Shareholders' Equity

12 Months Ended

Dec. 25, 2015

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Shareholders’ Equity

Common and preferred stock consists of the following:

Common Stock, $1 Par Value	December 2015
	(Units in Millions)
Common Shares Authorized	1,800
Common Shares Issued and Outstanding	966
Preferred Stock
Preferred Shares Authorized	25
Preferred Shares Issued and Outstanding	—

Holders of common stock are entitled to one vote on all matters requiring a vote for each share held.  Preferred stock is senior to common stock with respect to dividends and upon liquidation of CSX.