Related Party Transactions (Tables)

12 Months Ended

Dec. 28, 2012

At December 2012, minimum rentals on land, buildings, track, equipment and commitments for vessels (utilized in a shipping business formerly owned by CSX) under operating leases are disclosed in the table below. Also, payments to Conrail, Inc. ("Conrail") for leases on equipment and shared rail infrastructure are included in these amounts. (See Note 12, Related Party Transactions).



(Dollars in Millions)
	Operating		Sublease			Net Lease
Years	Leases		Income			Commitments
2013	$	103	$	(32	)	$	71
2014	115		(19		)	96
2015	60		—			60
2016	57		—			57
2017	52		—			52
Thereafter	302		—			302
Total	$	689	$	(51	)	$	638

The following table details the related Conrail amounts included in materials, supplies and other in the Company’s consolidated income statements:



	Fiscal Years
(Dollars in Millions)	2012			2011			2010
Rents, Fees and Services	$	139		$	111		$	112
Purchase Price Amortization and Other	4			4			4
Equity in Income of Conrail	(26		)	(24		)	(21		)
Total Conrail Rents, Fees and Services	$	117		$	91		$	95

Schedule of executed promissory notes with Conrail subsidiary

As required by the Related Party Disclosures Topic in the ASC, the Company has identified amounts below owed to Conrail, or its subsidiaries, representing liabilities under the operating, equipment and shared area agreements with Conrail. The Company also executed two promissory notes with a subsidiary of Conrail which were included in long-term debt on the consolidated balance sheets.



	December		December
(Dollars in Millions)	2012		2011
Balance Sheet Information:
CSX Payable to Conrail ^(a)	$	175	$	143
Promissory Notes Payable to Conrail Subsidiary^(b)
4.40% CSX Promissory Note due October 2035	$	73	$	73
4.52% CSXT Promissory Note due March 2035	$	23	$	23

(a) CSX Payable to Conrail is included on the consolidated balance sheet of CSX as accounts payable because it is short term in nature.

(b) Promissory notes payable to Conrail are included on the consolidated balance sheet of CSX as long-term debt.

Corporate Joint Venture [Member]

Future minimum lease payments

Future minimum lease payments due to Conrail under the shared asset area agreements are as follows:



(Dollars in Millions)	Conrail Shared
Years	Asset Agreement
2013	$	24
2014	24
2015	24
2016	24
2017	24
Thereafter	162
Total	$	282