Segment Reporting and Significant Expenses (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Segment Reporting Information, by Segment

The tables below present information about the Company's significant expenses and the required reportable segment reconciliations for the quarters ended March 31, 2025, and March 31, 2024.


	Quarters Ended
	March 31, 2025				March 31, 2024
(Dollars in Millions)	Rail		Reconciliation to Consolidated			Rail		Reconciliation to Consolidated
Revenue	$	3,221				$	3,466

Reconciliation of Revenue
Trucking Revenue (a)			207					217
Elimination of intersegment revenues			(5)					(2)
Total Consolidated Revenue			$	3,423				$	3,681

Expense
Labor and Fringe	$	774				$	760
Purchased Services and Other	662					602
Depreciation and Amortization	410					395
Fuel
Locomotive	225					276
Non-Locomotive	30					25
Equipment and Other Rents	82					78
Gain on Property Disposition	—					(1)
Segment Operating Income	$	1,038				$	1,331

Reconciliation of Operating Income
Trucking Expenses (b)			204					211
Elimination of intersegment expenses			(5)					(2)
Total Consolidated Operating Income			$	1,041				$	1,337

(a) Rail revenue represents revenue attributed to all CSX entities other than the trucking company, Quality Carriers. Trucking revenue is comprised of revenue from Quality Carriers.

(b) Rail expenses represent expenses attributable to all CSX entities other than the trucking company, Quality Carriers. Trucking expenses include labor and fringe, purchased services and other, depreciation and amortization, fuel, equipment and other rents, and gains/losses on property dispositions from the operations of Quality Carriers.

Schedule of Reconciliation of Segment Operating Income

Reconciliation of Segment Operating Income to Consolidated Earnings Before Income Taxes


	Quarters Ended
(Dollars in Millions)	March 31, 2025		March 31, 2024
Segment Operating Income	$	1,038	$	1,331
Trucking Revenue and Eliminations	202		215
Trucking Expenses and Eliminations	(199)		(209)
Total Consolidated Operating Income	1,041		1,337
Interest Expense	(209)		(210)
Other Income - Net	26		41
Earnings Before Income Taxes	$	858	$	1,168