2018 Form 10-K Financial Statement

#000027794819000011 Filed on February 06, 2019

View on sec.gov

Income Statement

Concept 2018 2017 Q4 2017 Q3
Revenue $12.25B $2.863B $2.743B
YoY Change 7.38% -5.73% 1.22%
Cost Of Revenue $3.013B $783.0M $721.0M
YoY Change 1.21% 10.28% 5.87%
Gross Profit $9.237B $2.080B $2.022B
YoY Change 9.56% -10.61% -0.34%
Gross Profit Margin 75.4% 72.65% 73.71%
Selling, General & Admin $3.133B $844.0M $814.0M
YoY Change -7.17% -13.44% -6.11%
% of Gross Profit 33.92% 40.58% 40.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.300B $337.0M $331.0M
YoY Change -1.14% -3.16% 3.12%
% of Gross Profit 14.07% 16.2% 16.37%
Operating Expenses $7.381B $1.181B $1.875B
YoY Change -3.99% -10.73% 0.32%
Operating Profit $4.869B $1.126B $868.0M
YoY Change 30.89% 12.15% 3.21%
Interest Expense $32.00M $79.00M $132.0M
YoY Change -94.14% -150.64% -5.04%
% of Operating Profit 0.66% 7.02% 15.21%
Other Income/Expense, Net $74.00M $34.00M $14.00M
YoY Change 39.62% 88.89% 7.69%
Pretax Income $4.300B $983.0M $750.0M
YoY Change 36.86% 30.89% 4.9%
Income Tax $995.0M $349.0M $291.0M
% Of Pretax Income 23.14% 35.5% 38.8%
Net Earnings $3.309B $4.140B $459.0M
YoY Change -39.52% 803.93% 0.88%
Net Earnings / Revenue 27.01% 144.6% 16.73%
Basic Earnings Per Share $3.86 $4.63 $0.51
Diluted Earnings Per Share $3.84 $4.62 $0.51
COMMON SHARES
Basic Shares Outstanding 857.0M shares 902.0M shares
Diluted Shares Outstanding 861.0M shares 906.0M shares

Balance Sheet

Concept 2018 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.111B $419.0M $704.0M
YoY Change 165.16% -58.92% -6.75%
Cash & Equivalents $858.0M $401.0M $591.0M
Short-Term Investments $253.0M $18.00M $113.0M
Other Short-Term Assets $181.0M $154.0M $95.00M
YoY Change 17.53% 26.23% 10.47%
Inventory $263.0M $372.0M $392.0M
Prepaid Expenses
Receivables $1.010B $970.0M $981.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.565B $1.915B $2.172B
YoY Change 33.94% -23.0% 0.42%
LONG-TERM ASSETS
Property, Plant & Equipment $32.00B $31.76B $31.58B
YoY Change 0.74% 1.97% 2.59%
Goodwill $63.00M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $1.779B $1.686B $1.506B
YoY Change 5.52% 15.56% 5.09%
Other Assets $387.0M $374.0M $316.0M
YoY Change 3.48% 17.61% 4.29%
Total Long-Term Assets $34.16B $33.82B $33.40B
YoY Change 1.01% 2.72% 2.72%
TOTAL ASSETS
Total Short-Term Assets $2.565B $1.915B $2.172B
Total Long-Term Assets $34.16B $33.82B $33.40B
Total Assets $36.73B $35.74B $35.57B
YoY Change 2.77% 0.92% 2.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $949.0M $847.0M $905.0M
YoY Change 12.04% 5.09% 5.36%
Accrued Expenses $550.0M $602.0M $601.0M
YoY Change -8.64% 10.46% 33.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $18.00M $19.00M $19.00M
YoY Change -5.26% -94.26% -96.99%
Total Short-Term Liabilities $1.915B $1.894B $2.075B
YoY Change 1.11% -7.16% -8.31%
LONG-TERM LIABILITIES
Long-Term Debt $14.74B $11.79B $11.79B
YoY Change 25.01% 7.55% 19.22%
Other Long-Term Liabilities $805.0M $650.0M $766.0M
YoY Change -12.12% -24.68% -30.68%
Total Long-Term Liabilities $15.54B $650.0M $766.0M
YoY Change 22.34% -24.68% -30.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.915B $1.894B $2.075B
Total Long-Term Liabilities $15.54B $650.0M $766.0M
Total Liabilities $24.17B $21.02B $24.67B
YoY Change 14.89% -11.39% 7.21%
SHAREHOLDERS EQUITY
Retained Earnings $14.08B $10.33B
YoY Change 25.16% -8.07%
Common Stock $1.107B $1.121B
YoY Change 3.85% 5.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.56B $14.71B $10.89B
YoY Change
Total Liabilities & Shareholders Equity $36.73B $35.74B $35.57B
YoY Change 2.77% 0.92% 2.57%

Cashflow Statement

Concept 2018 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $3.309B $4.140B $459.0M
YoY Change -39.52% 803.93% 0.88%
Depreciation, Depletion And Amortization $1.300B $337.0M $331.0M
YoY Change -1.14% -3.16% 3.12%
Cash From Operating Activities $4.641B $611.0M $1.295B
YoY Change 33.67% 10.49% 44.53%
INVESTING ACTIVITIES
Capital Expenditures $1.745B -$578.0M -$507.0M
YoY Change -14.46% -28.47% -3.24%
Acquisitions
YoY Change
Other Investing Activities $27.00M $162.0M $395.0M
YoY Change -172.97% -267.01% 252.68%
Cash From Investing Activities -$1.684B -$416.0M -$112.0M
YoY Change 12.64% -54.03% -72.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.671B $1.000B
YoY Change 137.11% 280.23%
Debt Paid & Issued, Net $19.00M
YoY Change -94.29%
Cash From Financing Activities -$2.500B -385.0M -1.212B
YoY Change 14.73% -209.38% 171.14%
NET CHANGE
Cash From Operating Activities $4.641B 611.0M 1.295B
Cash From Investing Activities -$1.684B -416.0M -112.0M
Cash From Financing Activities -$2.500B -385.0M -1.212B
Net Change In Cash $457.0M -190.0M -29.00M
YoY Change -326.24% -178.38%
FREE CASH FLOW
Cash From Operating Activities $4.641B $611.0M $1.295B
Capital Expenditures $1.745B -$578.0M -$507.0M
Free Cash Flow $2.896B $1.189B $1.802B
YoY Change 102.23% -12.64% 26.9%

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DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
2337000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
2542000000 USD
CY2018 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
-102000000 USD
CY2017Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2018Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
35000000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
39000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
41000000 USD
CY2016 us-gaap Depreciation
Depreciation
1301000000 USD
CY2017 us-gaap Depreciation
Depreciation
1315000000 USD
CY2018 us-gaap Depreciation
Depreciation
1331000000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
680000000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
708000000 USD
CY2018 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
751000000 USD
CY2017Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2018Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2017Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2018Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.81
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.63
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.01
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.86
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.81
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.62
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.99
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.84
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.375
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.742
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.231
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-1.116
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.005
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.008
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.005
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.032
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.026
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
602000000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
550000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
15000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
42000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
26000000 USD
CY2016 us-gaap Fuel Costs
FuelCosts
713000000 USD
CY2017 us-gaap Fuel Costs
FuelCosts
864000000 USD
CY2018 us-gaap Fuel Costs
FuelCosts
1046000000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
128000000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
18000000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
154000000 USD
CY2016 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
-115000000 USD
CY2017 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
0 USD
CY2018 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
0 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
128000000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
18000000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
154000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2741000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3142000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4304000000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
50000000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
219000000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
96000000 USD
CY2016 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2017 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2018 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2016Q4 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
2000000 USD
CY2017Q4 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
3000000 USD
CY2018Q4 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
-3000000 USD
CY2016Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
6000000 USD
CY2017Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
6000000 USD
CY2018Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
2000000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1027000000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2329000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
995000000 USD
CY2017Q4 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-3500000000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-3506000000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
959000000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1100000000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
904000000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-15000000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-25000000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
102000000 USD
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-21000000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
83000000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
112000000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
580000000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
911000000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
814000000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
40000000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
41000000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
104000000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-84000000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
70000000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
46000000 USD
CY2016 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
23000000 USD
CY2017 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
20000000 USD
CY2018 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-104000000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
113000000 USD
CY2017 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1000000 USD
CY2018 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-101000000 USD
CY2016 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
35000000 USD
CY2017 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
43000000 USD
CY2018 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-47000000 USD
CY2016 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-579000000 USD
CY2017 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-546000000 USD
CY2018 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-639000000 USD
CY2016 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
10000000 USD
CY2017 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
13000000 USD
CY2018 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
32000000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
606000000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
555000000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
614000000 USD
CY2016 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3135000000 USD
CY2017 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2946000000 USD
CY2018 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2738000000 USD
CY2018Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P50Y
CY2017Q4 us-gaap Liabilities
Liabilities
21018000000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
24149000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
35739000000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
36729000000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1894000000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1915000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
11790000000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
14739000000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
19000000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
18000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
12792000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
639000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
192000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
371000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
745000000 USD
CY2015Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
400000000 USD
CY2016Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
374000000 USD
CY2017Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
374000000 USD
CY2018Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
324000000 USD
CY2017Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
108000000 USD
CY2018Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
113000000 USD
CY2017Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
266000000 USD
CY2018Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
211000000 USD
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LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
-28000000 USD
CY2018 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
-26000000 USD
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LossContingencyAccrualPayments
126000000 USD
CY2017 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
114000000 USD
CY2018 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
122000000 USD
CY2016 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
128000000 USD
CY2017 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
114000000 USD
CY2018 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
98000000 USD
CY2017Q4 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
372000000 USD
CY2018Q4 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
263000000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
16000000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
17000000 USD
CY2016 us-gaap Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
35000000 USD
CY2017 us-gaap Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
40000000 USD
CY2018 us-gaap Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
30000000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1268000000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2179000000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2500000000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1798000000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1495000000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1684000000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3041000000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3472000000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4641000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
1714000000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
362000000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
510000000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
459000000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
4140000000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
5471000000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
695000000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
877000000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
843000000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
3309000000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1713000000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5470000000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3308000000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
894000000 USD
CY2016 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
24000000 USD
CY2017 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-32000000 USD
CY2018 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-38000000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
22000000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
53000000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
74000000 USD
CY2018Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
23 state
CY2016 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-13000000 USD
CY2017 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
161000000 USD
CY2018 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-119000000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
7656000000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
7688000000 USD
CY2018 us-gaap Operating Expenses
OperatingExpenses
7381000000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
3413000000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
769000000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
957000000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
868000000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1126000000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
3720000000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1044000000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1283000000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1293000000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1249000000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
4869000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1577000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
58000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
44000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
50000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
54000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
59000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1312000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
21000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
3000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
4000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
4000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
4000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
3000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
3000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
25000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
154000000 USD
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
161000000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
179000000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
650000000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
594000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-175000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
13000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
65000000 USD
CY2017Q4 us-gaap Other Assets Current
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154000000 USD
CY2018Q4 us-gaap Other Assets Current
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181000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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374000000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
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387000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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-19000000 USD
CY2016 us-gaap Other Cost And Expense Operating
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2092000000 USD
CY2017 us-gaap Other Cost And Expense Operating
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2113000000 USD
CY2018 us-gaap Other Cost And Expense Operating
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1967000000 USD
CY2016 us-gaap Other Nonoperating Income Expense
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9000000 USD
CY2017 us-gaap Other Nonoperating Income Expense
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8000000 USD
CY2018 us-gaap Other Nonoperating Income Expense
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4000000 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
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-20000000 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
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-17000000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
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-21000000 USD
CY2016 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-1000000 USD
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-1000000 USD
CY2018 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-1000000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
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-9000000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-37000000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
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27000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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1056000000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
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1970000000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4671000000 USD
CY2016 us-gaap Payments For Restructuring
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0 USD
CY2017 us-gaap Payments For Restructuring
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187000000 USD
CY2018 us-gaap Payments For Restructuring
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15000000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
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680000000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
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708000000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
751000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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2398000000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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2040000000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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1745000000 USD
CY2016 us-gaap Payments To Acquire Short Term Investments
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929000000 USD
CY2017 us-gaap Payments To Acquire Short Term Investments
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782000000 USD
CY2018 us-gaap Payments To Acquire Short Term Investments
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736000000 USD
CY2016 us-gaap Pension Contributions
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250000000 USD
CY2017 us-gaap Pension Contributions
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0 USD
CY2018 us-gaap Pension Contributions
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0 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
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2200000000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
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850000000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
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3000000000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
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-313000000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
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-18000000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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-59000000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
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195000000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
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97000000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
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319000000 USD
CY2016 us-gaap Proceeds From Sale Of Short Term Investments
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1325000000 USD
CY2017 us-gaap Proceeds From Sale Of Short Term Investments
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1193000000 USD
CY2018 us-gaap Proceeds From Sale Of Short Term Investments
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505000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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44324000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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44805000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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45000000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
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31764000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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31998000000 USD
CY2016 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
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-51000000 USD
CY2017 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-58000000 USD
CY2018 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-32000000 USD
CY2016 us-gaap Repayments Of Long Term Debt
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1419000000 USD
CY2017 us-gaap Repayments Of Long Term Debt
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333000000 USD
CY2018 us-gaap Repayments Of Long Term Debt
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19000000 USD
CY2016 us-gaap Restructuring Charges
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0 USD
CY2017 us-gaap Restructuring Charges
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240000000 USD
CY2018 us-gaap Restructuring Charges
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0 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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14084000000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
12157000000 USD
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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11069000000 USD
CY2017Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2869000000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2933000000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2743000000 USD
CY2017Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2863000000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11408000000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2876000000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3102000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3129000000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3143000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12250000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12300000000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
139000000 USD
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
50000000 USD
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y10M24D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y8M12D
CY2017Q4 us-gaap Short Term Investments
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18000000 USD
CY2018Q4 us-gaap Short Term Investments
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253000000 USD
CY2016 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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1000000 USD
CY2016 us-gaap Stock Repurchased And Retired During Period Shares
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38000000 shares
CY2017 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
39000000 shares
CY2018 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
72000000 shares
CY2016 us-gaap Stock Repurchased And Retired During Period Value
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1056000000 USD
CY2017 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1970000000 USD
CY2018 us-gaap Stock Repurchased And Retired During Period Value
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4671000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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11668000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11694000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14721000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12580000000 USD
CY2016 us-gaap Stockholders Equity Other
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-22000000 USD
CY2017 us-gaap Stockholders Equity Other
StockholdersEquityOther
-80000000 USD
CY2018 us-gaap Stockholders Equity Other
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-147000000 USD
CY2016 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-10000000 USD
CY2017 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-21000000 USD
CY2018 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-62000000 USD
CY2017Q4 us-gaap Taxes Payable Current
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157000000 USD
CY2018Q4 us-gaap Taxes Payable Current
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106000000 USD
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
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27.52
CY2017 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
50.80
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
64.64
CY2015Q4 us-gaap Unrecognized Tax Benefits
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23000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
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25000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
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24000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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12000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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4000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
11000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
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0 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
16000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
19000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
269000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
242000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
275000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
280000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
272000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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4037000000 USD
CY2018Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
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2699000000 USD
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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1000000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
948000000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
914000000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
861000000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
947000000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
911000000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
857000000 shares
CY2018 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;">Through the second quarter 2017, CSX followed a 52/53 week fiscal reporting calendar with the last day of each reporting period ending on a Friday. On July 7, 2017, the Board of Directors of CSX approved a change in the fiscal reporting calendar from a 52/53 week year ending on the last Friday of December to a calendar year ending on December 31 each year, effective beginning with fiscal third quarter 2017. Related to the change in the fiscal calendar:</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" 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:11pt;padding-left:24px;"><font style="font-family:Arial;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Year:</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2018 contained 365 days (January 1, 2018 through December 31, 2018)</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2017 contained 366 days (December 31, 2016 through December 31, 2017) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2016 contained 371 days (December 26, 2015 through December 30, 2016) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" 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:11pt;padding-left:24px;"><font style="font-family:Arial;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">First quarter: </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2018 contained 90 days (January 1, 2018 through March 31, 2018) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2017 contained 91 days (December 31, 2016 through March 31, 2017) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2016 contained 91 days (December 26, 2015 through March 25, 2016) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" 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:11pt;padding-left:24px;"><font style="font-family:Arial;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Second quarter: </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2018 contained 91 days (April 1, 2018 through June 30, 2018) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2017 contained 91 days (April 1, 2017 through June 30, 2017) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2016 contained 91 days (March 26, 2016 through June 24, 2016)</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" 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:11pt;padding-left:24px;"><font style="font-family:Arial;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Third quarter: </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2018 contained 92 days (July 1, 2018 through September 30, 2018)</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2017 contained 92 days (July 1, 2017 through September 30, 2017) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2016 contained 91 days (June 25, 2016 through September 23, 2016) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" 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:11pt;padding-left:24px;"><font style="font-family:Arial;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Fourth quarter: </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2018 contained 92 days (October 1, 2018 through December 31, 2018) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2017 contained 92 days (October 1, 2017 through December 31, 2017) </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;" 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:11pt;padding-left:72px;"><font style="font-family:Arial;font-size:11pt;">&#8211;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2016 contained 98 days (September 24, 2016 through December 30, 2016) </font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">NOTE 1.&#160;&#160;Nature of Operations and Significant Accounting Policies, </font><font style="font-family:Arial;font-size:11pt;font-style:italic;">continued</font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">This change did not materially impact comparability of the Company&#8217;s financial results for fiscal years 2017 and 2016. Accordingly, the change to a calendar fiscal year was made on a prospective basis and operating results for prior periods were not adjusted. The Company was not required to file a transition report because this change was not deemed a change in fiscal year for purposes of reporting subject to Rule 13a-10 or Rule 15d-10 of the Securities Exchange Act of 1934 as the new fiscal year commenced with the end of the prior fiscal year end and within seven days of the prior fiscal year end. Except as otherwise specified, references to full years indicate CSX&#8217;s fiscal years ended on December 31, 2018, December 31, 2017 and December 30, 2016.</font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<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;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires that management make estimates in reporting the amounts of certain assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of certain revenues and expenses during the reporting period.&#160;Actual results may differ from those estimates.&#160;Critical accounting estimates using management judgment are made for the following areas:</font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" 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:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">personal injury, environmental and legal reserves (see Note 5, </font><font style="font-family:Arial;font-size:11pt;font-style:italic;">Casualty, Environmental and Other Reserves</font><font style="font-family:Arial;font-size:11pt;">);</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:72px;" 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:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">pension and post-retirement medical plan accounting (see Note 8, </font><font style="font-family:Arial;font-size:11pt;font-style:italic;">Employee Benefit Plans</font><font style="font-family:Arial;font-size:11pt;">);</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:72px;" 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:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">depreciation policies for assets under the group-life method (see Note 6, </font><font style="font-family:Arial;font-size:11pt;font-style:italic;">Properties</font><font style="font-family:Arial;font-size:11pt;">); and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" 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:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">income taxes (see Note 11, </font><font style="font-family:Arial;font-size:11pt;font-style:italic;">Income Taxes</font><font style="font-family:Arial;font-size:11pt;">).</font></div></td></tr></table></div>

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