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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Future Lease Payments and Balances related to Operating Leases
The following table presents information about future lease payments and balances related to operating leases as of December 31, 2025.
(Dollars in Millions)December 2025
Maturity of Lease LiabilitiesLease Payments
2026$69 
202762 
202849 
202944 
203039 
Thereafter1,055 
Total Undiscounted Operating Lease Payments$1,318 
Less: Imputed Interest(772)
Present Value of Operating Lease Liabilities$546 
Future payments due to Conrail under the shared asset area agreements are shown in the table below.
(Dollars in Millions)Conrail Shared
YearsAsset Agreement
2026$39 
202739 
202839 
202916 
2030— 
Thereafter— 
Total$133 
Schedule of Balance Sheet Classification and Other Information of Company's Operating Leases
(Dollars in Millions)20252024
Balance Sheet Classification
Right of Use Asset$464 $487 
Current Lease Liabilities (Included in Other Current Liabilities)67 73 
Long-term Lease Liabilities479 486 
Total Operating Lease Liabilities$546 $559 
Other Information
Weighted-average Remaining Lease Term for Operating Leases30 years30 years
Weighted-average Discount Rate for Operating Leases5.1 %5.1 %
Schedule of Operating Lease Costs These amounts are shown in the table below.
 Years Ended
(Dollars in Millions)202520242023
Rent Expense on Operating Leases$112 $117 $109