Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
|
Cash flows from operating activities: | |||
Net income | $ 2,000us-gaap_ProfitLoss | $ 1,910us-gaap_ProfitLoss | $ 1,749us-gaap_ProfitLoss |
Reconciliation of net income to net cash provided by operating activities: | |||
Depreciation | 956us-gaap_Depreciation | 922us-gaap_Depreciation | 922us-gaap_Depreciation |
Deferred income taxes | 294us-gaap_DeferredIncomeTaxExpenseBenefit | 262us-gaap_DeferredIncomeTaxExpenseBenefit | 366us-gaap_DeferredIncomeTaxExpenseBenefit |
Gains and losses on properties and investments | (13)us-gaap_GainLossOnDispositionOfAssets1 | (104)us-gaap_GainLossOnDispositionOfAssets1 | (6)us-gaap_GainLossOnDispositionOfAssets1 |
Changes in assets and liabilities affecting operations: | |||
Accounts receivable | (31)us-gaap_IncreaseDecreaseInAccountsReceivable | 85us-gaap_IncreaseDecreaseInAccountsReceivable | (64)us-gaap_IncreaseDecreaseInAccountsReceivable |
Materials and supplies | (13)us-gaap_IncreaseDecreaseInMaterialsAndSupplies | (7)us-gaap_IncreaseDecreaseInMaterialsAndSupplies | (7)us-gaap_IncreaseDecreaseInMaterialsAndSupplies |
Other current assets | (260)us-gaap_IncreaseDecreaseInOtherCurrentAssets | (5)us-gaap_IncreaseDecreaseInOtherCurrentAssets | (6)us-gaap_IncreaseDecreaseInOtherCurrentAssets |
Current liabilities other than debt | 53us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | 5us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | 82us-gaap_IncreaseDecreaseInOtherOperatingLiabilities |
Other – net | (134)us-gaap_OtherOperatingActivitiesCashFlowStatement | 10us-gaap_OtherOperatingActivitiesCashFlowStatement | 29us-gaap_OtherOperatingActivitiesCashFlowStatement |
Net cash provided by operating activities | 2,852us-gaap_NetCashProvidedByUsedInOperatingActivities | 3,078us-gaap_NetCashProvidedByUsedInOperatingActivities | 3,065us-gaap_NetCashProvidedByUsedInOperatingActivities |
Cash flows from investing activities: | |||
Property additions | (2,118)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (1,971)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (2,241)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
Property sales and other transactions | 114us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment | 144us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment | 192us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment |
Investments, including short-term | (104)us-gaap_PaymentsToAcquireInvestments | (130)us-gaap_PaymentsToAcquireInvestments | (23)us-gaap_PaymentsToAcquireInvestments |
Investment sales and other transactions | 106us-gaap_PaymentsForProceedsFromOtherInvestingActivities | 63us-gaap_PaymentsForProceedsFromOtherInvestingActivities | 78us-gaap_PaymentsForProceedsFromOtherInvestingActivities |
Net cash used in investing activities | (2,002)us-gaap_NetCashProvidedByUsedInInvestingActivities | (1,894)us-gaap_NetCashProvidedByUsedInInvestingActivities | (1,994)us-gaap_NetCashProvidedByUsedInInvestingActivities |
Cash flows from financing activities: | |||
Dividends | (687)us-gaap_PaymentsOfDividendsCommonStock | (637)us-gaap_PaymentsOfDividendsCommonStock | (624)us-gaap_PaymentsOfDividendsCommonStock |
Common Stock issued | 130nsc_ProceedsFromStockOptionsExercisedIncludingTaxBenefit | 131nsc_ProceedsFromStockOptionsExercisedIncludingTaxBenefit | 89nsc_ProceedsFromStockOptionsExercisedIncludingTaxBenefit |
Purchase and retirement of Common Stock | (318)us-gaap_PaymentsForRepurchaseOfCommonStock | (627)us-gaap_PaymentsForRepurchaseOfCommonStock | (1,288)us-gaap_PaymentsForRepurchaseOfCommonStock |
Proceeds from borrowings – net | 200us-gaap_ProceedsFromDebtNetOfIssuanceCosts | 989us-gaap_ProceedsFromDebtNetOfIssuanceCosts | 1,491us-gaap_ProceedsFromDebtNetOfIssuanceCosts |
Debt repayments | (645)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations | (250)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations | (362)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations |
Net cash used in financing activities | (1,320)us-gaap_NetCashProvidedByUsedInFinancingActivities | (394)us-gaap_NetCashProvidedByUsedInFinancingActivities | (694)us-gaap_NetCashProvidedByUsedInFinancingActivities |
Net increase (decrease) in cash and cash equivalents | (470)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 790us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 377us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
Cash and cash equivalents: | |||
At beginning of year | 1,443us-gaap_CashAndCashEquivalentsAtCarryingValue | 653us-gaap_CashAndCashEquivalentsAtCarryingValue | 276us-gaap_CashAndCashEquivalentsAtCarryingValue |
At end of year | 973us-gaap_CashAndCashEquivalentsAtCarryingValue | 1,443us-gaap_CashAndCashEquivalentsAtCarryingValue | 653us-gaap_CashAndCashEquivalentsAtCarryingValue |
Supplemental disclosures of cash flow information: | |||
Interest (net of amounts capitalized) | 522us-gaap_InterestPaidNet | 492us-gaap_InterestPaidNet | 473us-gaap_InterestPaidNet |
Income taxes (net of refunds) | $ 1,102us-gaap_IncomeTaxesPaidNet | $ 735us-gaap_IncomeTaxesPaidNet | $ 618us-gaap_IncomeTaxesPaidNet |
X | ||||||||||
- Definition
Proceeds From Stock Options Exercised, Including Tax Benefit. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The increase (decrease) during the period in the carrying amount of capitalized costs of materials, supplies, or both, which are not included in inventory. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in other current operating assets not separately disclosed in the statement of cash flows. No definition available.
|
X | ||||||||||
- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The amount of cash paid for interest during the period net of cash paid for interest that is capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Definition
Other cash or noncash adjustments to reconcile net income to cash provided by (used in) operating activities that are not separately disclosed in the statement of cash flows (for example, cash received or cash paid during the current period for miscellaneous operating activities, net change during the reporting period in other assets or other liabilities). No definition available.
|
X | ||||||||||
- Definition
The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow associated with the purchase of all investments (debt, security, other) during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash inflow from additional borrowings, net of cash paid to third parties in connection with debt origination. No definition available.
|
X | ||||||||||
- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition
The cash outflow during the period from the repayment of aggregate short-term and long-term debt and payment of capital lease obligations. No definition available.
|
X | ||||||||||
- Details
|