CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions
Jul. 01, 2011
Dec. 31, 2010
Jun. 25, 2010
Dec. 25, 2009
Current Assets        
Cash and Cash Equivalents $ 1,252 $ 1,292 $ 633 $ 1,029
Short-term Investments 43 54    
Accounts Receivable - Net (Note 1) 1,112 993    
Materials and Supplies 251 218    
Deferred Income Taxes 186 192    
Other Current Assets 123 106    
Total Current Assets 2,967 2,855    
Properties 32,777 32,065    
Accumulated Depreciation (8,575) (8,266)    
Properties - Net 24,202 23,799    
Investment in Conrail 681 673    
Affiliates and Other Companies 477 461    
Other Long-term Assets 378 353    
Total Assets 28,705 28,141    
Current Liabilities        
Accounts Payable 1,076 1,046    
Labor and Fringe Benefits Payable 430 520    
Casualty, Environmental and Other Reserves (Note 4) 180 176    
Current Maturities of Long-term Debt (Note 7) 494 613    
Income and Other Taxes Payable 137 85    
Other Current Liabilities 168 97    
Total Current Liabilities 2,485 2,537    
Casualty, Environmental and Other Reserves (Note 4) 468 502    
Long-term Debt (Note 7) 8,186 8,051    
Deferred Income Taxes 7,340 7,053    
Other Long-term Liabilities 1,285 1,298    
Total Liabilities 19,764 19,441    
Common Stock $1 Par Value 1,095 370    
Other Capital (Note 1) 0 0    
Retained Earnings 8,582 9,087    
Accumulated Other Comprehensive Loss (Note 1) (747) (771)    
Noncontrolling Interest 11 14    
Total Shareholders' Equity 8,941 8,700    
Total Liabilities and Shareholders' Equity $ 28,705 $ 28,141   Â