|
Summarized Consolidating Income Statements (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 29, 2012
|
Jul. 01, 2011
|
Jun. 29, 2012
|
Jul. 01, 2011
|
|
| Consolidated Income Statement | ||||
| Revenue | $ 3,012 | $ 3,019 | $ 5,978 | $ 5,829 |
| Expense | 2,069 | 2,093 | 4,179 | 4,130 |
| Operating Income | 943 | 926 | 1,799 | 1,699 |
| Equity in Earnings of Subsidiaries | 0 | 0 | 0 | 0 |
| Interest (Expense) / Benefit | (139) | (134) | (283) | (274) |
| Other Income - Net | 5 | 0 | 9 | 5 |
| Earnings Before Income Taxes | 809 | 792 | 1,525 | 1,430 |
| Income Tax (Expense) / Benefit | (297) | (286) | (564) | (529) |
| Net Earnings | 512 | 506 | 961 | 901 |
| Total Comprehensive Earnings | 529 | 519 | 987 | 925 |
|
CSX Corporation
|
||||
| Consolidated Income Statement | ||||
| Revenue | 0 | 0 | 0 | 0 |
| Expense | (89) | (68) | (176) | (133) |
| Operating Income | 89 | 68 | 176 | 133 |
| Equity in Earnings of Subsidiaries | 557 | 540 | 1,034 | 972 |
| Interest (Expense) / Benefit | (125) | (121) | (255) | (247) |
| Other Income - Net | (1) | 1 | (2) | 3 |
| Earnings Before Income Taxes | 520 | 488 | 953 | 861 |
| Income Tax (Expense) / Benefit | (8) | 18 | 8 | 40 |
| Net Earnings | 512 | 506 | 961 | 901 |
| Total Comprehensive Earnings | 529 | 519 | 987 | 925 |
|
CSX Transportation
|
||||
| Consolidated Income Statement | ||||
| Revenue | 2,995 | 3,003 | 5,945 | 5,797 |
| Expense | 2,192 | 2,222 | 4,421 | 4,364 |
| Operating Income | 803 | 781 | 1,524 | 1,433 |
| Equity in Earnings of Subsidiaries | 0 | 2 | (1) | 3 |
| Interest (Expense) / Benefit | (17) | (22) | (36) | (45) |
| Other Income - Net | 1 | 0 | 4 | 2 |
| Earnings Before Income Taxes | 787 | 761 | 1,491 | 1,393 |
| Income Tax (Expense) / Benefit | (270) | (275) | (533) | (516) |
| Net Earnings | 517 | 486 | 958 | 877 |
| Total Comprehensive Earnings | 518 | 485 | 956 | 877 |
|
Eliminations and Other
|
||||
| Consolidated Income Statement | ||||
| Revenue | 17 | 16 | 33 | 32 |
| Expense | (34) | (61) | (66) | (101) |
| Operating Income | 51 | 77 | 99 | 133 |
| Equity in Earnings of Subsidiaries | (557) | (542) | (1,033) | (975) |
| Interest (Expense) / Benefit | 3 | 9 | 8 | 18 |
| Other Income - Net | 5 | (1) | 7 | 0 |
| Earnings Before Income Taxes | (498) | (457) | (919) | (824) |
| Income Tax (Expense) / Benefit | (19) | (29) | (39) | (53) |
| Net Earnings | (517) | (486) | (958) | (877) |
| Total Comprehensive Earnings | $ (518) | $ (485) | $ (956) | $ (877) |