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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2022
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:
 Years Ended
 202220212020
Numerator (Dollars in Millions):
 
Net Earnings$4,166 $3,781 $2,765 
Dividend Equivalents on Restricted Stock— — — 
Net Earnings, Attributable to Common Shareholders$4,166 $3,781 $2,765 
Denominator (Units in Millions):
Average Common Shares Outstanding2,136 2,250 2,300 
Other Potentially Dilutive Common Shares5 5 5 
Average Common Shares Outstanding, Assuming Dilution2,141 2,255 2,305 
Net Earnings Per Share, Basic$1.95 $1.68 $1.20 
Net Earnings Per Share, Assuming Dilution$1.95 $1.68 $1.20 
Schedule of Average Outstanding Equity Awards Excluded from Diluted Earnings Per Share Calculation The total average outstanding equity awards that were excluded from the diluted earnings per share calculation because their effect was antidilutive is in the table below.
Years Ended
202220212020
Antidilutive Stock Options Excluded from Diluted EPS (in millions)
3 2 6 
Schedule of Share Repurchase Activity
During 2022, 2021 and 2020, CSX repurchased the following shares:
Years Ended
202220212020
Shares Repurchased (Units in Millions)
151 90 38 
Cost of Shares (Dollars in Millions)
$4,731 $2,886 $867 
Average Price Paid per Share$31.25 $31.91 $22.90