CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current Assets:
Cash and Cash Equivalents	$ 2,898	$ 958
Short-term Investments	1	996
Accounts Receivable - Net (Note 8)	980	986
Materials and Supplies	253	261
Other Current Assets	96	77
Total Current Assets	4,228	3,278
Properties	45,409	45,100
Accumulated Depreciation	(13,028)	(12,932)
Properties - Net	32,381	32,168
Right-of-Use Lease Asset	500	532
Other Long-term Assets	385	400
Total Assets	39,443	38,257
Current Liabilities:
Accounts Payable	1,042	1,043
Labor and Fringe Benefits Payable	436	489
Casualty, Environmental and Other Reserves (Note 4)	104	100
Current Maturities of Long-term Debt (Note 7)	371	245
Income and Other Taxes Payable	140	69
Other Current Liabilities	201	205
Total Current Liabilities	2,294	2,151
Casualty, Environmental and Other Reserves (Note 4)	205	205
Long-term Debt (Note 7)	16,121	15,993
Deferred Income Taxes - Net	7,087	6,961
Long-term Lease Liability	475	493
Other Long-term Liabilities	534	591
Total Liabilities	26,716	26,394
Shareholders' Equity:
Common Stock, $1 Par Value	765	773
Other Capital	400	346
Retained Earnings	12,166	11,404
Accumulated Other Comprehensive Loss (Note 11)	(618)	(675)
Non-controlling Interest	14	15
Total Shareholders' Equity	12,727	11,863
Total Liabilities and Shareholders' Equity	39,443	38,257
Investments in Conrail
Current Assets:
Investment in Affiliates and Other Companies	1,012	982
Affiliates and Other Companies
Current Assets:
Investment in Affiliates and Other Companies	$ 937	$ 897