Related Parties and Affiliates (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Minimum Rentals and Commitments under Operating Leases

At December 2017, minimum rentals on land, buildings, track and equipment under operating leases are disclosed in the table below. Also, payments to Conrail for leases on 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
2018	$	68	$	(3	)	$	65
2019	64		(3		)	61
2020	50		(3		)	47
2021	45		(3		)	42
2022	41		(3		)	38
Thereafter	128		(6		)	122
Total	$	396	$	(21	)	$	375

Corporate Joint Venture

Schedule of Minimum Rentals and Commitments under Operating Leases

Future minimum lease payments due to Conrail under the shared asset area agreements are shown in the table below.



(Dollars in Millions)	Conrail Shared
Years	Asset Agreement
2018	$	27
2019	27
2020	27
2021	27
2022	27
Thereafter	48
Total	$	183

The following table discloses amounts related to Conrail. Purchase price amortization and equity earnings are included in equity earnings of affiliates and all other amounts in the table are included in materials, supplies and other expenses on the Company’s consolidated income statements.



	Fiscal Years
(Dollars in Millions)	2017			2016			2015
Rents, fees and services	$	120		$	114		$	123
Purchase price amortization and other	4			4			4
Equity earnings of Conrail	(58		)	(37		)	(33		)
Total Conrail Expense	$	66		$	81		$	94

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. In 2014, the Company also executed two promissory notes with a subsidiary of Conrail which were included in long-term debt on the consolidated balance sheets. Interest expense from these promissory notes was $6 million for 2017, 2016 and 2015, respectively.



	December		December
(Dollars in Millions)	2017		2016
Balance Sheet Information:
CSX payable to Conrail	$	123	$	91
Promissory notes payable to Conrail subsidiary
2.89% CSX promissory note due October 2044	73		73
2.89% CSXT promissory note due October 2044	151		151

TTX Company

As required by the Related Party Disclosures Topic in the ASC, the following table discloses amounts related to TTX. Car hire rents are included in equipment and other rents expense and equity earnings are included in equity earnings of affiliates in the Company’s consolidated income statements. Also included below is balance sheet information related to CSX's payable to TTX, which represents car rental liabilities.



	Fiscal Years
(Dollars in Millions)	2017			2016			2015
Income statement information:
Car hire rents	$	237		$	233		$	218
Equity earnings of TTX	(157		)	(26		)	(20		)
Total TTX expense	$	80		$	207		$	198



	December		December
Balance sheet information:	2017		2016
CSX payable to TTX	$	43	$	47