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Tables in the 10-Q of CSX CORP

32 tables with numbers, filed Jul 22, 2026. Each one downloads as a CSV for Excel or Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

(Exact name of registrant as specified in its charter)
Virginia								62-1051971
(State or other jurisdiction of incorporation or organization)							(I.R.S. Employer Identification No.)
500 Water Street	15th Floor	Jacksonville	FL			32202		904	359-3200
(Address of principal executive offices)				(Zip Code)	(Telephone number, including area code)
			No Change
(Former name, former address and former fiscal year, if changed since last report.)
Securities registered pursuant to Section 12(b) of the Act:

		Page
PART I.	FINANCIAL INFORMATION
Item 1.	Financial Statements	3
	Consolidated Income Statements (Unaudited) - Quarters and Six Months Ended June 30, 2026 and June 30, 2025	3
	Condensed Consolidated Comprehensive Income Statements (Unaudited) - Quarters and Six Months Ended June 30, 2026 and June 30, 2025	3
	Consolidated Balance Sheets - At June 30, 2026 (Unaudited) and December 31, 2025	4
	Consolidated Cash Flow Statements (Unaudited) - Six Months Ended June 30, 2026 and June 30, 2025	5
	Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - Quarters and Six Months Ended June 30, 2026 and June 30, 2025	6

	Second Quarters		Six Months
	2026	2025		2026	2025
Revenue	$3,935		$3,574			$7,417	$6,997
Expense
Labor and Fringe	831		791			1,643	1,612
Purchased Services and Other	644		710			1,260	1,484
Depreciation and Amortization	411		427			826	852
Fuel	446		269			748	544

	(Unaudited)
	June 30, 2026	December 31, 2025
ASSETS
Current Assets:
Cash and Cash Equivalents	$1,007		$670
Short-term Investments (Note 9)	383		5
Accounts Receivable - Net (Note 8)	1,456		1,298
Materials and Supplies	406		390

Six Months 2026	Common Shares Outstanding(Thousands)	Common Stock and Other Capital	Retained Earnings	Accumulated Other Comprehensive (Loss) Income(a)	Non-controlling Minority Interest	Total Shareholders' Equity
Balance December 31, 2025	1,859,659	$2,808		$10,560		$(213)	$5	$13,160
Comprehensive Earnings:
Net Earnings	—	—		807		—	—	807
Other Comprehensive Income	—	—		—		1	—	1
Total Comprehensive Earnings						808
Common stock dividends, $0.14 per share	—	—		(260)		—	—	(260)
Share Repurchases	(5,686)	(6)		(216)		—	—	(222)

Six Months 2025	Common Shares Outstanding (Thousands)	Common Stock and Other Capital	Retained Earnings	Accumulated Other Comprehensive (Loss) Income(a)	Non-controlling Minority Interest	Total Shareholders' Equity
Balance December 31, 2024	1,900,190	$2,746		$9,988		$(232)	$5	$12,507
Comprehensive Earnings:
Net Earnings	—	—		646		—	—	646
Other Comprehensive Income	—	—		—		5	—	5
Total Comprehensive Earnings						651
Common stock dividends, $0.13 per share	—	—		(245)		—	—	(245)
Share Repurchases	(23,707)	(24)		(727)		—	—	(751)

	Second Quarters		Six Months
(Dollars in Millions)	2026	2025		2026	2025
Share-Based Compensation Expense:
Performance Units	$16		$2			$18	$2
Restricted Stock Units	4		7			8	13
Stock Options	4		3			7	6
Employee Stock Purchase Plan	3		3			5	5
Stock Awards for Directors	—		—			2	3

	Granted (Thousands)	Weighted Avg. Fair Value
Performance Units	637	$50.18
Restricted Stock Units	255	42.65
Stock Options	1,271	12.83

	Pension Benefits Cost
	Second Quarters	Six Months
(Dollars in Millions)	2026	2025		2026	2025
Service Cost Included in Labor and Fringe	$5		$5		$11	$10
Interest Cost	25		28		50	55
Expected Return on Plan Assets	(37)		(40)		(74)	(80)
Amortization of Net Loss	6		5		12	11
Total Included in Other Income - Net	(6)		(7)		(12)	(14)

(Dollars in Millions)	Current Portion	Long-term Portion	Total
Long-term Debt as of December 31, 2025	$708		$18,165	$18,873
2026 Activity:
Long-term Debt Repaid	(9)		—	(9)
Reclassifications	1,002		(1,002)	—
Hedging, Discount, Premium and Other Activity	1		(1)	—
Long-term Debt as of June 30, 2026	$1,702		$17,162	$18,864

	Second Quarters		Six Months
	2026	2025		2026	2025
Numerator (Dollars in Millions):
Net Earnings	$1,002		$829			$1,809	$1,475
Denominator (Units in Millions):
Average Common Shares Outstanding	1,855		1,867			1,858	1,878
Other Potentially Dilutive Common Shares	4		2			2	3
Average Common Shares Outstanding, Assuming Dilution	1,859		1,869			1,860	1,881

	Second Quarters		Six Months
	2026	2025		2026	2025
Shares Repurchased (Millions)	6		14			12	38
Cost of Shares (Dollars in Millions)	$284		$401			$506	$1,152
Average Price Paid per Share	$45.30		$28.28			$42.31	$30.39
Excise Taxes Paid for Net Share Repurchases (Dollars in Millions) (a)	$12		$20			$12	$20
(a) Excise tax payments made in 2026 were related to share repurchases in 2025. Excise tax payments made in 2025 were related to share repurchases in 2024.

	June 30, 2026		December 31, 2025
(Dollars in Millions)	Current	Long-term	Total	Current	Long-term	Total
Casualty:
Personal Injury	$60		$103	$163			$60	$94	$154
Occupational	6		52	58			6	53	59
Total Casualty	66		155	221			66	147	213
Environmental	50		98	148			49	107	156
Other	66		47	113			69	41	110

(Dollars in Millions)	June 30, 2026	December 31, 2025
Notional Value of Hedged Notes	$1,300		$1,300
Fair Value Asset Adjustment to Hedged Notes	13		23
Fair Value Liability Adjustment to Hedged Notes	(94)		(87)
Carrying Amount of Hedged Notes	$1,219		$1,236

	Pension and Other Post-Employment Benefits	Interest Rate Derivatives	Other	Accumulated Other Comprehensive (Loss) Income
(Dollars in Millions)
Balance December 31, 2025, Net of Tax	$(337)		$152		$(28)	$(213)
Other Comprehensive Income (Loss)
Amounts Reclassified to Net Earnings	9		—		(3)	6
Tax Expense	(2)		—		—	(2)
Total Other Comprehensive Income (Loss)	7		—		(3)	4
Balance June 30, 2026, Net of Tax	$(330)		$152		$(31)	$(209)

Volume and Revenue (Unaudited)
Volume (Thousands of Units); Revenue (Dollars in Millions); Revenue Per Unit (Dollars)
Second Quarters
	Volume	Revenue		Revenue Per Unit
	2026	2025		% Change	2026	2025		% Change	2026	2025		% Change
Chemicals	177		164		8%		$774		$701		10%		$4,373	$4,274	2%
Agricultural and Food Products	119		117		2		444		418		6		3,731	3,573	4
Minerals	105		99		6		242		218		11		2,305	2,202	5

	CSX Purchases of Equity Securities for the Quarter
Second Quarter	Total Number of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
Beginning Balance				$988,639,327
April 1 - April 30, 2026	1,341,830		$43.14		1,341,830	930,747,490
May 1 - May 31, 2026	2,380,111		45.30		2,380,111	5,822,917,820
June 1 - June 30, 2026	2,547,352		46.44		2,547,352	5,704,621,786
Ending Balance	6,269,293		$45.30		6,269,293	$5,704,621,786

Exhibit designation	Nature of exhibit	Previously filed as exhibit to
10.1* ***	Amendment to the CSX Executives’ Deferred Compensation Plan, effective as of June 1, 2026
10.2* ***	Employment Separation Agreement and Release, effective as of May 26, 2026, between CSX Corporation and Stephen Fortune
Officer certifications:
31*	Rule 13a-14(a) Certifications
32**	Section 1350 Certifications
Interactive data files:
101*	The following financial information from CSX Corporation's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the SEC on July 22, 2026, formatted in inline XBRL includes: (i) consolidated income statements for the quarters and six months ended June 30, 2026, and June 30, 2025, (ii) condensed consolidated comprehensive income statements for the quarters and six months ended June 30, 2026, and June 30, 2025, (iii) consolidated balance sheets at June 30, 2026, and December 31, 2025, (iv) consolidated cash flow statements for the six months ended June 30, 2026, and June 30, 2025, (v) consolidated statements of changes in shareholders' equity for the quarters and six months ended June 30, 2026, and June 30, 2025, and (vi) the notes to consolidated financial statements.

Tables in the 10-Q of CSX CORP

Table 1 after “CSX CORPORATION”

Table 2 after “INDEX”

Table 3 after “(Dollars in Millions, Except Per Share Amounts)”

Table 4 after “(Dollars in Millions)”

Table 5 after “(Dollars in Millions)”

Table 6 after “(Dollars in Millions)”

Table 7 after “(Dollars in Millions)”

Table 8 after “(Dollars in Millions)”

Table 9 after “The following table sets forth the computation of basic earnings per share and earnings per share, assuming dilution.”

Table 10 after “The total average outstanding stock options that were excluded from the diluted earnings per share calculation because their effect was anti”

Table 11 after “During second quarters and six months ended June 30, 2026, and June 30, 2025, the Company engaged in the following repurchase activities:”

Table 12 after “Total pre-tax expense and income tax benefits associated with share-based compensation are shown in the table below. Income tax benefits inc”

Table 13 after “In February 2026, the Company granted the following awards under a new long-term incentive plan ("LTIP") for the years 2026 through 2028, wh”

Table 14 after “Casualty, environmental and other reserves are reflected in the consolidated balance sheets as shown in the table below.”

Table 15 after “Independent actuaries compute the amounts of liabilities and expenses relating to these plans subject to the assumptions that the Company de”

Table 16 after “.”

Table 17 after “The cumulative adjustment to the hedged notes is included in long-term debt on the consolidated balance sheet as shown in the following tabl”

Table 18 after “The difference in the net fixed-to-float interest settlement on the derivatives is recognized in interest expense and is summarized as follo”

Table 19 after “The below table presents the Company’s revenues disaggregated by market as this best depicts how the nature, amount, timing and uncertainty ”

Table 20 after “for transportation-related services. Non-freight receivables include amounts, billed and unbilled, currently due related to government reimb”

Table 21 after “The Company's investment assets are carried at fair value on the consolidated balance sheets, within the line items short-term investments a”

Table 22 after “All investment assets other than exchange-traded funds have stated contractual maturity dates as summarized in the following table:”

Table 23 after “The fair value and carrying value of the Company's long-term debt is as follows:”

Table 24 after “, for further information. Other primarily represents CSX's share of AOCI of equity method investees. Amounts reclassified in other to net e”

Table 25 after “The table below presents information about the Company's significant expenses and the required reportable segment reconciliations for the qu”

Table 26 after “The table below presents information about the Company's significant expenses and the required reportable segment reconciliations for the si”

Table 27 after “Earnings per diluted share of $0.54 increased $0.10, or 23%, year over year.”

Table 28 after “ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS”

Table 29 after “The following table reconciles cash provided by operating activities (GAAP measure) to FCF before dividends (non-GAAP measure).”

Table 30 after “The Federal Railroad Administration (“FRA”) personal injury frequency index of 0.83 in second quarter 2026 improved 19% compared to prior ye”

Table 31 after “. Share repurchase activity for the second quarter 2026 is shown below. Amounts exclude the impact of excise tax on net share repurchases im”

Table 32 after “Item 6. Exhibits”