Related Party Transactions

9 Months Ended

Sep. 30, 2016

The companies identified as affiliates of BNSF include Berkshire and its subsidiaries. During the nine months ended September 30, 2016 and 2015, the Company declared and paid cash distributions of $1.75 billion and $3 billion, respectively, to its parent company. For the nine months ended September 30, 2016 and 2015, the Company received tax refunds of $227 million and $160 million, respectively, from Berkshire, and made cash payments of $451 million and $863 million, respectively, for income taxes to Berkshire.

BNSF engages in various transactions with related parties in the ordinary course of business. The following table summarizes revenues earned by BNSF for services provided to related parties and expenditures to related parties (in millions):



	Three Months Ended September 30,
	2016		2015
Revenues	$	35	$	48
Expenditures	$	73	$	86



	Nine Months Ended September 30,
	2016		2015
Revenues	$	108	$	137
Expenditures	$	210	$	248