CSX CORP
For the period ended Sep 30, 2024. Filed Oct 17, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 17, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Changes in Shareholders' Equity (Unaudited)
CONSOLIDATED STATEMENTS OF CHANGES
IN SHAREHOLDERS' EQUITY(Unaudited)
| Nine Months 2024 · Common Shares Outstanding(Thousands) · Common Stock and Other Capital · Retained Earnings (a) · Accumulated Other Comprehensive (Loss) Income(a,b) · Non-controlling Minority Interest · Total Shareholders' Equity (a) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance December 31, 2023 | 1,958,757 | $2,650 | $9,609 | $(279) | $5 | $11,985 | |||||
| Comprehensive Earnings: | |||||||||||
| Net Earnings | — | — | 880 | — | — | 880 | |||||
| Other Comprehensive Income | — | — | — | 6 | — | 6 | |||||
| Total Comprehensive Earnings | 886 | ||||||||||
| Common stock dividends, $0.12 per share | — | — | (235) | — | — | (235) | |||||
| Share Repurchases | (6,789) | (7) | (240) | — | — | (247) | |||||
| Excise Tax on Net Share Repurchases | — | — | (1) | — | — | (1) | |||||
| Stock Option Exercises and Other | 2,961 | 55 | (2) | — | — | 53 | |||||
| Balance March 31, 2024 | 1,954,929 | $2,698 | $10,011 | $(273) | $5 | $12,441 | |||||
| Comprehensive Earnings: | |||||||||||
| Net Earnings | — | — | 963 | — | — | 963 | |||||
| Other Comprehensive Income | — | — | — | 3 | — | 3 | |||||
| Total Comprehensive Earnings | 966 | ||||||||||
| Common stock dividends, $0.12 per share | — | — | (233) | — | — | (233) | |||||
| Share Repurchases | (16,308) | (16) | (547) | — | — | (563) | |||||
| Excise Tax on Net Share Repurchases | (6) | (6) | |||||||||
| Stock Option Exercises and Other | 124 | 15 | 1 | — | (1) | 15 | |||||
| Balance June 30, 2024 | 1,938,745 | $2,697 | $10,189 | $(270) | $4 | $12,620 | |||||
| Comprehensive Earnings: | |||||||||||
| Net Earnings | — | — | 894 | — | — | 894 | |||||
| Other Comprehensive Income | — | — | — | 1 | — | 1 | |||||
| Total Comprehensive Earnings | 895 | ||||||||||
| Common stock dividends, $0.12 per share | — | — | (232) | — | — | (232) | |||||
| Share Repurchases | (11,925) | (12) | (390) | — | — | (402) | |||||
| Excise Tax on Net Share Repurchases | — | — | (4) | — | — | (4) | |||||
| Stock Option Exercises and Other | 1,603 | 58 | — | — | 1 | 59 | |||||
| Balance September 30, 2024 | 1,928,423 | $2,743 | $10,457 | $(269) | $5 | $12,936 | |||||
(b)Accumulated Other Comprehensive Loss balances shown above are net of tax. The associated taxes were $74 million as of December 31, 2023, $72 million as of March 31, 2024, $72 million as of June 30, 2024 and $71 million as of September 30, 2024. For additional information, see Note 10, Other Comprehensive Income.
CSX Q3 2024 Form 10-Q p.6
CONSOLIDATED STATEMENTS OF CHANGES
IN SHAREHOLDERS' EQUITY(Unaudited)
| Nine Months 2023 · Common Shares Outstanding (Thousands) · Common Stock and Other Capital · Retained Earnings (a) · Accumulated Other Comprehensive (Loss) Income(a,b) · Non-controlling Minority Interest · Total Shareholders' Equity (a) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance December 31, 2022 | 2,066,367 | $2,640 | $10,229 | $(410) | $10 | $12,469 | |||||
| Comprehensive Earnings: | |||||||||||
| Net Earnings | — | — | 974 | — | — | 974 | |||||
| Other Comprehensive Income | — | — | — | 2 | — | 2 | |||||
| Total Comprehensive Earnings | 976 | ||||||||||
| Common stock dividends, $0.11 per share | — | — | (226) | — | — | (226) | |||||
| Share Repurchases | (35,157) | (35) | (1,032) | — | — | (1,067) | |||||
| Excise Tax on Net Share Repurchases | — | — | (10) | — | — | (10) | |||||
| Stock Option Exercises and Other | 1,865 | 15 | — | — | (2) | 13 | |||||
| Balance March 31, 2023 | 2,033,075 | $2,620 | $9,935 | $(408) | $8 | $12,155 | |||||
| Comprehensive Earnings: | |||||||||||
| Net Earnings | — | — | 984 | — | — | 984 | |||||
| Other Comprehensive Income | — | — | — | (4) | — | (4) | |||||
| Total Comprehensive Earnings | 980 | ||||||||||
| Common stock dividends, $0.11 per share | — | — | (222) | — | — | (222) | |||||
| Share Repurchases | (27,434) | (28) | (835) | — | — | (863) | |||||
| Excise Tax on Net Share Repurchases | — | — | (9) | — | — | (9) | |||||
| Stock Option Exercises and Other | 712 | 38 | (1) | — | (4) | 33 | |||||
| Balance June 30, 2023 | 2,006,353 | $2,630 | $9,852 | $(412) | $4 | $12,074 | |||||
| Comprehensive Earnings: | |||||||||||
| Net Earnings | — | — | 828 | — | — | 828 | |||||
| Other Comprehensive Income | — | — | — | 18 | — | 18 | |||||
| Total Comprehensive Earnings | 846 | ||||||||||
| Common stock dividends, $0.11 per share | — | — | (218) | — | — | (218) | |||||
| Share Repurchases | (31,018) | (31) | (940) | — | — | (971) | |||||
| Excise Tax on Net Share Repurchases | — | — | (9) | — | — | (9) | |||||
| Stock Option Exercises and Other | 797 | 34 | — | — | — | 34 | |||||
| Balance September 30, 2023 | 1,976,132 | $2,633 | $9,513 | $(394) | $4 | $11,756 | |||||
(b)Accumulated Other Comprehensive Loss balances shown above are net of tax. The associated taxes were $129 million as of December 31, 2022, $128 million as of March 31, 2023, $114 million as of June 30, 2023 and $108 million as of September 30, 2023. For additional information, see Note 10, Other Comprehensive Income.
CSX Q3 2024 Form 10-Q p.7
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.