CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 24, 2016	Dec. 25, 2015	Jun. 26, 2015	Dec. 26, 2014
Current Assets:
Cash and Cash Equivalents	$ 566	$ 628	$ 438	$ 669
Short-term Investments	262	810
Accounts Receivable - Net	912	982
Materials and Supplies	399	350
Other Current Assets	89	70
Total Current Assets	2,228	2,840
Properties	42,345	41,574
Accumulated Depreciation	(11,738)	(11,400)
Properties - Net	30,607	30,174
Other Long-term Assets	302	337
Total Assets	34,550	34,745
Current Liabilities:
Accounts Payable	766	764
Labor and Fringe Benefits Payable	464	490
Casualty, Environmental and Other Reserves	133	131
Current Maturities of Long-term Debt	632	20
Income and Other Taxes Payable	137	108
Other Current Liabilities	150	439
Total Current Liabilities	2,282	1,952
Casualty, Environmental and Other Reserves	246	269
Long-term Debt	9,905	10,515
Deferred Income Taxes - Net	9,355	9,179
Other Long-term Liabilities	1,137	1,162
Total Liabilities	22,925	23,077
Shareholders' Equity:
Common Stock, $1 Par Value	946	966
Other Capital	116	113
Retained Earnings	11,199	11,238
Accumulated Other Comprehensive Loss	(649)	(665)
Noncontrolling Interest	13	16
Total Shareholders' Equity	11,625	11,668
Total Liabilities and Shareholders' Equity	34,550	34,745
Investments in Conrail
Current Assets:
Investment in Affiliates and Consolidated Subsidiaries	818	803
Affiliates and Other Companies
Current Assets:
Investment in Affiliates and Consolidated Subsidiaries	$ 595	$ 591