Stock Plans and Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Pre-tax Expense and Income Tax Benefits Associated with Share-Based Compensation

Total pre-tax expense and income tax benefits associated with share-based compensation are shown in the table below. Income tax benefits include impacts from option exercises and the vesting of other equity awards.

	First Quarters
(Dollars in millions)	2023		2022
Share-Based Compensation Expense:
Restricted Stock Units	$	4	$	6
Performance Units	3		20
Stock Options	3		7
Stock Awards for Directors	2		2
Employee Stock Purchase Plan	1		1
Total Share-Based Compensation Expense	$	13	$	36
Income Tax Benefit	$	4	$	9

Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award

On February 15, 2023, the Company granted the following awards under a new long-term incentive plan ("LTIP") for the years 2023 through 2025, which was adopted under the CSX 2019 Stock and Incentive Award Plan.

	Granted	Weighted Avg. Fair Value
Performance Units	680	$	32.77
Restricted Stock Units	648	31.67
Stock Options	1,067	9.86