XML 58 R39.htm IDEA: XBRL DOCUMENT v3.20.4
Investment in Affiliates and Related-Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]  
Schedule of Equity-method Investments in Affiliates
CSX's investments in affiliates are included on the consolidated balance sheet as investments in affiliates and other companies.
 DecemberDecember
(Dollars in Millions)20202019
Equity-method investments:
Conrail$1,025 $982 
TTX796 743 
Other164 154 
Total$1,985 $1,879 
Schedule of Future Payments Under Shared Asset Area Agreements The following table presents information about the amount, timing and uncertainty of cash flows arising from all of the Company’s operating leases as of December 31, 2020.
(Dollars in Millions)December 2020
Maturity of Lease LiabilitiesLease Payments
202147 
202243 
202336 
202436 
202535 
Thereafter1,172 
Total undiscounted operating lease payments$1,369 
Less: Imputed interest(869)
Present value of operating lease liabilities$500 
Future payments due to Conrail under the shared asset area agreements are shown in the table below.
(Dollars in Millions)Conrail Shared
YearsAsset Agreement
2021$30 
202230 
202330 
202422 
2025— 
Thereafter— 
Total$112 
Schedule of Related Party in the Consolidated Income Statement Components
The following table discloses amounts related to Conrail. All amounts in the table below are included in materials, supplies and other expenses on the Company’s consolidated income statements.

 Fiscal Years 
(Dollars in Millions)202020192018
Rents, fees and services$126 $119 $117 
Purchase price amortization and other4 4 4 
Equity earnings of Conrail(49)(42)(43)
Total Conrail Expense$81 $81 $78 
As required by the Related Party Disclosures Topic in the ASC, the following table discloses amounts related to TTX. Car hire rents and equity earnings are included in equipment and other rents expense on the Company’s consolidated income statement.
 Fiscal Years
(Dollars in Millions)202020192018
Income statement information:
Car hire rents$219 $223 $223 
Equity earnings of TTX(51)(56)(60)
Total TTX expense$168 $167 $163 
Schedule of Related Party Consolidated Balance Sheet Components
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 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 in each 2020, 2019 and 2018.

 DecemberDecember
(Dollars in Millions)20202019
Balance Sheet Information:  
CSX accounts payable to Conrail$50 $213 
Promissory notes payable to Conrail subsidiary  
1.31% CSX Promissory Note due December 2050
73 — 
1.31% CSXT Promissory Note due December 2050
368 — 
2.89% CSX Promissory Note due October 2044
— 73 
2.89% CSXT Promissory Note due October 2044
— 151 
Also included below is balance sheet information related to CSX's payable to TTX, which represents car rental liabilities.
DecemberDecember
Balance sheet information:20202019
CSX payable to TTX$40 $34