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Properties (Tables)
12 Months Ended
Dec. 27, 2013
Property, Plant and Equipment [Abstract]  
Schedule of net properties
A detail of the Company’s net properties are as follows:

(Dollars in Millions)
 
 
 
Accumulated
 
Net Book
 
Annual Depreciation
 
Depreciation
 
Estimated Useful
December 2013
 
Cost
 
Depreciation
 
Value
 
Rate
 
Method
 
Life
Road
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rail and Other Track Material
 
$
6,452

 
$
(1,270
)
 
$
5,182

 
2.9%
 
Group Life
 
 
 
 
Ties
 
4,534

 
(947
)
 
3,587

 
4.0%
 
Group Life
 
 
 
 
Grading
 
2,425

 
(448
)
 
1,977

 
1.5%
 
Group Life
 
 
 
 
Ballast
 
2,612

 
(645
)
 
1,967

 
2.8%
 
Group Life
 
 
 
 
Bridges, Trestles, and Culverts
 
2,008

 
(250
)
 
1,758

 
1.6%
 
Group Life
 
 
 
 
Signals and Interlockers
 
1,922

 
(291
)
 
1,631

 
3.4%
 
Group Life
 
 
 
 
Buildings
 
1,011

 
(355
)
 
656

 
2.5%
 
Group Life
 
 
 
 
Other
 
3,654

 
(1,386
)
 
2,268

 
4.7%
 
Group Life
 
 
Total Road
 
24,618

 
(5,592
)
 
19,026

 
 
 
 
 
6-80 Years
Equipment
 
 

 
 
 
 
 
 
 
 
 
 
 
 
Locomotive
 
4,987

 
(2,176
)
 
2,811

 
3.6%
 
Group Life
 
 
 
 
Freight Cars
 
3,111

 
(1,135
)
 
1,976

 
3.1%
 
Group Life
 
 
 
 
Work Equipment and Other
 
1,666

 
(914
)
 
752

 
7.1%
 
Group Life
 
 
Total Equipment
 
9,764

 
(4,225
)
 
5,539

 
 
 
 
 
5-38 Years
Land
 
 
 
1,842

 

 
1,842

 
N/A
 
N/A
 
N/A
Construction In Progress
 
854

 

 
854

 
N/A
 
N/A
 
N/A
Other
 
 
 
106

 
(76
)
 
30

 
N/A
 
Straight Line
 
4-30 Years
Total Properties
 
$
37,184

 
$
(9,893
)
 
$
27,291

 
 
 
 
 
 



NOTE 6.  Properties, continued

(Dollars in Millions)
 
 
 
Accumulated
 
Net Book
 
Annual Depreciation
 
Depreciation
 
Estimated Useful
December 2012
 
Cost
 
Depreciation
 
Value
 
Rate
 
Method
 
Life
Road
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Rail and Other Track Material
 
$
6,177

 
$
(1,131
)
 
$
5,046

 
2.9%
 
Group Life
 
 
 
 
Ties
 
4,287

 
(861
)
 
3,426

 
4.0%
 
Group Life
 
 
 
 
Grading
 
2,407

 
(414
)
 
1,993

 
1.5%
 
Group Life
 
 
 
 
Ballast
 
2,528

 
(624
)
 
1,904

 
2.8%
 
Group Life
 
 
 
 
Bridges, Trestles, and Culverts
 
1,962

 
(224
)
 
1,738

 
1.6%
 
Group Life
 
 
 
 
Signals and Interlockers
 
1,787

 
(302
)
 
1,485

 
3.4%
 
Group Life
 
 
 
 
Buildings
 
926

 
(316
)
 
610

 
2.5%
 
Group Life
 
 
 
 
Other
 
3,345

 
(1,281
)
 
2,064

 
4.7%
 
Group Life
 
 
Total Road
 
23,419

 
(5,153
)
 
18,266

 
 
 
 
 
6-80 Years
Equipment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Locomotive
 
4,747

 
(2,079
)
 
2,668

 
3.6%
 
Group Life
 
 
 
 
Freight Cars
 
3,088

 
(1,119
)
 
1,969

 
3.1%
 
Group Life
 
 
 
 
Work Equipment and Other
 
1,466

 
(810
)
 
656

 
7.1%
 
Group Life
 
 
Total Equipment
 
9,301

 
(4,008
)
 
5,293

 
 
 
 
 
5-38 Years
Land
 
 
 
1,745

 

 
1,745

 
N/A
 
N/A
 
N/A
Construction In Progress
 
602

 

 
602

 
N/A
 
N/A
 
N/A
Other
 
 
 
212

 
(68
)
 
144

 
N/A
 
Straight Line
 
4-30 Years
Total Properties
 
$
35,279

 
$
(9,229
)
 
$
26,050

 
 
 
 
 
 

Schedule of deferred gain on sale of real estate
The deferred gain balance included in the consolidated balance sheets is in the table below.

 
Deferred gain as of
(Dollars in Millions)
December 2013
December 2012
Current portion, included in Other Current Liabilities
$
9

$
43

Long term portion, included in Other Long-Term Liabilities


9

Total
$
9

$
52