2011 Q3 Form 10-Q Financial Statement
#000027794811000061 Filed on October 26, 2011
Income Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| Revenue | $2.962B | $2.666B |
| YoY Change | 11.1% | 16.47% |
| Cost Of Revenue | $988.0M | $788.0M |
| YoY Change | 25.38% | 8.99% |
| Gross Profit | $2.031B | $1.878B |
| YoY Change | 8.15% | 19.92% |
| Gross Profit Margin | 68.57% | 70.44% |
| Selling, General & Admin | $859.0M | $821.0M |
| YoY Change | 4.63% | 10.2% |
| % of Gross Profit | 42.29% | 43.72% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $251.0M | $232.0M |
| YoY Change | 8.19% | 3.57% |
| % of Gross Profit | 12.36% | 12.35% |
| Operating Expenses | $1.105B | $1.053B |
| YoY Change | 4.94% | 8.33% |
| Operating Profit | $920.0M | $825.0M |
| YoY Change | 11.52% | 38.89% |
| Interest Expense | $138.0M | $131.0M |
| YoY Change | 5.34% | -194.93% |
| % of Operating Profit | 15.0% | 15.88% |
| Other Income/Expense, Net | $6.000M | $8.000M |
| YoY Change | -25.0% | 100.0% |
| Pretax Income | $746.0M | $702.0M |
| YoY Change | 6.27% | 52.61% |
| Income Tax | $282.0M | $288.0M |
| % Of Pretax Income | 37.8% | 41.03% |
| Net Earnings | $463.0M | $414.0M |
| YoY Change | 11.84% | 42.76% |
| Net Earnings / Revenue | 15.63% | 15.53% |
| Basic Earnings Per Share | $0.43 | $0.36 |
| Diluted Earnings Per Share | $0.45 | $0.36 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.071B shares | 1.134B shares |
| Diluted Shares Outstanding | 1.077B shares | 1.145B shares |
Balance Sheet
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.295B | $676.0M |
| YoY Change | 91.57% | -48.83% |
| Cash & Equivalents | $580.0M | $636.0M |
| Short-Term Investments | $43.00M | $40.00M |
| Other Short-Term Assets | $112.0M | $303.0M |
| YoY Change | -63.04% | 7.45% |
| Inventory | $251.0M | $225.0M |
| Prepaid Expenses | ||
| Receivables | $1.148B | $1.001B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $2.301B | $2.205B |
| YoY Change | 4.35% | -20.4% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $24.42B | $23.33B |
| YoY Change | 4.65% | 1.28% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $0.00 | $1.126B |
| YoY Change | -100.0% | 8.58% |
| Other Assets | $361.0M | $364.0M |
| YoY Change | -0.82% | 110.4% |
| Total Long-Term Assets | $25.95B | $24.82B |
| YoY Change | 4.52% | 2.37% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $2.301B | $2.205B |
| Total Long-Term Assets | $25.95B | $24.82B |
| Total Assets | $28.25B | $27.03B |
| YoY Change | 4.51% | 0.03% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.170B | $981.0M |
| YoY Change | 19.27% | 1.87% |
| Accrued Expenses | $430.0M | $473.0M |
| YoY Change | -9.09% | 17.66% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $494.0M | $605.0M |
| YoY Change | -18.35% | 91.46% |
| Total Short-Term Liabilities | $2.568B | $2.540B |
| YoY Change | 1.1% | 22.35% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $8.186B | $7.297B |
| YoY Change | 12.18% | -7.7% |
| Other Long-Term Liabilities | $1.283B | $1.822B |
| YoY Change | -29.58% | 1.33% |
| Total Long-Term Liabilities | $1.283B | $9.119B |
| YoY Change | -85.93% | -6.03% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.568B | $2.540B |
| Total Long-Term Liabilities | $1.283B | $9.119B |
| Total Liabilities | $19.98B | $18.40B |
| YoY Change | 8.56% | 0.33% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $7.944B | |
| YoY Change | ||
| Common Stock | $1.050B | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $8.930B | $8.625B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $28.25B | $27.03B |
| YoY Change | 4.51% | 0.03% |
Cashflow Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $463.0M | $414.0M |
| YoY Change | 11.84% | 42.76% |
| Depreciation, Depletion And Amortization | $251.0M | $232.0M |
| YoY Change | 8.19% | 3.57% |
| Cash From Operating Activities | $1.092B | $855.0M |
| YoY Change | 27.72% | 38.35% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$568.0M | -$416.0M |
| YoY Change | 36.54% | 11.23% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $2.000M | -$27.00M |
| YoY Change | -107.41% | -1450.0% |
| Cash From Investing Activities | -$566.0M | -$443.0M |
| YoY Change | 27.77% | 19.09% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 192.0M | -409.0M |
| YoY Change | -146.94% | 258.77% |
| NET CHANGE | ||
| Cash From Operating Activities | 1.092B | 855.0M |
| Cash From Investing Activities | -566.0M | -443.0M |
| Cash From Financing Activities | 192.0M | -409.0M |
| Net Change In Cash | 718.0M | 3.000M |
| YoY Change | 23833.33% | -97.73% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.092B | $855.0M |
| Capital Expenditures | -$568.0M | -$416.0M |
| Free Cash Flow | $1.660B | $1.271B |
| YoY Change | 30.61% | 28.13% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1170000000 | USD |
| CY2010Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1046000000 | USD |
| CY2010Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
993000000 | USD |
| CY2011Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1148000000 | USD |
| CY2011Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
8723000000 | USD |
| CY2010Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
8266000000 | USD |
| CY2010Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-771000000 | USD |
| CY2011Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-738000000 | USD |
| CY2011Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
0 | USD |
| CY2010Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
0 | USD |
| CY2011Q3 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
978000000 | USD |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
30000000 | USD | |
| CY2010Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
13000000 | USD |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
46000000 | USD | |
| CY2011Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7000000 | USD |
| CY2011Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
40000000 | USD |
| CY2010Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
38000000 | USD |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
| CY2011Q3 | us-gaap |
Assets
Assets
|
28248000000 | USD |
| CY2010Q4 | us-gaap |
Assets
Assets
|
28141000000 | USD |
| CY2011Q3 | us-gaap |
Assets Current
AssetsCurrent
|
2301000000 | USD |
| CY2010Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2855000000 | USD |
| CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1292000000 | USD |
| CY2011Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
580000000 | USD |
| CY2010Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
636000000 | USD |
| CY2009Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1029000000 | USD |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-393000000 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-712000000 | USD | |
| us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.33 | ||
| CY2011Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.12 | |
| us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.24 | ||
| CY2010Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.08 | |
| CY2011Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
| CY2010Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
| CY2011Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1050000000 | USD |
| CY2010Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
370000000 | USD |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1200000000 | USD | |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1400000000 | USD | |
| CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
473000000 | USD |
| CY2010Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
431000000 | USD |
| CY2010Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1841000000 | USD |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
6215000000 | USD | |
| CY2011Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2085000000 | USD |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
5595000000 | USD | |
| CY2011Q3 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
8654000000 | USD |
| CY2010Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
8664000000 | USD |
| CY2011Q3 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
73000 | shares |
| CY2010Q3 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
30000 | shares |
| us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
5000000 | USD | |
| us-gaap |
Debt Instrument Convertible Number Of Equity Instruments
DebtInstrumentConvertibleNumberOfEquityInstruments
|
469000 | shares | |
| us-gaap |
Debt Instrument Decrease Repayments
DebtInstrumentDecreaseRepayments
|
595000000 | USD | |
| us-gaap |
Debt Instrument Increase Additional Borrowings
DebtInstrumentIncreaseAdditionalBorrowings
|
600000000 | USD | |
| us-gaap |
Debt Instrument Increase Decrease Other Net
DebtInstrumentIncreaseDecreaseOtherNet
|
0 | USD | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
486000000 | USD | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
139000000 | USD | |
| CY2011Q3 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
164000000 | USD |
| CY2010Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
192000000 | USD |
| CY2011Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
7535000000 | USD |
| CY2010Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
7053000000 | USD |
| CY2011Q3 | us-gaap |
Defined Benefit Plan Estimated Future Employer Contributions In Current Fiscal Year
DefinedBenefitPlanEstimatedFutureEmployerContributionsInCurrentFiscalYear
|
0 | USD |
| us-gaap |
Depreciation
Depreciation
|
740000000 | USD | |
| us-gaap |
Depreciation
Depreciation
|
690000000 | USD | |
| CY2010Q3 | us-gaap |
Depreciation
Depreciation
|
232000000 | USD |
| CY2011Q3 | us-gaap |
Depreciation
Depreciation
|
251000000 | USD |
| CY2011Q3 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
0 | USD |
| CY2010Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
0 | USD |
| CY2011Q3 | us-gaap |
Due To Affiliate Current
DueToAffiliateCurrent
|
0 | USD |
| CY2010Q4 | us-gaap |
Due To Affiliate Current
DueToAffiliateCurrent
|
0 | USD |
| CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.98 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.25 | ||
| CY2010Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.36 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.36 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.24 | ||
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.43 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.97 | ||
| CY2010Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
520000000 | USD |
| CY2011Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
474000000 | USD |
| us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
17000000 | USD | |
| CY2011Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3000000 | USD |
| us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
11000000 | USD | |
| CY2010Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
5000000 | USD |
| us-gaap |
Fiscal Period
FiscalPeriod
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">CSX follows a </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">52</font><font style="font-family:Arial;font-size:11pt;">/</font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">53</font><font style="font-family:Arial;font-size:11pt;"> week fiscal reporting calendar with the last day of each reporting period ending on a Friday: </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;"> </font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt; width:100%;"><tr><td style="width:84px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:14pt;padding-left:72px;"><font style="font-family:Arial;font-size:14pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:14pt;"><font style="font-family:Arial;font-size:11pt;">The </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">third</font><font style="font-family:Arial;font-size:11pt;"> fiscal quarter of </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2011</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:Arial;font-size:11pt;"> consisted of </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">13</font><font style="font-family:Arial;font-size:11pt;"> weeks ending on </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">September 30, 2011</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">September 24, 2010</font><font style="font-family:Arial;font-size:11pt;">, respectively.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt; width:100%;"><tr><td style="width:84px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:14pt;padding-left:72px;"><font style="font-family:Arial;font-size:14pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:14pt;"><font style="font-family:Arial;font-size:11pt;">The </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">nine</font><font style="font-family:Arial;font-size:11pt;"> month periods of </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2011</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:Arial;font-size:11pt;"> consisted of </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">39</font><font style="font-family:Arial;font-size:11pt;"> weeks ending on </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">September 30, 2011</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">September 24, 2010</font><font style="font-family:Arial;font-size:11pt;">, respectively. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt; width:100%;"><tr><td style="width:84px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:14pt;padding-left:72px;"><font style="font-family:Arial;font-size:14pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:14pt;"><font style="font-family:Arial;font-size:11pt;">Fiscal year </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:Arial;font-size:11pt;"> consisted of </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">53</font><font style="font-family:Arial;font-size:11pt;"> weeks ending on </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">December 31, 2010</font><font style="font-family:Arial;font-size:11pt;">. Therefore, </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">fourth</font><font style="font-family:Arial;font-size:11pt;"> quarter </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:Arial;font-size:11pt;"> consisted of </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">14</font><font style="font-family:Arial;font-size:11pt;"> weeks. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt; width:100%;"><tr><td style="width:84px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:14pt;padding-left:72px;"><font style="font-family:Arial;font-size:14pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:14pt;"><font style="font-family:Arial;font-size:11pt;">Fiscal year </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2011</font><font style="font-family:Arial;font-size:11pt;"> will consist of </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">52</font><font style="font-family:Arial;font-size:11pt;"> weeks ending on </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">December 30, 2011</font><font style="font-family:Arial;font-size:11pt;">.        </font></div></td></tr></table><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Except as otherwise specified, references to “</font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">third</font><font style="font-family:Arial;font-size:11pt;"> quarter(s)” or “</font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">nine</font><font style="font-family:Arial;font-size:11pt;"> months” indicate CSX's fiscal periods ending </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">September 30, 2011</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">September 24, 2010</font><font style="font-family:Arial;font-size:11pt;">, and references to year-end indicate the fiscal year ended </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">December 31, 2010</font><font style="font-family:Arial;font-size:11pt;">.</font></div></div> | ||
| us-gaap |
Fuel Costs
FuelCosts
|
866000000 | USD | |
| us-gaap |
Fuel Costs
FuelCosts
|
1245000000 | USD | |
| CY2010Q3 | us-gaap |
Fuel Costs
FuelCosts
|
279000000 | USD |
| CY2011Q3 | us-gaap |
Fuel Costs
FuelCosts
|
412000000 | USD |
| CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
746000000 | USD |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1845000000 | USD | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2176000000 | USD | |
| CY2010Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
702000000 | USD |
| CY2010Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD |
| CY2011Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD |
| us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD | |
| us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
811000000 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
712000000 | USD | |
| CY2011Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
282000000 | USD |
| CY2010Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
288000000 | USD |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
117000000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
27000000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5000000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
149000000 | USD | |
| us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
150000000 | USD | |
| us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
83000000 | USD | |
| us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
44000000 | USD | |
| us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
37000000 | USD | |
| us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
97000000 | USD | |
| us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-14000000 | USD | |
| CY2010Q3 | us-gaap |
Interest Expense
InterestExpense
|
131000000 | USD |
| us-gaap |
Interest Expense
InterestExpense
|
412000000 | USD | |
| us-gaap |
Interest Expense
InterestExpense
|
408000000 | USD | |
| CY2011Q3 | us-gaap |
Interest Expense
InterestExpense
|
138000000 | USD |
| CY2011Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
765000000 | USD |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
2181000000 | USD | |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
2294000000 | USD | |
| CY2010Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
731000000 | USD |
| CY2010Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
90000000 | USD |
| us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
287000000 | USD | |
| us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
279000000 | USD | |
| CY2011Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
95000000 | USD |
| CY2011Q3 | us-gaap |
Liabilities
Liabilities
|
19980000000 | USD |
| CY2010Q4 | us-gaap |
Liabilities
Liabilities
|
19441000000 | USD |
| CY2010Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
28141000000 | USD |
| CY2011Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
28248000000 | USD |
| CY2010Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2537000000 | USD |
| CY2011Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2568000000 | USD |
| CY2010Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
8051000000 | USD |
| CY2011Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
8160000000 | USD |
| CY2010Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
613000000 | USD |
| CY2011Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
494000000 | USD |
| CY2010Q4 | us-gaap |
Materials Supplies And Other
MaterialsSuppliesAndOther
|
218000000 | USD |
| CY2011Q3 | us-gaap |
Materials Supplies And Other
MaterialsSuppliesAndOther
|
236000000 | USD |
| CY2011Q3 | us-gaap |
Minority Interest
MinorityInterest
|
12000000 | USD |
| CY2010Q4 | us-gaap |
Minority Interest
MinorityInterest
|
14000000 | USD |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1608000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1896000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1062000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1401000000 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
1133000000 | USD | |
| CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
464000000 | USD |
| CY2010Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
414000000 | USD |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2277000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2585000000 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
1365000000 | USD | |
| CY2011Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
23 | |
| CY2010Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
509000000 | USD |
| us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1579000000 | USD | |
| CY2011Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
562000000 | USD |
| us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1649000000 | USD | |
| CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
878000000 | USD |
| CY2010Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
825000000 | USD |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2225000000 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2577000000 | USD | |
| CY2011Q3 | us-gaap |
Other Additional Capital
OtherAdditionalCapital
|
0 | USD |
| CY2010Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
106000000 | USD |
| CY2011Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
112000000 | USD |
| CY2010Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
353000000 | USD |
| CY2011Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
361000000 | USD |
| CY2010Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
97000000 | USD |
| CY2011Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
101000000 | USD |
| CY2010Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1298000000 | USD |
| CY2011Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1283000000 | USD |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
11000000 | USD | |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
28000000 | USD | |
| CY2010Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
8000000 | USD |
| CY2011Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6000000 | USD |
| us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
80000000 | USD | |
| us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-6000000 | USD | |
| us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-41000000 | USD | |
| us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-35000000 | USD | |
| us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
1564000000 | USD | |
| us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
1123000000 | USD | |
| us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
354000000 | USD | |
| us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
275000000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1436000000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1103000000 | USD | |
| us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
600000000 | USD | |
| us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-10000000 | USD | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-128000000 | USD | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
27000000 | USD | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
21000000 | USD | |
| CY2010Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
32065000000 | USD |
| CY2011Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
33141000000 | USD |
| CY2010Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
23799000000 | USD |
| CY2011Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
24418000000 | USD |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
595000000 | USD | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
103000000 | USD | |
| CY2010Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
9087000000 | USD |
| CY2011Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
7944000000 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
7820000000 | USD | |
| CY2010Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2666000000 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
8792000000 | USD | |
| CY2011Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2963000000 | USD |
| CY2010Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
54000000 | USD |
| CY2011Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
61000000 | USD |
| CY2011Q3 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
22000000 | USD |
| CY2011Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8268000000 | USD |
| CY2010Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8700000000 | USD |
| CY2010Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
85000000 | USD |
| CY2011Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
129000000 | USD |
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
6000000 | shares | |
| CY2010Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
11000000 | shares |
| CY2011Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
6000000 | shares |
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
10000000 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1100000000 | shares | |
| CY2011Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1077000000 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1162000000 | shares | |
| CY2010Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1145000000 | shares |
| CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1071000000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1094000000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1152000000 | shares | |
| CY2010Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1134000000 | shares |
| CY2010Q4 | csx |
All Reserves Total Balance
AllReservesTotalBalance
|
678000000 | USD |
| CY2011Q3 | csx |
All Reserves Total Balance
AllReservesTotalBalance
|
634000000 | USD |
| CY2011Q3 | csx |
All Reserves Total Current Balance
AllReservesTotalCurrentBalance
|
200000000 | USD |
| CY2010Q4 | csx |
All Reserves Total Current Balance
AllReservesTotalCurrentBalance
|
176000000 | USD |
| CY2011Q3 | csx |
All Reserves Total Noncurrent Balance
AllReservesTotalNoncurrentBalance
|
434000000 | USD |
| CY2010Q4 | csx |
All Reserves Total Noncurrent Balance
AllReservesTotalNoncurrentBalance
|
502000000 | USD |
| csx |
Amortization Of Debt Discount Premimum And Other Activity
AmortizationOfDebtDiscountPremimumAndOtherActivity
|
-10000000 | USD | |
| CY2011Q3 | csx |
Casualty And Catastrophic Property Deductible
CasualtyAndCatastrophicPropertyDeductible
|
50000000 | USD |
| CY2011Q3 | csx |
Casualty And Non Catastrophic Property Deductible
CasualtyAndNonCatastrophicPropertyDeductible
|
25000000 | USD |
| CY2011Q3 | csx |
Current State And Local Tax Expense Benefit Per Share
CurrentStateAndLocalTaxExpenseBenefitPerShare
|
0.02 | |
| CY2011Q3 | csx |
Number Weeks Fiscal Quarter
NumberWeeksFiscalQuarter
|
13 | weeks |
| csx |
Number Weeks Fiscal Quarter
NumberWeeksFiscalQuarter
|
14 | weeks | |
| CY2010Q3 | csx |
Number Weeks Fiscal Quarter
NumberWeeksFiscalQuarter
|
13 | weeks |
| CY2011 | csx |
Number Weeks Fiscal Year Reporting Calendar
NumberWeeksFiscalYearReportingCalendar
|
52 | weeks |
| CY2010 | csx |
Number Weeks Fiscal Year Reporting Calendar
NumberWeeksFiscalYearReportingCalendar
|
53 | weeks |
| csx |
Number Weeks Year To Date
NumberWeeksYearToDate
|
39 | weeks | |
| csx |
Number Weeks Year To Date
NumberWeeksYearToDate
|
39 | weeks | |
| CY2011Q3 | csx |
Rail Route Miles Total
RailRouteMilesTotal
|
21000 | |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-30 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2011 | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2011-09-30 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000277948 | ||
| CY2011Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
1049953020 | shares |
| dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
CSX CORP |
