2023 Q1 Form 10-K Financial Statement

#000027794823000006 Filed on February 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $3.706B $3.730B $14.85B
YoY Change 8.58% 8.84% 18.62%
Cost Of Revenue $1.052B $1.110B $4.311B
YoY Change 4.57% 19.74% 41.44%
Gross Profit $2.654B $2.620B $10.54B
YoY Change 10.26% 4.8% 11.27%
Gross Profit Margin 71.61% 70.24% 70.98%
Selling, General & Admin $805.0M $823.0M $3.257B
YoY Change 1.64% 3.13% 11.77%
% of Gross Profit 30.33% 31.41% 30.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $393.0M $393.0M $1.500B
YoY Change 9.17% 9.17% 7.14%
% of Gross Profit 14.81% 15.0% 14.23%
Operating Expenses $1.198B $1.216B $4.757B
YoY Change 3.99% 5.01% 9.76%
Operating Profit $1.464B $1.404B $5.785B
YoY Change 14.2% 2.78% 3.41%
Interest Expense -$201.0M -$199.0M -$742.0M
YoY Change 12.29% 10.56% -10700.0%
% of Operating Profit -13.73% -14.17% -12.83%
Other Income/Expense, Net $41.00M $44.00M $133.0M
YoY Change 57.69% 131.58% 68.35%
Pretax Income $1.304B $1.304B $5.414B
YoY Change 15.5% 8.22% 8.28%
Income Tax $317.0M $286.0M $1.248B
% Of Pretax Income 24.31% 21.93% 23.05%
Net Earnings $987.0M $1.018B $4.166B
YoY Change 14.9% 8.99% 10.18%
Net Earnings / Revenue 26.63% 27.29% 28.05%
Basic Earnings Per Share $0.48 $1.95
Diluted Earnings Per Share $0.48 $488.2K $1.946M
COMMON SHARES
Basic Shares Outstanding 2.063B shares 2.136B shares
Diluted Shares Outstanding 2.058B shares 2.141B shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.469B $2.087B $2.087B
YoY Change -27.71% -9.89% -9.89%
Cash & Equivalents $1.291B $1.958B $1.958B
Short-Term Investments $178.0M $129.0M $129.0M
Other Short-Term Assets $115.0M $1.762B $1.762B
YoY Change 18.56% 2417.14% 2417.14%
Inventory $394.0M $341.0M $341.0M
Prepaid Expenses
Receivables $1.377B $1.313B $1.313B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.355B $3.849B $3.849B
YoY Change -10.7% -0.62% -0.62%
LONG-TERM ASSETS
Property, Plant & Equipment $34.29B $34.24B $34.24B
YoY Change 3.97% 3.72% 2.17%
Goodwill $319.0M
YoY Change 15.58%
Intangibles $183.0M
YoY Change 4.57%
Long-Term Investments $2.313B $2.292B $2.292B
YoY Change 7.93% 9.19% 9.19%
Other Assets $528.0M $1.529B $1.529B
YoY Change -14.7% 158.28% 158.28%
Total Long-Term Assets $38.12B $38.06B $38.06B
YoY Change 3.89% 3.83% 3.83%
TOTAL ASSETS
Total Short-Term Assets $3.355B $3.849B $3.849B
Total Long-Term Assets $38.12B $38.06B $38.06B
Total Assets $41.48B $41.91B $41.91B
YoY Change 2.54% 3.41% 3.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.203B $1.130B $1.130B
YoY Change 14.57% 17.34% 17.34%
Accrued Expenses $367.0M $707.0M $776.0M
YoY Change -32.91% 12.22% 11.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.00M $151.0M $151.0M
YoY Change -96.53% -16.57% -16.57%
Total Short-Term Liabilities $2.321B $2.471B $2.471B
YoY Change -9.86% 10.66% 10.66%
LONG-TERM LIABILITIES
Long-Term Debt $17.91B $17.90B $17.90B
YoY Change 11.81% 10.57% 10.57%
Other Long-Term Liabilities $542.0M $1.351B $1.351B
YoY Change 10.16% 169.12% 9.84%
Total Long-Term Liabilities $542.0M $19.25B $19.25B
YoY Change 10.16% 3734.06% 10.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.321B $2.471B $2.471B
Total Long-Term Liabilities $542.0M $19.25B $19.25B
Total Liabilities $29.14B $29.29B $29.29B
YoY Change 6.92% 8.35% 8.31%
SHAREHOLDERS EQUITY
Retained Earnings $10.09B $10.36B
YoY Change -10.56% -10.89%
Common Stock $2.620B $2.640B
YoY Change 15.06% 16.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.33B $12.63B $12.63B
YoY Change
Total Liabilities & Shareholders Equity $41.48B $41.91B $41.91B
YoY Change 2.54% 3.41% 3.41%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $987.0M $1.018B $4.166B
YoY Change 14.9% 8.99% 10.18%
Depreciation, Depletion And Amortization $393.0M $393.0M $1.500B
YoY Change 9.17% 9.17% 7.14%
Cash From Operating Activities $1.251B $1.364B $5.619B
YoY Change -3.7% 6.56% 10.2%
INVESTING ACTIVITIES
Capital Expenditures $443.0M -$696.0M -$2.133B
YoY Change 33.84% 21.89% -219.1%
Acquisitions $2.000M $227.0M
YoY Change -77.78% -58.04%
Other Investing Activities -$5.000M $209.0M $2.000M
YoY Change -129.41% 33.12% -50.0%
Cash From Investing Activities -$480.0M -$487.0M -$2.131B
YoY Change 30.43% 17.63% 13.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$1.021B -$4.731B
YoY Change -263.93%
Debt Paid & Issued, Net $142.0M $186.0M
YoY Change 2266.67% -56.34%
Cash From Financing Activities -$1.438B -1.230B -3.769B
YoY Change 16.53% 52.61% -8.34%
NET CHANGE
Cash From Operating Activities $1.251B 1.364B 5.619B
Cash From Investing Activities -$480.0M -487.0M -2.131B
Cash From Financing Activities -$1.438B -1.230B -3.769B
Net Change In Cash -$667.0M -353.0M -281.0M
YoY Change 120.13% -688.33% -68.43%
FREE CASH FLOW
Cash From Operating Activities $1.251B $1.364B $5.619B
Capital Expenditures $443.0M -$696.0M -$2.133B
Free Cash Flow $808.0M $2.060B $7.752B
YoY Change -16.53% 11.29% 134.34%

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CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2021 us-gaap Payments For Proceeds From Other Investing Activities
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Interest Paid Net
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CY2020 us-gaap Interest Paid Net
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CY2022 us-gaap Income Taxes Paid
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CY2021 us-gaap Income Taxes Paid
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CY2020 us-gaap Net Income Loss
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CY2020 us-gaap Comprehensive Income Net Of Tax
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CY2020 us-gaap Dividends Common Stock Cash
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CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Comprehensive Income Net Of Tax
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CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2021 us-gaap Dividends Common Stock Cash
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CY2021 us-gaap Stockholders Equity Other
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022 us-gaap Net Income Loss
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Comprehensive Income Net Of Tax
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CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2022 us-gaap Dividends Common Stock Cash
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CY2022 us-gaap Stock Issued During Period Shares Acquisitions
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CY2022 us-gaap Stock Issued During Period Value Acquisitions
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CY2022 us-gaap Stock Issued During Period Value Acquisitions
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CY2022 us-gaap Stockholders Equity Other
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CY2022Q4 us-gaap Number Of States In Which Entity Operates
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q4 csx Rail Route Network Distance
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20000 mi
CY2022Q4 csx Number Of Ocean River And Lake Ports Serviced
NumberOfOceanRiverAndLakePortsServiced
70 port_terminal
CY2022Q4 csx Number Of Short Line And Regional Railroads Served
NumberOfShortLineAndRegionalRailroadsServed
240 railroad
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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14900000000 usd
CY2022 csx Number Of Primary Lines Of Business
NumberOfPrimaryLinesOfBusiness
4 line_of_business
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 operatingsegment
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 site
CY2022Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
22500 employee
CY2022 csx Number Of Union Employees
NumberOfUnionEmployees
17100 employee
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">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. Actual results may differ from those estimates. Critical accounting estimates using management judgment are made for the following areas:</span></div><div style="margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%;padding-left:14.15pt">personal injury and environmental reserves (see Note 5, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Casualty, Environmental and Other Reserves</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">);</span></div><div style="margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%;padding-left:14.15pt">pension plan accounting (see Note 9, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Employee Benefit Plans</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">);</span></div><div style="margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%;padding-left:14.15pt">depreciation policies for assets under the group-life method (see Note 6, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Properties</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">); and</span></div><div style="margin-top:3pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%;padding-left:14.15pt">goodwill and other intangible assets (see Note 17, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Business Combinations</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%"> and Note 18, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:120%">Goodwill and Other Intangibles</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">).</span></div>
CY2022 us-gaap Fiscal Period
FiscalPeriod
The Company's fiscal periods are based upon the calendar year. Except as otherwise specified, references to full years indicate CSX’s fiscal years ended on December 31, 2022, December 31, 2021, and December 31, 2020.
CY2022 csx Cost Method Investment Maximum Percentage For Treatment
CostMethodInvestmentMaximumPercentageForTreatment
0.20
CY2022 us-gaap Net Income Loss
NetIncomeLoss
4166000000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
3781000000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
2765000000 usd
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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0 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
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2765000000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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2136000000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2250000000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2300000000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2141000000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2255000000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2305000000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.95
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.68
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.95
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.68
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2020 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
22.90
CY2022 us-gaap Stock Repurchased And Retired During Period Shares
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151000000 shares
CY2021 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
90000000 shares
CY2020 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
38000000 shares
CY2022 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
31.25
CY2021 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
31.91
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
5400000000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
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2066000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2066000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022 csx Common Stock Votes Per Share
CommonStockVotesPerShare
1
CY2021Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
3
CY2021Q2 csx Stockholders Equity Note Stock Split Number Of Additional Shares
StockholdersEquityNoteStockSplitNumberOfAdditionalShares
2 shares
CY2021Q2 us-gaap Additional Paid In Capital Common Stock
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0 usd
CY2021Q2 us-gaap Additional Paid In Capital Common Stock
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CY2022 us-gaap Allocated Share Based Compensation Expense
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74000000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
107000000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29000000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
17000000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
23000000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2022 csx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Observed Historical Volatility Of Daily Stock Returns Period Prior To Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateObservedHistoricalVolatilityOfDailyStockReturnsPeriodPriorToGrant
P3Y
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
12512000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.42
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
35.12
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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30000000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
123000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
30.19
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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21.53
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
13400000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.03
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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100000000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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93000000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2022 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2020 us-gaap Proceeds From Stock Options Exercised
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CY2019Q4 us-gaap Loss Contingency Accrual At Carrying Value
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CY2020 us-gaap Loss Contingency Accrual Provision
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CY2020 us-gaap Loss Contingency Accrual Payments
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CY2020Q4 us-gaap Loss Contingency Accrual At Carrying Value
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314000000 usd
CY2021 us-gaap Loss Contingency Accrual Provision
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CY2021 us-gaap Loss Contingency Accrual Payments
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CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
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CY2022 us-gaap Loss Contingency Accrual Provision
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CY2022 us-gaap Loss Contingency Accrual Payments
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CY2022Q4 us-gaap Loss Contingency Accrual At Carrying Value
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CY2022Q4 us-gaap Loss Contingency Accrual Carrying Value Current
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144000000 usd
CY2022Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
292000000 usd
CY2022Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
436000000 usd
CY2021Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
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CY2021Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
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CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2022Q4 us-gaap Property Plant And Equipment Net
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CY2021Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2021Q4 us-gaap Property Plant And Equipment Net
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CY2022Q4 csx Percentage Of Labor Cost Rail Installation Deconstruction Of Old Track
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CY2022Q4 csx Percentage Of Labor Cost Rail Installation Installation Of New Track
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CY2022Q4 csx Percentage Of Assets Depreciated Under Group Life Method
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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CY2022 us-gaap Depreciation
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CY2020 us-gaap Depreciation
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CY2021 us-gaap Depreciation
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CY2022 us-gaap Gain Loss On Disposition Of Assets
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CY2021 us-gaap Gain Loss On Disposition Of Assets
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CY2020 us-gaap Gain Loss On Disposition Of Assets
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CY2022 us-gaap Asset Impairment Charges
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CY2021 us-gaap Asset Impairment Charges
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CY2020 us-gaap Asset Impairment Charges
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CY2022 us-gaap Government Assistance Amount
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CY2021 us-gaap Government Assistance Amount
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CY2022 csx Government Assistance Non Freight Accounts Receivable
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CY2021 csx Government Assistance Non Freight Accounts Receivable
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Operating Lease Liability Current
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CY2021Q4 us-gaap Operating Lease Liability Current
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
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CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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CY2022Q4 us-gaap Operating Lease Liability
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CY2021Q4 us-gaap Operating Lease Liability
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022 us-gaap Operating Lease Payments
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CY2021 us-gaap Operating Lease Payments
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CY2022 us-gaap Operating Lease Cost
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CY2021 us-gaap Operating Lease Cost
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CY2020 us-gaap Operating Lease Cost
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CY2022 us-gaap Cost Maintenance
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CY2021 us-gaap Cost Maintenance
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CY2020 us-gaap Cost Maintenance
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CY2022 csx Number Of Locomotives Under Long Term Maintenance Plan
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CY2021 csx Number Of Locomotives Under Long Term Maintenance Plan
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1863 locomotive
CY2020 csx Number Of Locomotives Under Long Term Maintenance Plan
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CY2022Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
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330000000 usd
CY2022Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
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347000000 usd
CY2022Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
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368000000 usd
CY2022Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
256000000 usd
CY2022Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
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346000000 usd
CY2022Q4 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
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CY2022Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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CY2022Q4 csx Casualty And Non Catastrophic Property Deductible
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CY2022Q4 csx Casualty And Catastrophic Property Deductible
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CY2021 us-gaap Defined Benefit Plan Contributions By Employer
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CY2020 us-gaap Defined Benefit Plan Contributions By Employer
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CY2022 us-gaap Defined Benefit Plan Contributions By Employer
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CY2022Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
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CY2022 csx Percentage Within Which Plan Assets Investment Are Managed
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CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2022Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2021Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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CY2022 csx Defined Benefit Plan Service Cost Capitalized
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CY2021 csx Defined Benefit Plan Service Cost Capitalized
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CY2022Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
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CY2022Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
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205000000 usd
CY2022Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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CY2022Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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195000000 usd
CY2022Q4 us-gaap Lessee Finance Lease Discount Rate
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CY2022Q4 us-gaap Finance Lease Liability
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CY2021Q4 us-gaap Finance Lease Liability
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CY2022Q4 us-gaap Debt And Capital Lease Obligations
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CY2021Q4 us-gaap Debt And Capital Lease Obligations
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CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
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CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
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CY2021Q4 us-gaap Debt Instrument Face Amount
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CY2022Q4 csx Long Term Debt And Finance Lease Maturity Year One
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CY2022Q4 csx Long Term Debt And Finance Lease Maturity Year Two
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CY2022Q4 csx Long Term Debt And Finance Lease Maturity Year Three
LongTermDebtAndFinanceLeaseMaturityYearThree
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CY2022Q4 csx Long Term Debt And Finance Lease Maturity Year Four
LongTermDebtAndFinanceLeaseMaturityYearFour
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CY2022Q4 csx Long Term Debt And Finance Lease Maturity Year Five
LongTermDebtAndFinanceLeaseMaturityYearFive
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CY2022Q4 csx Long Term Debt And Finance Lease Maturity After Year Five
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CY2022Q4 us-gaap Debt And Capital Lease Obligations
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022 csx Contract With Customer Timing Of Satisfaction Of Performance Obligation Payment Period
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CY2022Q4 us-gaap Accounts Receivable Net
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CY2021Q4 us-gaap Accounts Receivable Net
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Tax Adjustments Settlements And Unusual Provisions
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CY2021 us-gaap Tax Adjustments Settlements And Unusual Provisions
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CY2020 us-gaap Tax Adjustments Settlements And Unusual Provisions
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2022 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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