Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic earnings per share and earnings per share, assuming dilution:

	Fiscal Years
	2018			2017			2016
Numerator (Dollars in Millions):
Net Earnings	$	3,309		$	5,471		$	1,714
Dividend Equivalents on Restricted Stock	(1		)	(1		)	(1		)
Net Earnings, Attributable to Common Shareholders	$	3,308		$	5,470		$	1,713
Denominator (Units in Millions):
Average Common Shares Outstanding	857			911			947
Other Potentially Dilutive Common Shares	4			3			1
Average Common Shares Outstanding, Assuming Dilution	861			914			948
Net Earnings Per Share, Basic	$	3.86		$	6.01		$	1.81
Net Earnings Per Share, Assuming Dilution	$	3.84		$	5.99		$	1.81

Schedule of Share Repurchases

During 2018, 2017, and 2016, CSX repurchased the following shares:

	Fiscal Years
	2018		2017		2016
Shares Repurchased (Units in Millions)	72		39		38
Cost of Shares (Dollars in Millions)	$	4,671	$	1,970	$	1,056
Average Price Paid per Share	$	64.64	$	50.80	$	27.52