Stock Plans and Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2024

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)	2024		2023
Share-Based Compensation Expense:
Restricted Stock Units	$	7	$	4
Stock Options	3		3
Performance Units	2		3
Stock Awards for Directors	2		2
Employee Stock Purchase Plan	2		1
Total Share-Based Compensation Expense	$	16	$	13
Income Tax Benefit	$	5	$	4

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

On February 16, 2024, the Company granted the following awards under a new long-term incentive plan ("LTIP") for the years 2024 through 2026, which was adopted under the CSX 2019 Stock and Incentive Award Plan.

	Granted (Thousands)	Weighted Avg. Fair Value
Performance Units	605	$	38.66
Restricted Stock Units	601	36.72
Stock Options	957	11.57