$NSC
NORFOLK SOUTHERN CORP Stock $nsc

$nsc Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000070216524000009 Filed on April 24, 2024

Income Statement

Concept	2024 Q1
Revenue	$3.004B
YoY Change	-4.09%
Cost Of Revenue	$1.655B
YoY Change	2.41%
Gross Profit	$1.349B
YoY Change	-11.02%
Gross Profit Margin	44.91%
Selling, General & Admin	$108.0M
YoY Change	11.34%
% of Gross Profit	8.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$337.0M
YoY Change	4.98%
% of Gross Profit	24.98%
Operating Expenses	$445.0M
YoY Change	6.46%
Operating Profit	$213.0M
YoY Change	-70.04%
Interest Expense	$201.0M
YoY Change	14.86%
% of Operating Profit	94.37%
Other Income/Expense, Net	$18.00M
YoY Change	-67.86%
Pretax Income	$30.00M
YoY Change	-94.93%
Income Tax	-$23.00M
% Of Pretax Income	-76.67%
Net Earnings	$53.00M
YoY Change	-88.63%
Net Earnings / Revenue	1.76%
Basic Earnings Per Share	$0.23
Diluted Earnings Per Share	$0.23
COMMON SHARES
Basic Shares Outstanding	225.9M shares
Diluted Shares Outstanding	226.2M shares

Balance Sheet

Concept	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$652.0M
YoY Change	18.12%
Cash & Equivalents	$652.0M
Short-Term Investments
Other Short-Term Assets	$236.0M
YoY Change	71.01%
Inventory	$270.0M
Prepaid Expenses
Receivables	$1.198B
Other Receivables	$0.00
Total Short-Term Assets	$2.356B
YoY Change	11.03%
LONG-TERM ASSETS
Property, Plant & Equipment	$35.05B
YoY Change	8.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$3.570B
YoY Change	-4.49%
Other Assets	$1.151B
YoY Change	7.67%
Total Long-Term Assets	$39.77B
YoY Change	7.36%
TOTAL ASSETS
Total Short-Term Assets	$2.356B
Total Long-Term Assets	$39.77B
Total Assets	$42.13B
YoY Change	7.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.506B
YoY Change	14.52%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$400.0M
YoY Change
Long-Term Debt Due	$404.0M
YoY Change	0.25%
Total Short-Term Liabilities	$3.447B
YoY Change	22.06%
LONG-TERM LIABILITIES
Long-Term Debt	$17.18B
YoY Change	17.79%
Other Long-Term Liabilities	$1.767B
YoY Change	-1.01%
Total Long-Term Liabilities	$1.767B
YoY Change	-1.01%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.447B
Total Long-Term Liabilities	$1.767B
Total Liabilities	$29.59B
YoY Change	11.91%
SHAREHOLDERS EQUITY
Retained Earnings	$10.44B
YoY Change	-2.38%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$12.54B
YoY Change
Total Liabilities & Shareholders Equity	$42.13B
YoY Change	7.55%

Cashflow Statement

Concept	2024 Q1
OPERATING ACTIVITIES
Net Income	$53.00M
YoY Change	-88.63%
Depreciation, Depletion And Amortization	$337.0M
YoY Change	4.98%
Cash From Operating Activities	$839.0M
YoY Change	-28.47%
INVESTING ACTIVITIES
Capital Expenditures	$557.0M
YoY Change	30.14%
Acquisitions
YoY Change
Other Investing Activities	-$324.0M
YoY Change	1805.88%
Cash From Investing Activities	-$1.844B
YoY Change	371.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$89.00M
YoY Change	-112.97%
NET CHANGE
Cash From Operating Activities	$839.0M
Cash From Investing Activities	-$1.844B
Cash From Financing Activities	$89.00M
Net Change In Cash	-$916.0M
YoY Change	-1054.17%
FREE CASH FLOW
Cash From Operating Activities	$839.0M
Capital Expenditures	$557.0M
Free Cash Flow	$282.0M
YoY Change	-62.15%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	736000000	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	690000000	usd
CY2024Q1	nsc	Purchased Services And Rents PurchasedServicesAndRents	528000000	usd
CY2023Q1	nsc	Purchased Services And Rents PurchasedServicesAndRents	496000000	usd
CY2023Q4	us-gaap	Long Term Investments LongTermInvestments	3839000000	usd
CY2024Q1	us-gaap	Fuel Costs FuelCosts	284000000	usd
CY2023Q1	us-gaap	Fuel Costs FuelCosts	315000000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	337000000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	321000000	usd
CY2024Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	215000000	usd
CY2023Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	212000000	usd
CY2024Q1	nsc	Restructuring And Other Charges RestructuringAndOtherCharges	99000000	usd
CY2023Q1	nsc	Restructuring And Other Charges RestructuringAndOtherCharges	0	usd
CY2024Q1	us-gaap	Unusual Or Infrequent Item Loss Gross UnusualOrInfrequentItemLossGross	592000000	usd
CY2023Q1	us-gaap	Unusual Or Infrequent Item Loss Gross UnusualOrInfrequentItemLossGross	387000000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	2791000000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	2421000000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	213000000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	711000000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	18000000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	56000000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	201000000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	175000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	30000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	592000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-23000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	126000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	53000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	466000000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.23
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.04
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.23
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.04
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	53000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	466000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent	2000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent	5000000	usd
CY2024Q1	us-gaap	Oci Equity Method Investment Before Tax Parent OciEquityMethodInvestmentBeforeTaxParent	0	usd
CY2023Q1	us-gaap	Oci Equity Method Investment Before Tax Parent OciEquityMethodInvestmentBeforeTaxParent	-1000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-2000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-6000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	-2000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-4000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	51000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	462000000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	652000000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1568000000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1198000000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1147000000	usd
CY2024Q1	us-gaap	Materials Supplies And Other MaterialsSuppliesAndOther	270000000	usd
CY2023Q4	us-gaap	Materials Supplies And Other MaterialsSuppliesAndOther	264000000	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	236000000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	292000000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	2356000000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	3271000000	usd
CY2024Q1	us-gaap	Long Term Investments LongTermInvestments	3570000000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	13462000000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	13265000000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	35051000000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	33326000000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1151000000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1216000000	usd
CY2024Q1	us-gaap	Assets Assets	42128000000	usd
CY2023Q4	us-gaap	Assets Assets	41652000000	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1506000000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1638000000	usd
CY2024Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	400000000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-56000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	839000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1173000000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	557000000	usd
CY2023Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	0	usd
CY2024Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	222000000	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	262000000	usd
CY2024Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1315000000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	728000000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	4000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	4000000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3447000000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2632000000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	17179000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	17175000000	usd
CY2024Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1767000000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1839000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	7199000000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	7225000000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	29592000000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	28871000000	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1.00
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1.00
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1350000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1350000000	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	225914028	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	225681254	shares
CY2024Q1	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	227000000	usd
CY2023Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	227000000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2188000000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2179000000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-322000000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-320000000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10443000000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10695000000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	12536000000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	12781000000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	42128000000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	41652000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	53000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	466000000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	337000000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	321000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-26000000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-15000000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	1000000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	4000000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	51000000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	22000000	usd
CY2024Q1	us-gaap	Increase Decrease In Materials And Supplies IncreaseDecreaseInMaterialsAndSupplies	6000000	usd
CY2023Q1	us-gaap	Increase Decrease In Materials And Supplies IncreaseDecreaseInMaterialsAndSupplies	9000000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-33000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-12000000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	560000000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	480000000	usd
CY2024Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-60000000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	428000000	usd
CY2024Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	1642000000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	0	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	32000000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	20000000	usd
CY2024Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	1000000	usd
CY2023Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	0	usd
CY2024Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-324000000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-17000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1844000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-391000000	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	305000000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	307000000	usd
CY2024Q1	nsc	Common Stock Transactions CommonStockTransactions	-6000000	usd
CY2023Q1	nsc	Common Stock Transactions CommonStockTransactions	-10000000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	163000000	usd
CY2024Q1	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	400000000	usd
CY2023Q1	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	594000000	usd
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CY2023Q1	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	800000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	89000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-686000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-916000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	96000000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1568000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	456000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	652000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	552000000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	182000000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	129000000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-2000000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-1000000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	12781000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	53000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	51000000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.35
CY2024Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	305000000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	9000000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	12536000000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	12733000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	466000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-4000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	462000000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.35
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	307000000	usd
CY2023Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	163000000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2000000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	12727000000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3004000000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3132000000	usd
CY2024Q1	nsc	Revenue Payment Terms RevenuePaymentTerms	P15D
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1198000000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1147000000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	0	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	0	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	0	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	0	usd
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	19000000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11000000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	5000000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	6000000	usd
CY2024Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	97217	shares
CY2023Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	66811	shares
CY2024Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	9000000	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	5000000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions	3000000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions	3000000	usd
CY2024Q1	us-gaap	Restructuring And Related Cost Expected Number Of Positions Eliminated RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated	350	employee
CY2024Q1	us-gaap	Restructuring Charges RestructuringCharges	64000000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.767
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.213
CY2024Q1	nsc	Deferred Income Tax Expense Benefit Subsidiary Restructuring DeferredIncomeTaxExpenseBenefitSubsidiaryRestructuring	-27000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	466000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	53000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	466000000	usd
CY2024Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	1000000	usd
CY2023Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	1000000	usd
CY2024Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	1000000	usd
CY2023Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	0	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	52000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	465000000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	52000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	466000000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	225800000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	227700000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	225800000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	227700000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	400000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	600000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	226200000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	228300000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.23
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.04
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.23
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.04
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2024Q1	us-gaap	Oci Before Reclassifications Before Tax Attributable To Parent OciBeforeReclassificationsBeforeTaxAttributableToParent	0	usd
CY2024Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	2000000	usd
CY2023Q1	us-gaap	Oci Before Reclassifications Before Tax Attributable To Parent OciBeforeReclassificationsBeforeTaxAttributableToParent	0	usd
CY2023Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	4000000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2023Q1	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	600000	shares
CY2023Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	163000000	usd
CY2024Q1	nsc	Number Of Railroads Owning Joint Railcar Pooling Company NumberOfRailroadsOwningJointRailcarPoolingCompany	6	railroad
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	5000000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	6000000	usd
CY2024Q1	nsc	Accounts Receivable Securitization Balance AccountsReceivableSecuritizationBalance	400000000	usd
CY2023Q4	nsc	Accounts Receivable Securitization Balance AccountsReceivableSecuritizationBalance	0	usd
CY2024Q1	us-gaap	Restructuring And Related Cost Expected Number Of Positions Eliminated RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated	350	employee
CY2024Q1	nsc	Environmental Loss Contingency Statement Of Financial Position Extensible Enumeration Not Disclosed Flag EnvironmentalLossContingencyStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag	Consolidated Balance Sheets
CY2023	nsc	Environmental Loss Contingency Statement Of Financial Position Extensible Enumeration Not Disclosed Flag EnvironmentalLossContingencyStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag	Consolidated Balance Sheets
CY2024Q1	nsc	Number Of Locations With One Or More Subsidiaries In Conjunction With Other Parties Identified As Potentially Responsible Parties NumberOfLocationsWithOneOrMoreSubsidiariesInConjunctionWithOtherPartiesIdentifiedAsPotentiallyResponsibleParties	8	location
CY2024Q1	nsc	Employees Covered By Collective Bargaining Agreements EmployeesCoveredByCollectiveBargainingAgreements	0.80
CY2024Q1	nsc	Percentage Of Potential Losses Covered By Insurance On Legal Liabilities For Bodily Injury And Property Damage To Third Parties PercentageOfPotentialLossesCoveredByInsuranceOnLegalLiabilitiesForBodilyInjuryAndPropertyDamageToThirdParties	0.93
CY2024Q1	nsc	Self Insured For Bodily Injury And Property Damage To Third Parties Above SelfInsuredForBodilyInjuryAndPropertyDamageToThirdPartiesAbove	75000000	usd
CY2024Q1	nsc	Self Insured For Bodily Injury And Property Damage To Third Parties Up To SelfInsuredForBodilyInjuryAndPropertyDamageToThirdPartiesUpTo	734000000	usd
CY2024Q1	nsc	Percentage Of Potential Losses Covered By Insurance On Damage To Property Owned Or In Control PercentageOfPotentialLossesCoveredByInsuranceOnDamageToPropertyOwnedOrInControl	0.82
CY2024Q1	nsc	Self Insured Coverage For Potential Losses On Damage To Property Owned Minimum SelfInsuredCoverageForPotentialLossesOnDamageToPropertyOwnedMinimum	75000000	usd
CY2024Q1	nsc	Self Insured Coverage For Potential Losses On Damage To Property Owned Maximum SelfInsuredCoverageForPotentialLossesOnDamageToPropertyOwnedMaximum	275000000	usd
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000702165-24-000009-index-headers.html	Edgar Link	pending
0000702165-24-000009-index.html	Edgar Link	pending
0000702165-24-000009.txt	Edgar Link	pending
0000702165-24-000009-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
nsc-20240331.htm	Edgar Link	pending
nsc-20240331.xsd	Edgar Link	pending
nsc-20240331_g1.jpg	Edgar Link	pending
nsc03312024exhibit101.htm	Edgar Link	pending
nsc03312024exhibit102.htm	Edgar Link	pending
nsc033124exhibit103.htm	Edgar Link	pending
nsc033124exhibit104.htm	Edgar Link	pending
nsc033124exhibit31a.htm	Edgar Link	pending
nsc033124exhibit31b.htm	Edgar Link	pending
nsc033124exhibit32.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
nsc-20240331_def.xml	Edgar Link	unprocessable
nsc-20240331_cal.xml	Edgar Link	unprocessable
nsc-20240331_lab.xml	Edgar Link	unprocessable
nsc-20240331_pre.xml	Edgar Link	unprocessable
nsc-20240331_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2024 Q1 Form 10-Q Financial Statement

#000070216524000009 Filed on April 24, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NSC NORFOLK SOUTHERN CORP Stock $nsc

2024 Q1 Form 10-Q Financial Statement

#000070216524000009 Filed on April 24, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NSC
NORFOLK SOUTHERN CORP Stock $nsc