Related Party Transactions

3 Months Ended

Mar. 31, 2017

The companies identified as affiliates of BNSF include Berkshire and its subsidiaries. During the three months ended March 31, 2017 and 2016, the Company declared and paid cash distributions of $625 million and $750 million, respectively, to its parent company. For the three months ended March 31, 2017 and 2016, the Company made tax payments of less than $1 million and $1 million, respectively, to Berkshire. As of March 31, 2017 and December 31, 2016, the Company has a payable to Berkshire of $429 million and $109 million, respectively.

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 March 31,
	2017		2016
Revenues	$	37	$	41
Expenditures	$	79	$	70