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Summarized Consolidating Financial Data (Tables)
 6 Months Ended
Jun. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Consolidating Income Statements
 Consolidating Income Statements
 (Dollars in millions)
Second Quarter 2017
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 Revenue
$
—

$
2,914

$
19

$
2,933

 Expense
6

2,025

(56
)
1,975

 Operating Income
(6
)
889

75

958

 
 
 
 
 
 Equity in Earnings of Subsidiaries
612

—

(612
)
—

 Interest (Expense) / Benefit
(143
)
(8
)
14

(137
)
 Other Income / (Expense) - Net
2

8

(4
)
6

 
 
 
 
 
 Earnings Before Income Taxes
465

889

(527
)
827

 Income Tax Benefit / (Expense)
45

(332
)
(30
)
(317
)
 Net Earnings
$
510

$
557

$
(557
)
$
510

 
 
 
 
 
Total Comprehensive Earnings
$
575

$
558

$
(558
)
$
575

 
 
 
 
 
Second Quarter 2016
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 Revenue
$
—

$
2,685

$
19

$
2,704

 Expense
(67
)
1,961

(30
)
1,864

 Operating Income
67

724

49

840

 
 
 
 
 
 Equity in Earnings of Subsidiaries
493

—

(493
)
—

 Interest (Expense) / Benefit
(141
)
(10
)
10

(141
)
 Other Income / (Expense) - Net
—

8

—

8

 
 
 
 
 
 Earnings Before Income Taxes
419

722

(434
)
707

 Income Tax (Expense) / Benefit
26

(269
)
(19
)
(262
)
 Net Earnings
$
445

$
453

$
(453
)
$
445

 
 
 
 
 
Total Comprehensive Earnings
$
454

$
454

$
(454
)
$
454

 Consolidating Income Statements
 (Dollars in millions)
Six Months 2017
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 Revenue
$
—

$
5,765

$
37

$
5,802

 Expense
(42
)
4,253

(79
)
4,132

 Operating Income
42

1,512

116

1,670

 
 
 
 
 
 Equity in Earnings of Subsidiaries
1,034

—

(1,034
)
—

 Interest (Expense) / Benefit
(285
)
(18
)
29

(274
)
 Other Income / (Expense) - Net
5

19

(11
)
13

 
 
 
 
 
 Earnings Before Income Taxes
796

1,513

(900
)
1,409

 Income Tax (Expense) / Benefit
76

(567
)
(46
)
(537
)
 Net Earnings
$
872

$
946

$
(946
)
$
872

 
 
 
 
 
Total Comprehensive Earnings
$
943

$
945

$
(945
)
$
943

 
 
 
 
 
Six Months 2016
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 Revenue
$
—

$
5,283

$
39

$
5,322

 Expense
(139
)
4,025

(108
)
3,778

 Operating Income
139

1,258

147

1,544

 
 
 
 
 
 Equity in Earnings of Subsidiaries
894

—

(894
)
—

 Interest (Expense) / Benefit
(284
)
(20
)
20

(284
)
 Other Income / (Expense) - Net
1

15

(1
)
15

 
 
 
 
 
 Earnings Before Income Taxes
750

1,253

(728
)
1,275

 Income Tax (Expense) / Benefit
51

(467
)
(58
)
(474
)
 Net Earnings
$
801

$
786

$
(786
)
$
801

 
 
 
 
 
Total Comprehensive Earnings
$
817

$
786

$
(786
)
$
817

 
 
 
 
 
Consolidating Balance Sheet
 Consolidating Balance Sheet
 (Dollars in millions)
June 30, 2017
 CSX Corporation
 CSX Transportation
 Eliminations and Other
 Consolidated
 
 
 
 
 
ASSETS
 Current Assets
 
 
 
 
 Cash and Cash Equivalents
$
483

$
128

$
9

$
620

 Short-term Investments
465

—

12

477

 Accounts Receivable - Net
1

292

722

1,015

 Receivable from Affiliates
1,158

2,811

(3,969
)
—

 Materials and Supplies
—

428

—

428

 Other Current Assets
2

72

16

90

   Total Current Assets
2,109

3,731

(3,210
)
2,630

 
 
 
 
 
 Properties
1

40,979

2,771

43,751

 Accumulated Depreciation
(1
)
(10,824
)
(1,499
)
(12,324
)
 Properties - Net
—

30,155

1,272

31,427

 
 
 
 
 
 Investments in Conrail
—

—

856

856

 Affiliates and Other Companies
(39
)
655

15

631

 Investments in Consolidated Subsidiaries
24,899

—

(24,899
)
—

 Other Long-term Assets
9

596

(288
)
317

   Total Assets
$
26,978

$
35,137

$
(26,254
)
$
35,861

 
 
 
 
 
LIABILITIES AND SHAREHOLDERS' EQUITY
 
 
 Current Liabilities
 
 
 
 
 Accounts Payable
$
100

$
669

$
41

$
810

 Labor and Fringe Benefits Payable
70

396

40

506

 Payable to Affiliates
3,998

495

(4,493
)
—

 Casualty, Environmental and Other Reserves
—

102

13

115

 Current Maturities of Long-term Debt
—

19

—

19

 Income and Other Taxes Payable
(387
)
449

33

95

 Other Current Liabilities
(1
)
123

5

127

   Total Current Liabilities
3,780

2,253

(4,361
)
1,672

 
 
 
 
 
 Casualty, Environmental and Other Reserves
—

200

48

248

 Long-term Debt
11,050

756

—

11,806

 Deferred Income Taxes - Net
(169
)
9,633

273

9,737

 Other Long-term Liabilities
730

386

(319
)
797

   Total Liabilities
$
15,391

$
13,228

$
(4,359
)
$
24,260

 
 
 
 
 
 Shareholders' Equity
 
 
 
 
 Common Stock, $1 Par Value
$
913

$
181

$
(181
)
$
913

 Other Capital
210

5,095

(5,095
)
210

 Retained Earnings
11,033

16,639

(16,639
)
11,033

 Accumulated Other Comprehensive Loss
(569
)
(20
)
20

(569
)
 Noncontrolling Interest
—

14

—

14

 Total Shareholders' Equity
$
11,587

$
21,909

$
(21,895
)
$
11,601

 Total Liabilities and Shareholders' Equity
$
26,978

$
35,137

$
(26,254
)
$
35,861

Consolidating Balance Sheet
(Dollars in millions)
December 30, 2016
 CSX Corporation
 CSX Transportation
Eliminations and Other
 Consolidated
ASSETS
 Current Assets
 
 
 
 
 Cash and Cash Equivalents
$
305

$
281

$
17

$
603

 Short-term Investments
415

—

2

417

 Accounts Receivable - Net
2

215

721

938

 Receivable from Affiliates
1,157

2,351

(3,508
)
—

 Materials and Supplies
—

407

—

407

 Other Current Assets
—

106

16

122

   Total Current Assets
1,879

3,360

(2,752
)
2,487

 
 
 
 
 
 Properties
1

40,518

2,708

43,227

 Accumulated Depreciation
(1
)
(10,634
)
(1,442
)
(12,077
)
 Properties - Net
—

29,884

1,266

31,150

 
 
 
 
 
 Investments in Conrail
—

—

840

840

 Affiliates and Other Companies
(39
)
643

15

619

 Investment in Consolidated Subsidiaries
24,179

—

(24,179
)
—

 Other Long-term Assets
2

607

(291
)
318

   Total Assets
$
26,021

$
34,494

$
(25,101
)
$
35,414

 
 
 
 
 
LIABILITIES AND SHAREHOLDERS' EQUITY
 
 
 Current Liabilities
 
 
 
 
 Accounts Payable
$
95

$
678

$
33

$
806

 Labor and Fringe Benefits Payable
40

440

65

545

 Payable to Affiliates
3,457

500

(3,957
)
—

 Casualty, Environmental and Other Reserves
—

102

13

115

 Current Maturities of Long-term Debt
313

19

(1
)
331

 Income and Other Taxes Payable
(346
)
459

16

129

 Other Current Liabilities
—

112

2

114

   Total Current Liabilities
3,559

2,310

(3,829
)
2,040

 
 
 
 
 
 Casualty, Environmental and Other Reserves
—

208

51

259

 Long-term Debt
10,203

759

—

10,962

 Deferred Income Taxes - Net
(203
)
9,541

258

9,596

 Other Long-term Liabilities
783

410

(330
)
863

   Total Liabilities
$
14,342

$
13,228

$
(3,850
)
$
23,720

 
 
 
 
 
 Shareholders' Equity
 
 
 
 
 Common Stock, $1 Par Value
$
928

$
181

$
(181
)
$
928

 Other Capital
138

5,095

(5,095
)
138

 Retained Earnings
11,253

15,994

(15,994
)
11,253

 Accumulated Other Comprehensive Loss
(640
)
(19
)
19

(640
)
 Noncontrolling Minority Interest
—

15

—

15

   Total Shareholders' Equity
$
11,679

$
21,266

$
(21,251
)
$
11,694

   Total Liabilities and Shareholders' Equity
$
26,021

$
34,494

$
(25,101
)
$
35,414
Consolidating Cash Flow Statements
Consolidating Cash Flow Statements
(Dollars in millions)
Six Months 2017
CSX
Corporation
CSX
Transportation
Eliminations and Other
Consolidated
Operating Activities
 
 
 
 
Net Cash Provided by (Used in) Operating Activities
$
814

$
973

$
(221
)
$
1,566

Investing Activities
 

 
 
Property Additions
—

(873
)
(82
)
(955
)
Purchases of Short-term Investments
(539
)
—

(6
)
(545
)
Proceeds from Sales of Short-term Investments
490

—

2

492

Other Investing Activities
(2
)
51

(8
)
41

Net Cash Provided by (Used in) Investing Activities
(51
)
(822
)
(94
)
(967
)
Financing Activities
 
 
 
 
Long-term Debt Issued
850

—

—

850

Long-term Debt Repaid
(313
)
—

—

(313
)
Dividends Paid
(350
)
(300
)
300

(350
)
Shares Repurchased
(757
)
—

—

(757
)
Other Financing Activities
(15
)
(4
)
7

(12
)
Net Cash Provided by (Used in) Financing Activities
(585
)
(304
)
307

(582
)
Net Increase (Decrease) in Cash and Cash Equivalents
178

(153
)
(8
)
17

Cash and Cash Equivalents at Beginning of Period
305

281

17

603

Cash and Cash Equivalents at End of Period
$
483

$
128

$
9

$
620



NOTE 11.    Summarized Consolidating Financial Data, continued

Consolidating Cash Flow Statements
(Dollars in millions)
Six Months 2016
 CSX
Corporation
CSX
Transportation
Eliminations and Other
Consolidated
Operating Activities
 
 
 
 
Net Cash Provided by (Used in) Operating Activities
$
295

$
1,449

$
(152
)
$
1,592

Investing Activities
 
 
 
 
Property Additions
—

(994
)
(72
)
(1,066
)
Purchases of Short-term Investments
(260
)
—

—

(260
)
Proceeds from Sales of Short-term Investments
810

—

—

810

Other Investing Activities
(2
)
104

(67
)
35

Net Cash Provided by (Used in) Investing Activities
548

(890
)
(139
)
(481
)
Financing Activities
 
 
 
 
Dividends Paid
(344
)
(300
)
300

(344
)
Shares Repurchased
(515
)
—

—

(515
)
Other Financing Activities
(8
)
(307
)
1

(314
)
Net Cash Provided by (Used in) Financing Activities
(867
)
(607
)
301

(1,173
)
Net Increase (Decrease) in Cash and Cash Equivalents
(24
)
(48
)
10

(62
)
Cash and Cash Equivalents at Beginning of Period
444

175

9

628

Cash and Cash Equivalents at End of Period
$
420

$
127

$
19

$
566