CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 25, 2016
Dec. 25, 2015
Mar. 27, 2015
Dec. 26, 2014
Current Assets:        
Cash and Cash Equivalents $ 731 $ 628 $ 561 $ 669
Short-term Investments 375 810    
Accounts Receivable - Net 917 982    
Materials and Supplies 370 350    
Deferred Income Taxes 132 126    
Other Current Assets 83 70    
Total Current Assets 2,608 2,966    
Properties 41,865 41,574    
Accumulated Depreciation (11,572) (11,400)    
Properties - Net 30,293 30,174    
Other Long-term Assets 307 337    
Total Assets 34,610 34,871    
Current Liabilities:        
Accounts Payable 815 764    
Labor and Fringe Benefits Payable 398 490    
Casualty, Environmental and Other Reserves 130 131    
Current Maturities of Long-term Debt 20 20    
Income and Other Taxes Payable 170 108    
Other Current Liabilities 159 439    
Total Current Liabilities 1,692 1,952    
Casualty, Environmental and Other Reserves 255 269    
Long-term Debt 10,516 10,515    
Deferred Income Taxes 9,396 9,305    
Other Long-term Liabilities 1,145 1,162    
Total Liabilities 23,004 23,203    
Shareholders' Equity:        
Common Stock, $1 Par Value 956 966    
Other Capital 112 113    
Retained Earnings 11,183 11,238    
Accumulated Other Comprehensive Loss (658) (665)    
Noncontrolling Interest 13 16    
Total Shareholders' Equity 11,606 11,668    
Total Liabilities and Shareholders' Equity 34,610 34,871    
Investments in Conrail        
Current Assets:        
Investment in Affiliates and Consolidated Subsidiaries 811 803    
Affiliates and Other Companies        
Current Assets:        
Investment in Affiliates and Consolidated Subsidiaries $ 591 $ 591