Segment Reporting and Significant Expenses (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Segment Reporting Information, by Segment

The table below presents information about the Company's significant expenses and the required reportable segment reconciliations for the quarters ended March 31, 2026, and March 31, 2025.


	First Quarters
	2026				2025
(Dollars in Millions)	Rail		Reconciliation to Consolidated		Rail		Reconciliation to Consolidated
Revenue (a)	$	3,280			$	3,221

Reconciliation of Revenue
Trucking Revenue (a)			205				207
Elimination of intersegment revenues			(3)				(5)
Total Consolidated Revenue			$	3,482			$	3,423

Expense (b)
Labor and Fringe	$	763			$	774
Purchased Services and Other	549				662
Depreciation and Amortization	399				410
Fuel
Locomotive	251				225
Non-Locomotive	28				30
Equipment and Other Rents	79				82
Gain on Property Disposition	(44)				—
Segment Operating Income	$	1,255			$	1,038

Reconciliation of Operating Income
Trucking Expenses (b)			207				204
Elimination of intersegment expenses			(3)				(5)
Total Consolidated Operating Income			$	1,253			$	1,041

Interest Expense			(213)				(209)
Other Income - Net			23				26
Earnings Before Income Taxes			$	1,063			$	858

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

(b) 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. Rail expenses represent expenses attributable to all CSX entities other than the trucking company, Quality Carriers.