8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 3, 2020

KANSAS CITY SOUTHERN

(Exact name of registrant as specified in its charter)

Delaware	1-4717	44-0663509
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	file number)	Identification Number)

427 West 12th Street, Kansas City, Missouri 64105

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:

(816) 983-1303

Not Applicable

(Former name or former address if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Preferred Stock, Par Value $25 Per Share, 4%, Noncumulative	KSU	New York Stock Exchange
Common Stock, $.01 Per Share Par Value	KSU	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01    Regulation FD.

On December 3, 2020, Kansas City Southern’s President and Chief Executive Officer Patrick J. Ottensmeyer, and Executive Vice President – Precision Scheduled Railroading Sameh Fahmy presented via webcast at the Credit Suisse 8th Annual Virtual Industrials Conference at 8:30 a.m. central time. The presentation included updates on the Company’s fourth quarter-to-date 2020 volume and revenue performance, including the volume and revenue impact of protests that blocked KCS’ Caltzontzin District and affected service to and from the Port of Lazaro Cardenas during October and November. The presentation also included updates on fourth quarter-to-date 2020 casualty expenses. The presentation given by Mr. Ottensmeyer and Mr. Fahmy is included in this Form 8-K as Exhibit 99.1. Interested investors may listen to the webcast on KCS’ website at www.kcsouthern.com. A link to the replay will be available for 14 days following the event.

The information in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “1934 Act”), nor shall it be deemed “incorporated by reference” into any filing under the Securities Act of 1933, as amended, or the 1934 Act, except as may be expressly set forth by specific reference in such filing.

Item 9.01     Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
99.1	Presentation by President and Chief Executive Officer Patrick J. Ottensmeyer, and Executive Vice President – Precision Scheduled Railroading Sameh Fahmy, at the Credit Suisse 8th Annual Virtual Industrials Conference on December 3, 2020.
104	Cover page information from Kansas City Southern’s Current Report on Form 8-K filed on December 3, 2020, formatted in iXBRL (Inline Extensible Business Reporting Language) and included as Exhibit 101.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Kansas City Southern

Date: December 3, 2020

By:	/s/ Adam J. Godderz
Name:	Adam J. Godderz
Title:	Senior Vice President - Chief Legal Officer & Corporate Secretary

EX-99.1

KCS © K A N S A S C IT Y S O U TH E R N Credit Suisse 8th Annual Virtual Industrials Conference December 3rd, 2020 Exhibit 99.1

KCS © K A N S A S C IT Y S O U TH E R N Safe Harbor Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. In addition, management may make forward-looking statements orally or in other writing, including, but not limited to, in press releases, quarterly earnings calls, executive presentations, in the annual report to stockholders and in other filings with the Securities and Exchange Commission. Readers can usually identify these forward-looking statements by the use of such words as "may," "will," "should," "likely," "plans," "projects," "expects," "anticipates," "believes" or similar words. These statements involve a number of risks and uncertainties. Actual results could materially differ from those anticipated by such forward-looking statements as a result of a number of factors or combination of factors including, but not limited: public health threats or outbreaks of communicable diseases, such as the ongoing COVID-19 pandemic and its impact on KCS’s business, suppliers, consumers, customers, employees and supply chains; rail accidents or other incidents or accidents on KCS’s rail network or at KCS’s facilities or customer facilities involving the release of hazardous materials, including toxic inhalation hazards; legislative and regulatory developments and disputes, including environmental regulations; loss of the rail concession of Kansas City Southern’s subsidiary, Kansas City Southern de México, S.A. de C.V.; domestic and international economic, political and social conditions; disruptions to the Company’s technology infrastructure, including its computer systems; increased demand and traffic congestion; the level of trade between the United States and Asia or Mexico; fluctuations in the peso-dollar exchange rate; natural events such as severe weather, hurricanes and floods; the outcome of claims and litigation involving the Company or its subsidiaries; competition and consolidation within the transportation industry; the business environment in industries that produce and use items shipped by rail; the termination of, or failure to renew, agreements with customers, other railroads and third parties; fluctuation in prices or availability of key materials, in particular diesel fuel; access to capital; climate change and the market and regulatory responses to climate change; dependency on certain key suppliers of core rail equipment; changes in securities and capital markets; unavailability of qualified personnel; labor difficulties, including strikes and work stoppages; acts of terrorism or risk of terrorist activities, war or other acts of violence; and other factors affecting the operation of the business; and other risks identified in this presentation, in KCS's Annual Report on Form 10-K for the year ended December 31, 2019, and in other reports filed by KCS with the Securities and Exchange Commission. Forward-looking statements reflect the information only as of the date on which they are made. KCS does not undertake any obligation to update any forward-looking statements to reflect future events, developments, or other information. Reconciliation to U.S. GAAP Financial Information In addition to disclosing financial results in accordance with U.S. GAAP, the accompanying presentation contains non-GAAP financial measures. These non-GAAP measures should be viewed as a supplement to and not a substitute for our U.S. GAAP measures of performance and liquidity, and the financial results calculated in accordance with U.S. GAAP and reconciliations from these results should be carefully evaluated. All reconciliations to the most directly comparable financial measures calculated and presented in accordance with U.S. GAAP can be found on the KCS's website in the Investors section. 2

KCS © K A N S A S C IT Y S O U TH E R N  Service has resumed for KCS’ Caltzontzin District on December 1st. QTD volume & revenue performance:  4QTD led by 17% franchise cross-border volume growth o Strength in cross-border intermodal and refined product exports to Mexico  4QTD includes ~$10M YOY casualty*** increase, primarily driven by two derailments  Expect to reinstate multi-year guidance in January Business Update 3 *4QTD as of 11/30/20 **Protest impacts are estimated ***Recognized in Materials & Other within Operating Expense 4QTD* Volume/Revenue Performance Volume Revenue† Reported -4% -5% Excluding Protests** +2% -1% † YOY changes to FX & fuel represent an additional -5% impact on revenue

KCS © K A N S A S C IT Y S O U TH E R N PRECISION SCHEDULED RAILROADING 4

KCS © K A N S A S C IT Y S O U TH E R N 5 Our PSR Journey Continues….. Phase 2 (2020) Points of emphasis: • Rapid adjustment to adversity (COVID/weather) • Resiliency amid extreme volume fluctuations • Adjust resources Phase 3 (2021) Leveraging Service to Drive Growth Points of emphasis: • Consistent performance to drive revenue growth • Targeted investments to unlock capacity to grow • Optimization of All Metrics and “taking them up a notch” First two phases have produced great results, but we are far from finished….. …. Phase 3 is about reaching our full potential & leveraging improved service and driving growth 14.5 Phase 1 (2019) Points of emphasis: • Velocity • Asset Take-outs • Sense of urgency • Improving service  growing revenue $58M Savings Phase 2 (2020) Points of emphasis: • Train Length • Rapid adjustment to adversity (COVID/weather) • Tight management of resources to control costs $95M Savings

KCS © K A N S A S C IT Y S O U TH E R N 6 Phase 3 is about executing on three fronts… Excellence on these three fronts are key to realizing our goal of becoming “Best in Class” on Service and Financial Performance. Infrastructure Service Design in collaboration with Customers Operational Execution Consistent, Reliable Service Driving Revenue Growth 1 2 3

KCS © K A N S A S C IT Y S O U TH E R N 7 Thank You! www.KCSouthern.com

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Document Information [Line Items]
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Entity Central Index Key	0000054480
Document Type	8-K
Document Period End Date	Dec. 03, 2020
Entity Registrant Name	KANSAS CITY SOUTHERN
Entity Incorporation, State or Country Code	DE
Entity File Number	1-4717
Entity Tax Identification Number	44-0663509
Entity Address, Address Line One	427 West 12th Street
Entity Address, City or Town	Kansas City
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	64105
City Area Code	816
Local Phone Number	983-1303
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Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
$25 Par Preferred Stock [Member]
Document Information [Line Items]
Title of 12(b) Security	Preferred Stock, Par Value $25 Per Share, 4%, Noncumulative
Trading Symbol	KSU
Security Exchange Name	NYSE
Common Stock [Member]
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $.01 Per Share Par Value
Trading Symbol	KSU
Security Exchange Name	NYSE