Investments

9 Months Ended

Sep. 30, 2017

Investments, Debt and Equity Securities [Abstract]

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

Investments

BNSF holds investments which are classified as trading securities and included in Other Assets on the balance sheet. The following table summarizes the fair value of investments held as of September 30, 2017 and December 31, 2016 (in millions):

	September 30, 2017		December 31, 2016
Debt securities	$	42	$	47
Equity securities	60		60
Total	$	102	$	107

The fair value measurements of BNSF’s debt securities are based on Level 2 inputs and equity securities are based on Level 1 inputs, using a market approach. The following table presents gains and losses recognized in other (income) expense, net for the Company (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Gains	$	3	$	4	$	10	$	11
Losses	—		—		—		(4		)
Net Gain	$	3	$	4	$	10	$	7