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Summarized Consolidating Financial Data - Consolidating Cash Flow Statements (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities    
Net Cash Provided by (Used in) Operating Activities $ 1,178 $ 1,173 [1]
Investing Activities    
Property Additions (381) (353) [1]
Proceeds from Property Dispositions 35 48 [1]
Purchases of Short-term Investments (426) (813) [1]
Proceeds from Sales of Short-term Investments 936 250 [1]
Other Investing Activities (20) (2) [1]
Net Cash Provided by (Used In) Investing Activities 144 (870) [1]
Financing Activities    
Long-term Debt Issued 500 1,000 [1]
Dividends Paid (201) (195) [1]
Shares Repurchased (577) (796) [1]
Other Financing Activities (7) 18 [1]
Net Cash (Used in) Provided by Financing Activities (285) 27 [1]
Net Increase in Cash and Cash Equivalents 1,037 330 [1]
Cash and Cash Equivalents at Beginning of Period 958 858 [1]
Cash and Cash Equivalents at End of Period 1,995 1,188 [1]
Eliminations and Other    
Operating Activities    
Net Cash Provided by (Used in) Operating Activities (191) (212)
Investing Activities    
Property Additions (40) (34)
Proceeds from Property Dispositions 0 (3)
Purchases of Short-term Investments (2) 0
Proceeds from Sales of Short-term Investments 6 0
Other Investing Activities (18) 0
Net Cash Provided by (Used In) Investing Activities (54) (37)
Financing Activities    
Long-term Debt Issued 0 0
Dividends Paid 250 250
Shares Repurchased 0 0
Other Financing Activities 0 0
Net Cash (Used in) Provided by Financing Activities 250 250
Net Increase in Cash and Cash Equivalents 5 1
Cash and Cash Equivalents at Beginning of Period 8 12
Cash and Cash Equivalents at End of Period 13 13
CSX Corporation    
Operating Activities    
Net Cash Provided by (Used in) Operating Activities 855 852
Investing Activities    
Property Additions 0 0
Proceeds from Property Dispositions 0 0
Purchases of Short-term Investments (424) (813)
Proceeds from Sales of Short-term Investments 930 250
Other Investing Activities 1 (1)
Net Cash Provided by (Used In) Investing Activities 507 (564)
Financing Activities    
Long-term Debt Issued 500 1,000
Dividends Paid (201) (195)
Shares Repurchased (577) (796)
Other Financing Activities (7) 19
Net Cash (Used in) Provided by Financing Activities (285) 28
Net Increase in Cash and Cash Equivalents 1,077 316
Cash and Cash Equivalents at Beginning of Period 814 716
Cash and Cash Equivalents at End of Period 1,891 1,032
CSX Transportation    
Operating Activities    
Net Cash Provided by (Used in) Operating Activities 514 533
Investing Activities    
Property Additions (341) (319)
Proceeds from Property Dispositions 35 51
Purchases of Short-term Investments 0 0
Proceeds from Sales of Short-term Investments 0 0
Other Investing Activities (3) (1)
Net Cash Provided by (Used In) Investing Activities (309) (269)
Financing Activities    
Long-term Debt Issued 0 0
Dividends Paid (250) (250)
Shares Repurchased 0 0
Other Financing Activities 0 (1)
Net Cash (Used in) Provided by Financing Activities (250) (251)
Net Increase in Cash and Cash Equivalents (45) 13
Cash and Cash Equivalents at Beginning of Period 136 130
Cash and Cash Equivalents at End of Period $ 91 $ 143
[1]
Certain prior year data has been reclassified to conform to the current presentation.