
 
(15
)
 
$
6.36

 
(27
)
 
$
6.44

 
(6
)
 
$
6.10

Exercised
 
(2,458
)
 
$
5.83

 
(4,939
)
 
$
5.96

 
(7,116
)
 
$
5.93

 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding & Exercisable at End of Year
 
1,672

 
$
5.36

 
4,145

 
$
5.64

 
9,111

 
$
5.82

Schedule of stock options outstanding
The following table summarizes information about stock options outstanding at December 2012:
 
 
 
 
Number
Outstanding
 
Weighted-
Average
Remaining
Contractual
 
Weighted-
Average
Exercise
 
Aggregate
Intrinsic
Value
Exercise Price
(Thousands)
 
Life
 
Price
 
(Millions)
$
5

to
$
10

 
1,672

 
4 months
 
$
5.36

 
$
24

Schedule of outstanding restricted stock awards
The following table provides information about outstanding restricted stock units and awards combined.  As of December 2012, unrecognized compensation expense for these awards and units was approximately $14 million, which will be expensed over a weighted-average remaining period of two years.
 
 
Fiscal Years
 
 
2012
 
2011
 
2010
Restricted Stock Units and Awards Outstanding (Thousands)(a)
 
1,353

 
1,572

 
1,173

Weighted-Average Fair Value at Grant Date
 
$
21.38

 
$
16.91

 
$
13.67

Restricted Stock Units and Awards Expense (Millions)(a)
 
9

 
7

 
4

Unvested Restricted Stock Units and Awards Outstanding (Thousands)
 
629

 
678

 
702

Weighted-Average Fair Value of Unvested Units and Awards Outstanding
 
$
22.48

 
$
20.93

 
$
14.69


(a)  Time-based restricted stock units were granted to key members of management and executives under the respective Long-term Incentive Plans in the amount of 433,000, 361,000, and 402,000 in 2012, 2011, and 2010, respectively, as described below.  These units vest over three years, therefore only a partial amount of expense was recognized in 2012, 2011, and 2010, respectively.

Schedule of target units granted and weighted-average fair value calculations
The restricted stock units and expenses are included in the information as shown in the table above.
 
 
LTIP Plan (Plan Ended In)
 
 
2012
 
2013
 
2014
Number of target units outstanding (Thousands)(a)
 
1,182

 
1,079

 
1,311

Weighted-average fair value at grant date (a)
 
$
18.27

 
$
25.67

 
$
21.98

Payout Range
 
0% - 200%
 
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)
Weighted-Average Fair Value at Grant Date
(Units Outstanding, in Thousands)
2012
 
2013
 
2014
Unvested at December 31, 2010
1,103

 

 

$
17.94

Granted in 2011
41

 
1,111

 

25.02

Forfeited in 2011

 
(97
)
 

(25.71
)
Unvested at December 30, 2011
1,144

 
1,014

 

22.05

 
 

 
 

 
 

 
Granted in 2012
38

 
65

 
1,325

21.80

Forfeited in 2012

 

 
(14
)
(22.08
)
Vested at December 28, 2012
1,182

 

 

18.27

Unvested at December 28, 2012

 
1,079

 
1,311

$
23.84

Schedule of shares issued to directors
 The following table provides information about shares issued to directors.
 
 
Fiscal Years
 
 
2012
 
2011
 
2010
Shares Issued to Directors (Thousands)
 
102

 
93

 
114

Expense (Millions)
 
$
2

 
$
2

 
$
2

Weighted Average Grant Date Stock Price
 
$
21.92

 
$
23.46

 
$
15.16