CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 25, 2015	Dec. 26, 2014	Dec. 27, 2013	Dec. 28, 2012
Current Assets:
Cash and Cash Equivalents	$ 628	$ 669	$ 592	$ 784
Short-term Investments	810	292
Accounts Receivable - Net	982	1,129
Materials and Supplies	350	273
Deferred Income Taxes	126	141
Other Current Assets	70	68
Total Current Assets	2,966	2,572
Noncurrent Assets
Properties	41,574	39,343
Accumulated Depreciation	(11,400)	(10,759)
Properties - Net	30,174	28,584
Other Long-term Assets	505	541
Total Assets	35,039	33,053
Current Liabilities:
Accounts Payable	764	845
Labor and Fringe Benefits Payable	490	613
Casualty, Environmental and Other Reserves	131	142
Current Maturities of Long-term Debt	20	228
Income and Other Taxes Payable	108	163
Other Current Liabilities	439	116
Total Current Liabilities	1,952	2,107
Noncurrent Liabilities
Casualty, Environmental and Other Reserves	269	276
Long-term Debt	10,683	9,514
Deferred Income Taxes	9,305	8,858
Other Long-term Liabilities	1,162	1,122
Total Liabilities	23,371	21,877
Shareholders' Equity:
Common Stock, $1 Par Value	966	992
Other Capital	113	92
Retained Earnings	11,238	10,734
Accumulated Other Comprehensive Loss	(665)	(666)	(523)	(936)
Noncontrolling Minority Interest	16	24
Total Shareholders' Equity	11,668	11,176	$ 10,504	$ 9,136
Total Liabilities and Shareholders' Equity	35,039	33,053
Investments in Conrail
Noncurrent Assets
Investment in Affiliates, Subsidiaries and Other	803	779
Affiliates and Other Companies
Noncurrent Assets
Investment in Affiliates, Subsidiaries and Other	$ 591	$ 577