2014 Q2 Form 10-Q Financial Statement
#000027794814000031 Filed on July 15, 2014
Income Statement
| Concept | 2014 Q2 | 2013 Q2 |
|---|---|---|
| Revenue | $3.244B | $3.046B |
| YoY Change | 6.5% | 2.01% |
| Cost Of Revenue | $1.037B | $957.0M |
| YoY Change | 8.36% | -0.31% |
| Gross Profit | $2.207B | $2.089B |
| YoY Change | 5.65% | 1.8% |
| Gross Profit Margin | 68.03% | 68.58% |
| Selling, General & Admin | $923.0M | $873.0M |
| YoY Change | 5.73% | 3.19% |
| % of Gross Profit | 41.82% | 41.79% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $287.0M | $276.0M |
| YoY Change | 3.99% | 4.94% |
| % of Gross Profit | 13.0% | 13.21% |
| Operating Expenses | $1.210B | $1.149B |
| YoY Change | 5.31% | 3.61% |
| Operating Profit | $997.0M | $940.0M |
| YoY Change | 6.06% | 2.51% |
| Interest Expense | $135.0M | $140.0M |
| YoY Change | -3.57% | 0.72% |
| % of Operating Profit | 13.54% | 14.89% |
| Other Income/Expense, Net | -$12.00M | $9.000M |
| YoY Change | -233.33% | 80.0% |
| Pretax Income | $850.0M | $809.0M |
| YoY Change | 5.07% | 0.0% |
| Income Tax | $321.0M | $288.0M |
| % Of Pretax Income | 37.76% | 35.6% |
| Net Earnings | $529.0M | $521.0M |
| YoY Change | 1.54% | 5.04% |
| Net Earnings / Revenue | 16.31% | 17.1% |
| Basic Earnings Per Share | $0.53 | $0.51 |
| Diluted Earnings Per Share | $0.53 | $0.51 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.003B shares | 1.022B shares |
| Diluted Shares Outstanding | 1.003B shares | 1.023B shares |
Balance Sheet
| Concept | 2014 Q2 | 2013 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $789.0M | $1.017B |
| YoY Change | -22.42% | 48.9% |
| Cash & Equivalents | $573.0M | $614.0M |
| Short-Term Investments | $216.0M | $403.0M |
| Other Short-Term Assets | $123.0M | $118.0M |
| YoY Change | 4.24% | -5.6% |
| Inventory | $275.0M | $264.0M |
| Prepaid Expenses | ||
| Receivables | $1.062B | $946.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $2.372B | $2.489B |
| YoY Change | -4.7% | 4.93% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $27.69B | $26.60B |
| YoY Change | 4.08% | 3.77% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $1.331B | $1.228B |
| YoY Change | 8.39% | 3.8% |
| Other Assets | $587.0M | $565.0M |
| YoY Change | 3.89% | 40.55% |
| Total Long-Term Assets | $29.60B | $28.39B |
| YoY Change | 4.27% | 4.32% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $2.372B | $2.489B |
| Total Long-Term Assets | $29.60B | $28.39B |
| Total Assets | $31.98B | $30.88B |
| YoY Change | 3.54% | 4.37% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $900.0M | $1.022B |
| YoY Change | -11.94% | -3.13% |
| Accrued Expenses | $490.0M | $452.0M |
| YoY Change | 8.41% | 4.15% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $899.0M | $564.0M |
| YoY Change | 59.4% | 11.02% |
| Total Short-Term Liabilities | $2.797B | $2.418B |
| YoY Change | 15.67% | -6.1% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $8.410B | $8.811B |
| YoY Change | -4.55% | 2.68% |
| Other Long-Term Liabilities | $847.0M | $1.378B |
| YoY Change | -38.53% | 4.79% |
| Total Long-Term Liabilities | $847.0M | $1.378B |
| YoY Change | -38.53% | 4.79% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.797B | $2.418B |
| Total Long-Term Liabilities | $847.0M | $1.378B |
| Total Liabilities | $21.07B | $21.22B |
| YoY Change | -0.7% | 2.54% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $10.30B | $9.482B |
| YoY Change | 8.67% | 9.25% |
| Common Stock | $1.070B | $1.063B |
| YoY Change | 0.66% | 1.14% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $10.88B | $9.643B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $31.98B | $30.88B |
| YoY Change | 3.54% | 4.37% |
Cashflow Statement
| Concept | 2014 Q2 | 2013 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $529.0M | $521.0M |
| YoY Change | 1.54% | 5.04% |
| Depreciation, Depletion And Amortization | $287.0M | $276.0M |
| YoY Change | 3.99% | 4.94% |
| Cash From Operating Activities | $846.0M | $848.0M |
| YoY Change | -0.24% | 0.12% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$481.0M | -$594.0M |
| YoY Change | -19.02% | -21.22% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $58.00M | -$62.00M |
| YoY Change | -193.55% | -160.78% |
| Cash From Investing Activities | -$423.0M | -$656.0M |
| YoY Change | -35.52% | 0.61% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $130.0M | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -325.0M | -283.0M |
| YoY Change | 14.84% | 57.22% |
| NET CHANGE | ||
| Cash From Operating Activities | 846.0M | 848.0M |
| Cash From Investing Activities | -423.0M | -656.0M |
| Cash From Financing Activities | -325.0M | -283.0M |
| Net Change In Cash | 98.00M | -91.00M |
| YoY Change | -207.69% | -706.67% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $846.0M | $848.0M |
| Capital Expenditures | -$481.0M | -$594.0M |
| Free Cash Flow | $1.327B | $1.442B |
| YoY Change | -7.98% | -9.93% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| dei |
Amendment Flag
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Q2 | ||
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Additional Paid In Capital Common Stock
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">Fiscal Year</font></div><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;">/53 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;"><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;">second</font><font style="font-family:Arial;font-size:11pt;"> fiscal quarters of </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2013</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;">June 27, 2014</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">June 28, 2013</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;"><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;">2014</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">2013</font><font style="font-family:Arial;font-size:11pt;"> will each 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 26, 2014</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">December 27, 2013</font><font style="font-family:Arial;font-size:11pt;">, respectively.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">    </font></div><div style="line-height:120%;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;">second</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;">six</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;">June 27, 2014</font><font style="font-family:Arial;font-size:11pt;"> and </font><font style="font-family:Arial;font-size:11pt;color:#000000;text-decoration:none;">June 28, 2013</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 27, 2013</font><font style="font-family:Arial;font-size:11pt;">.</font></div></div> | ||
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0 | USD |
| us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD | |
| us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD | |
| CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
288000000 | USD |
| CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
321000000 | USD |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
529000000 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
556000000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-50000000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
25000000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-7000000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
60000000 | USD | |
| us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
114000000 | USD | |
| us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
33000000 | USD | |
| us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
31000000 | USD | |
| us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
60000000 | USD | |
| us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-79000000 | USD | |
| us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-28000000 | USD | |
| us-gaap |
Interest Expense
InterestExpense
|
275000000 | USD | |
| us-gaap |
Interest Expense
InterestExpense
|
287000000 | USD | |
| CY2013Q2 | us-gaap |
Interest Expense
InterestExpense
|
140000000 | USD |
| CY2014Q2 | us-gaap |
Interest Expense
InterestExpense
|
135000000 | USD |
| CY2013Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
777000000 | USD |
| CY2014Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
809000000 | USD |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1544000000 | USD | |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1623000000 | USD | |
| CY2014Q2 | us-gaap |
Liabilities
Liabilities
|
21071000000 | USD |
| CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
21278000000 | USD |
| CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
31782000000 | USD |
| CY2014Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
31975000000 | USD |
| CY2014Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2797000000 | USD |
| CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2424000000 | USD |
| CY2014Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
899000000 | USD |
| CY2013Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
151000000 | USD |
| CY2014Q2 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
151000000 | USD |
| CY2014Q2 | us-gaap |
Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
|
289000000 | USD |
| CY2013Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
|
300000000 | USD |
| CY2014Q2 | us-gaap |
Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
|
30000000 | USD |
| CY2014Q2 | us-gaap |
Loss Contingency Range Of Possible Loss Minimum
LossContingencyRangeOfPossibleLossMinimum
|
3000000 | USD |
| CY2013Q4 | us-gaap |
Materials Supplies And Other
MaterialsSuppliesAndOther
|
252000000 | USD |
| CY2014Q2 | us-gaap |
Materials Supplies And Other
MaterialsSuppliesAndOther
|
275000000 | USD |
| CY2013Q4 | us-gaap |
Minority Interest
MinorityInterest
|
21000000 | USD |
| CY2014Q2 | us-gaap |
Minority Interest
MinorityInterest
|
22000000 | USD |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-828000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-814000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-921000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-650000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1579000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1445000000 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
983000000 | USD | |
| CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
521000000 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
927000000 | USD | |
| CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
529000000 | USD |
| CY2014Q2 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
23 | states |
| CY2014Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
621000000 | USD |
| CY2013Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
560000000 | USD |
| us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1067000000 | USD | |
| us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1250000000 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1736000000 | USD | |
| CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
997000000 | USD |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1820000000 | USD | |
| CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
940000000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
64000000 | USD |
| CY2014Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
123000000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
591000000 | USD |
| CY2014Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
587000000 | USD |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
31000000 | USD | |
| CY2014Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
128000000 | USD |
| us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
13000000 | USD | |
| CY2013Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
105000000 | USD |
| CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
870000000 | USD |
| CY2014Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
847000000 | USD |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6000000 | USD | |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-5000000 | USD | |
| CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
9000000 | USD |
| CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-12000000 | USD |
| us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-61000000 | USD | |
| us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
1000000 | USD | |
| us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
50000000 | USD | |
| us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-20000000 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
257000000 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
95000000 | USD | |
| CY2014Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
131000000 | USD |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
311000000 | USD | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
296000000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1085000000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
956000000 | USD | |
| us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
360000000 | USD | |
| us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
690000000 | USD | |
| us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-style:italic;">Revision of Prior Period Financial Statements</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">During 2013, CSX completed a review of certain accounts receivable balances which resulted in an adjustment to previously reported revenue. This review identified certain immaterial differences between estimated and actual revenue. For information related to this prior period revision, see CSX's most recent annual report on Form 10-K.</font></div></div> | ||
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
9000000 | USD | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-2000000 | USD | |
| us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
646000000 | USD | |
| us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
904000000 | USD | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9000000 | USD | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD | |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
37184000000 | USD |
| CY2014Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
38010000000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
27291000000 | USD |
| CY2014Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
27685000000 | USD |
| us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-44000000 | USD | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
455000000 | USD | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
244000000 | USD | |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
9936000000 | USD |
| CY2014Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
10304000000 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6256000000 | USD | |
| CY2013Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3046000000 | USD |
| CY2014Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3244000000 | USD |
| CY2014Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
4000000 | shares |
| CY2014Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
10904000000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
10504000000 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6009000000 | USD | |
| CY2013Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
487000000 | USD |
| CY2014Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
216000000 | USD |
| CY2013Q2 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
1000000000 | USD |
| csx |
Numberofmilespertainingto Passaic Rivertidalreachrequiredtobestudiedby Epa
NumberofmilespertainingtoPassaicRivertidalreachrequiredtobestudiedbyEPA
|
17 | mi | |
| CY2014Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
229000000 | USD |
| CY2013Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
91000000 | USD |
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares | |
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares | |
| CY2014Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
| CY2013Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | shares |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1023000000 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1006000000 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1023000000 | shares | |
| CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1003000000 | shares |
| CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1003000000 | shares |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1022000000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1005000000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1022000000 | shares | |
| CY2005 | csx |
Additional Companies Involvedin Passaic River Complaint
AdditionalCompaniesInvolvedinPassaicRiverComplaint
|
5 | company |
| csx |
Amortizationof Debt Discount Premiumand Other Activity
AmortizationofDebtDiscountPremiumandOtherActivity
|
-2000000 | USD | |
| CY2014Q2 | csx |
Casualty And Catastrophic Property Deductible
CasualtyAndCatastrophicPropertyDeductible
|
50000000 | USD |
| CY2014Q2 | csx |
Casualty And Non Catastrophic Property Deductible
CasualtyAndNonCatastrophicPropertyDeductible
|
25000000 | USD |
| CY2013Q2 | csx |
Csx Current State And Local Tax Expense Benefit Per Share
Csx_CurrentStateAndLocalTaxExpenseBenefitPerShare
|
0.02 | |
| CY2014Q2 | csx |
Equipmentand Other Rents
EquipmentandOtherRents
|
114000000 | USD |
| csx |
Equipmentand Other Rents
EquipmentandOtherRents
|
215000000 | USD | |
| csx |
Equipmentand Other Rents
EquipmentandOtherRents
|
191000000 | USD | |
| CY2013Q2 | csx |
Equipmentand Other Rents
EquipmentandOtherRents
|
96000000 | USD |
| CY2007Q2 | csx |
Loss Contingency Claims Filed Number Of Entities
LossContingencyClaimsFiledNumberOfEntities
|
3 | entity |
| csx |
Number Of Potentially Responsible Parties In Connection With Environmental Liabilities For Operations Conducted Near Passaic River
NumberOfPotentiallyResponsiblePartiesInConnectionWithEnvironmentalLiabilitiesForOperationsConductedNearPassaicRiver
|
70 | company | |
| CY2013Q2 | csx |
Numberof Weeks Fiscal Quarter
NumberofWeeksFiscalQuarter
|
P91D | |
| CY2014Q2 | csx |
Numberof Weeks Fiscal Quarter
NumberofWeeksFiscalQuarter
|
P91D | |
| csx |
Numberof Weeks Fiscal Quarter Ytd
NumberofWeeksFiscalQuarterYTD
|
P182D | ||
| csx |
Numberof Weeks Fiscal Quarter Ytd
NumberofWeeksFiscalQuarterYTD
|
P182D | ||
| csx |
Numberof Weeks Fiscal Year Reporting Calendar
NumberofWeeksFiscalYearReportingCalendar
|
P364D | ||
| csx |
Numberof Weeks Fiscal Year Reporting Calendar
NumberofWeeksFiscalYearReportingCalendar
|
P364D | ||
| CY2005 | csx |
Numberofmilespertainingto Passaic Rivertidalreachrequiredtobestudiedby Epa
NumberofmilespertainingtoPassaicRivertidalreachrequiredtobestudiedbyEPA
|
17 | mi |
| CY2014Q2 | csx |
Rail Route Network Distance
RailRouteNetworkDistance
|
21000 | mi |
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-06-27 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000277948 | ||
| CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
999572416 | shares |
| dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
CSX CORP |
