7Baggers

Norfolk Southern Quarterly Balance Sheets Chart

Quarterly
 | 
Annual
 
 Cash and Cash Eq  
 Account Payables  
 Long-Term Debt  
 Short-Term Debt  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 02.454.917.369.8212.2714.7217.18Billion

Norfolk Southern Quarterly Balance Sheets Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 
                                                      
  assets                                                    
  current assets:                                                    
  cash and cash equivalents1,303,000,000 1,006,000,000 1,641,000,000 975,000,000 659,000,000 652,000,000 1,568,000,000 1,506,000,000 556,000,000 552,000,000 456,000,000 1,214,000,000 1,259,000,000 1,571,000,000 839,000,000 1,465,000,000 1,670,000,000 998,000,000 1,115,000,000 1,359,000,000 1,143,000,000 608,000,000 580,000,000 452,000,000 274,000,000 411,000,000 358,000,000 729,000,000 430,000,000 1,072,000,000 690,000,000 724,000,000 642,000,000 955,000,000 956,000,000 984,000,000 866,000,000 589,000,000 1,101,000,000 433,000,000 889,000,000 524,000,000 973,000,000 1,432,000,000 984,000,000 587,000,000 672,000,000 653,000,000 693,000,000 356,000,000 829,000,000 276,000,000 
  accounts receivable – net1,123,000,000 1,231,000,000 1,069,000,000 1,302,000,000 1,189,000,000 1,198,000,000 1,147,000,000 1,210,000,000 1,089,000,000 1,170,000,000 1,148,000,000 1,151,000,000 1,208,000,000 1,070,000,000 976,000,000 945,000,000 941,000,000 944,000,000 848,000,000 883,000,000 822,000,000 889,000,000 920,000,000 973,000,000 1,039,000,000 1,048,000,000 1,009,000,000 1,043,000,000 1,035,000,000 973,000,000 955,000,000 973,000,000 926,000,000 998,000,000 945,000,000 960,000,000 985,000,000 961,000,000 946,000,000 1,103,000,000 1,055,000,000 1,032,000,000 1,055,000,000 1,103,000,000 1,083,000,000 1,072,000,000 1,158,000,000  1,078,000,000    
  materials and supplies313,000,000 273,000,000 277,000,000 288,000,000 308,000,000 270,000,000 264,000,000 303,000,000 272,000,000 262,000,000 253,000,000 276,000,000 289,000,000 264,000,000 218,000,000 235,000,000 246,000,000 241,000,000 221,000,000 247,000,000 257,000,000 265,000,000 244,000,000 266,000,000 256,000,000 228,000,000 207,000,000 267,000,000 260,000,000 245,000,000 222,000,000 245,000,000 289,000,000 281,000,000 257,000,000 301,000,000 306,000,000 315,000,000 271,000,000 288,000,000 277,000,000 268,000,000 236,000,000 249,000,000 224,000,000 228,000,000 246,000,000 216,000,000 236,000,000 242,000,000 228,000,000 209,000,000 
  other current assets168,000,000 191,000,000 201,000,000 125,000,000 148,000,000 236,000,000 292,000,000 123,000,000 114,000,000 138,000,000 150,000,000 74,000,000 101,000,000 110,000,000 134,000,000 77,000,000 155,000,000 120,000,000 134,000,000 90,000,000 128,000,000 240,000,000 337,000,000 325,000,000 345,000,000 235,000,000 288,000,000 70,000,000 179,000,000 189,000,000 282,000,000 57,000,000 79,000,000 93,000,000 133,000,000 72,000,000 82,000,000 101,000,000 194,000,000 55,000,000 67,000,000 173,000,000 347,000,000 50,000,000 34,000,000 54,000,000 65,000,000 82,000,000 33,000,000 52,000,000 71,000,000 76,000,000 
  total current assets2,907,000,000 2,701,000,000 3,188,000,000 2,690,000,000 2,304,000,000 2,356,000,000 3,271,000,000 3,142,000,000 2,031,000,000 2,122,000,000 2,007,000,000 2,715,000,000 2,857,000,000 3,015,000,000 2,167,000,000 2,722,000,000 3,012,000,000 2,303,000,000 2,318,000,000 2,579,000,000 2,350,000,000 2,002,000,000 2,081,000,000 2,016,000,000 1,914,000,000 1,922,000,000 1,862,000,000 2,109,000,000 1,904,000,000 2,479,000,000 2,149,000,000 1,999,000,000 1,936,000,000 2,327,000,000 2,291,000,000 2,317,000,000 2,239,000,000 1,966,000,000 2,633,000,000 2,002,000,000 2,413,000,000 2,115,000,000 2,778,000,000 3,012,000,000 2,494,000,000 2,078,000,000 2,323,000,000 2,242,000,000 2,199,000,000 1,884,000,000 2,332,000,000 1,751,000,000 
  investments4,038,000,000 4,003,000,000 3,370,000,000 3,968,000,000 3,812,000,000 3,570,000,000 3,839,000,000 3,824,000,000 3,673,000,000 3,738,000,000 3,694,000,000 3,686,000,000 3,671,000,000 3,697,000,000 3,707,000,000 3,684,000,000 3,658,000,000 3,604,000,000 3,590,000,000 3,566,000,000 3,590,000,000 3,470,000,000 3,428,000,000 3,376,000,000 3,301,000,000 3,198,000,000 3,109,000,000 3,109,000,000 3,058,000,000 3,020,000,000 2,981,000,000 2,888,000,000 2,848,000,000 2,809,000,000 2,777,000,000 2,779,000,000 2,639,000,000 2,617,000,000 2,572,000,000 2,740,000,000 2,724,000,000 2,701,000,000 2,679,000,000 2,610,000,000 2,395,000,000 2,366,000,000 2,341,000,000 2,300,000,000 2,315,000,000 2,278,000,000 2,263,000,000 2,234,000,000 
  properties less accumulated depreciation of 14,250                                                    
  and 13,957, respectively35,921,000,000 35,803,000,000                                                   
  other assets1,289,000,000 1,293,000,000 1,293,000,000 1,207,000,000 1,162,000,000 1,151,000,000 1,216,000,000 1,105,000,000 1,083,000,000 1,069,000,000 1,028,000,000 1,067,000,000 1,021,000,000 992,000,000 966,000,000 769,000,000 729,000,000 718,000,000 709,000,000 795,000,000 805,000,000 787,000,000 800,000,000 714,000,000 756,000,000 784,000,000 177,000,000 392,000,000 286,000,000 267,000,000 251,000,000 103,000,000 105,000,000 82,000,000 73,000,000 69,000,000 69,000,000 67,000,000 63,000,000 103,000,000 98,000,000 130,000,000 90,000,000 354,000,000 63,000,000 63,000,000 65,000,000 64,000,000 66,000,000 61,000,000 77,000,000 84,000,000 
  total assets44,155,000,000 43,800,000,000 43,682,000,000 43,255,000,000 42,558,000,000 42,128,000,000 41,652,000,000 40,739,000,000 39,261,000,000 39,169,000,000 38,885,000,000 39,306,000,000 39,336,000,000 39,361,000,000 38,493,000,000 38,604,000,000 38,754,000,000 37,937,000,000 37,962,000,000 38,179,000,000 37,962,000,000 37,438,000,000 37,923,000,000 37,500,000,000 37,172,000,000 37,062,000,000 36,239,000,000 36,322,000,000 35,788,000,000 36,162,000,000 35,711,000,000 35,153,000,000 34,922,000,000 35,145,000,000 34,892,000,000 34,632,000,000 34,334,000,000 33,785,000,000 34,260,000,000 33,527,000,000 33,310,000,000 32,775,000,000 33,241,000,000 33,206,000,000 31,365,000,000 30,605,000,000 30,599,000,000 30,342,000,000 29,840,000,000 29,191,000,000 29,375,000,000 28,538,000,000 
  liabilities and stockholders’ equity                                                    
  current liabilities:                                                    
  accounts payable1,504,000,000 1,445,000,000 1,704,000,000 1,614,000,000 1,535,000,000 1,506,000,000 1,638,000,000 1,499,000,000 1,416,000,000 1,315,000,000 1,293,000,000 1,486,000,000 1,308,000,000 1,181,000,000 1,351,000,000 1,196,000,000 1,116,000,000 1,043,000,000 1,016,000,000 1,273,000,000 1,268,000,000 1,284,000,000 1,428,000,000 1,407,000,000 1,407,000,000 1,334,000,000 1,505,000,000 1,394,000,000 1,323,000,000 1,217,000,000 1,401,000,000 1,287,000,000 1,223,000,000 1,211,000,000 1,215,000,000 1,131,000,000 1,085,000,000 1,119,000,000 1,091,000,000 1,160,000,000 1,144,000,000 1,094,000,000 1,233,000,000 1,387,000,000 1,267,000,000 1,180,000,000 1,188,000,000 1,362,000,000 1,260,000,000 1,126,000,000 1,243,000,000 1,092,000,000 
  income and other taxes223,000,000 490,000,000 337,000,000 179,000,000 208,000,000 222,000,000 262,000,000 213,000,000 243,000,000 438,000,000 312,000,000 299,000,000 333,000,000 443,000,000 305,000,000 272,000,000 302,000,000 361,000,000 263,000,000 257,000,000 239,000,000 200,000,000 229,000,000 202,000,000 270,000,000 338,000,000 255,000,000 230,000,000 269,000,000 217,000,000 211,000,000 206,000,000 268,000,000 379,000,000 245,000,000 218,000,000 205,000,000 299,000,000 203,000,000 273,000,000 295,000,000 210,000,000 217,000,000 301,000,000 241,000,000 284,000,000 319,000,000 206,000,000 150,000,000 322,000,000 320,000,000 207,000,000 
  other current liabilities1,037,000,000 960,000,000 949,000,000 1,329,000,000 1,269,000,000 1,315,000,000 728,000,000 797,000,000 792,000,000 668,000,000 341,000,000 408,000,000 363,000,000 370,000,000 312,000,000 384,000,000 330,000,000 344,000,000 302,000,000 386,000,000 343,000,000 352,000,000 327,000,000 401,000,000 373,000,000 378,000,000 246,000,000 317,000,000 260,000,000 304,000,000 233,000,000 320,000,000 252,000,000 303,000,000 229,000,000 333,000,000 267,000,000 313,000,000 237,000,000 334,000,000 264,000,000 298,000,000 228,000,000 392,000,000 377,000,000 304,000,000 350,000,000 263,000,000 362,000,000 299,000,000 337,000,000 252,000,000 
  current maturities of long-term debt903,000,000 555,000,000 555,000,000 555,000,000 255,000,000 4,000,000 4,000,000 405,000,000 405,000,000 403,000,000 603,000,000 605,000,000 605,000,000 1,153,000,000 553,000,000 558,000,000 1,048,000,000 501,000,000 579,000,000 89,000,000 85,000,000 400,000,000 316,000,000 401,000,000 401,000,000 585,000,000 585,000,000 500,000,000 500,000,000 600,000,000 600,000,000 600,000,000 600,000,000 550,000,000 550,000,000 550,000,000 550,000,000  500,000,000 500,000,000 500,000,000 501,000,000 2,000,000 2,000,000 447,000,000 47,000,000 47,000,000 50,000,000 52,000,000 27,000,000 32,000,000 50,000,000 
  total current liabilities3,667,000,000 3,450,000,000 3,545,000,000 3,677,000,000 3,667,000,000 3,447,000,000 2,632,000,000 2,914,000,000 2,986,000,000 2,824,000,000 2,649,000,000 2,798,000,000 2,609,000,000 3,147,000,000 2,521,000,000 2,410,000,000 2,796,000,000 2,249,000,000 2,160,000,000 2,005,000,000 1,935,000,000 2,236,000,000 2,300,000,000 2,761,000,000 2,451,000,000 2,885,000,000 2,591,000,000 2,441,000,000 2,352,000,000 2,388,000,000 2,545,000,000 2,413,000,000 2,343,000,000 2,443,000,000 2,339,000,000 2,232,000,000 2,107,000,000 1,831,000,000 2,231,000,000 2,367,000,000 2,203,000,000 2,103,000,000 1,780,000,000 2,082,000,000 2,332,000,000 1,815,000,000 1,904,000,000 2,081,000,000 1,824,000,000 1,774,000,000 1,932,000,000 1,701,000,000 
  long-term debt16,464,000,000 16,660,000,000 16,651,000,000 16,644,000,000 16,937,000,000 17,179,000,000 17,175,000,000 16,179,000,000 14,594,000,000 14,585,000,000 14,479,000,000 14,463,000,000 14,449,000,000 13,691,000,000 13,287,000,000 13,274,000,000 12,669,000,000 12,116,000,000 12,102,000,000 12,634,000,000 12,612,000,000 11,807,000,000 11,880,000,000 11,085,000,000 11,076,000,000 10,569,000,000 10,560,000,000 10,635,000,000 9,146,000,000 9,637,000,000 9,136,000,000 9,280,000,000 9,273,000,000 9,569,000,000 9,562,000,000 9,555,000,000 9,549,000,000 9,398,000,000 9,393,000,000 8,896,000,000 8,890,000,000 8,429,000,000 8,924,000,000 8,919,000,000 8,499,000,000 8,430,000,000 8,438,000,000 8,432,000,000 8,428,000,000 7,972,000,000 7,985,000,000 7,390,000,000 
  other liabilities1,708,000,000 1,702,000,000 1,760,000,000 1,786,000,000 1,747,000,000 1,767,000,000 1,839,000,000 1,824,000,000 1,814,000,000 1,785,000,000 1,759,000,000 1,828,000,000 1,843,000,000 1,845,000,000 1,879,000,000 1,944,000,000 1,937,000,000 1,952,000,000 1,987,000,000 1,701,000,000 1,680,000,000 1,683,000,000 1,744,000,000 1,727,000,000 1,738,000,000 1,759,000,000 1,266,000,000 1,302,000,000 1,317,000,000 1,352,000,000 1,347,000,000 1,366,000,000 1,385,000,000 1,407,000,000 1,442,000,000 1,322,000,000 1,358,000,000 1,344,000,000 1,385,000,000 1,295,000,000 1,322,000,000 1,302,000,000 1,312,000,000 1,084,000,000 2,166,000,000 2,198,000,000 2,226,000,000 2,237,000,000 2,018,000,000 2,028,000,000 2,053,000,000 2,050,000,000 
  deferred income taxes7,529,000,000 7,477,000,000 7,420,000,000 7,363,000,000 7,228,000,000 7,199,000,000 7,225,000,000 7,207,000,000 7,227,000,000 7,248,000,000 7,265,000,000 7,193,000,000 7,281,000,000 7,217,000,000 7,165,000,000 7,089,000,000 7,035,000,000 6,977,000,000 6,922,000,000 6,898,000,000 6,874,000,000 6,828,000,000 6,815,000,000 6,689,000,000 6,596,000,000 6,518,000,000 6,460,000,000 6,464,000,000 6,414,000,000 6,367,000,000 6,324,000,000 9,367,000,000 9,259,000,000 9,199,000,000 9,140,000,000 9,127,000,000 9,047,000,000 8,989,000,000 121,000,000 123,000,000 125,000,000 118,000,000 167,000,000 178,000,000 149,000,000 137,000,000 167,000,000 167,000,000 144,000,000 133,000,000 146,000,000 143,000,000 
  total liabilities29,368,000,000 29,289,000,000 29,376,000,000 29,470,000,000 29,579,000,000 29,592,000,000 28,871,000,000 28,124,000,000 26,621,000,000 26,442,000,000 26,152,000,000 26,282,000,000 26,182,000,000 25,900,000,000 24,852,000,000 24,717,000,000 24,437,000,000 23,294,000,000 23,171,000,000 23,238,000,000 23,101,000,000 22,554,000,000 22,739,000,000 22,262,000,000 21,861,000,000 21,731,000,000 20,877,000,000 20,842,000,000 19,229,000,000 19,744,000,000 19,352,000,000 22,426,000,000 22,260,000,000 22,618,000,000 22,483,000,000 22,236,000,000 22,061,000,000 21,562,000,000 22,072,000,000 21,398,000,000 21,233,000,000 20,617,000,000 20,833,000,000 20,767,000,000 21,071,000,000 20,417,000,000 20,489,000,000 20,582,000,000 20,073,000,000 19,413,000,000 19,560,000,000 18,627,000,000 
  stockholders’ equity:                                                    
  common stock 1.00 per share par value, 1,350,000,000 shares                                                    
  authorized; outstanding 224,614,894 and 226,320,894 shares,                                                    
  respectively, net of treasury shares226,000,000 227,000,000 228,000,000 228,000,000 227,000,000 227,000,000 227,000,000 227,000,000 228,000,000 229,000,000 230,000,000 233,000,000 236,000,000 240,000,000 242,000,000 244,000,000 248,000,000 251,000,000 254,000,000 255,000,000 256,000,000 258,000,000 259,000,000 262,000,000 265,000,000 267,000,000 269,000,000 274,000,000 281,000,000 284,000,000 285,000,000 288,000,000 290,000,000 291,000,000 292,000,000 293,000,000 295,000,000 297,000,000 299,000,000 300,000,000 303,000,000 306,000,000 310,000,000 311,000,000 310,000,000 313,000,000 316,000,000 315,000,000 317,000,000 321,000,000 327,000,000 332,000,000 
  additional paid-in capital2,259,000,000 2,249,000,000 2,247,000,000 2,223,000,000 2,208,000,000 2,188,000,000 2,179,000,000 2,163,000,000 2,160,000,000 2,155,000,000 2,157,000,000 2,181,000,000 2,190,000,000 2,203,000,000 2,215,000,000 2,224,000,000 2,240,000,000 2,241,000,000 2,248,000,000 2,246,000,000 2,217,000,000 2,205,000,000 2,209,000,000 2,219,000,000 2,226,000,000 2,213,000,000 2,216,000,000 1,996,000,000 2,263,000,000 2,255,000,000 2,254,000,000 2,249,000,000 2,228,000,000 2,228,000,000 2,179,000,000 2,169,000,000 2,146,000,000 2,147,000,000 2,143,000,000 2,132,000,000 2,146,000,000 2,160,000,000 2,148,000,000 2,150,000,000 1,979,000,000 1,984,000,000 1,976,000,000 1,911,000,000 1,909,000,000 1,904,000,000 1,917,000,000  
  accumulated other comprehensive loss-261,000,000 -261,000,000 -262,000,000 -332,000,000 -330,000,000 -322,000,000 -320,000,000 -364,000,000 -359,000,000 -355,000,000 -351,000,000 -377,000,000 -388,000,000 -394,000,000 -402,000,000 -571,000,000 -578,000,000 -586,000,000 -594,000,000 -471,000,000 -475,000,000 -481,000,000 -491,000,000 -553,000,000 -557,000,000 -560,000,000 -563,000,000 -435,000,000 -441,000,000 -448,000,000 -356,000,000 -475,000,000 -480,000,000 -485,000,000 -487,000,000 -433,000,000 -437,000,000 -442,000,000 -445,000,000 -382,000,000 -389,000,000 -395,000,000 -398,000,000 -178,000,000 -1,040,000,000 -1,063,000,000 -1,086,000,000 -1,109,000,000 -971,000,000 -991,000,000 -1,010,000,000 -1,026,000,000 
  retained income12,563,000,000 12,296,000,000 12,093,000,000 11,666,000,000 10,874,000,000 10,443,000,000 10,695,000,000 10,589,000,000 10,611,000,000 10,698,000,000 10,697,000,000 10,987,000,000 11,116,000,000 11,412,000,000 11,586,000,000 11,990,000,000 12,407,000,000 12,737,000,000 12,883,000,000 12,911,000,000 12,863,000,000 12,902,000,000 13,207,000,000 13,310,000,000 13,377,000,000 13,411,000,000 13,440,000,000 13,645,000,000 14,456,000,000 14,327,000,000 14,176,000,000 10,665,000,000 10,624,000,000 10,493,000,000 10,425,000,000 10,367,000,000 10,269,000,000 10,221,000,000 10,191,000,000 10,079,000,000 10,017,000,000 10,087,000,000 10,348,000,000 10,156,000,000 9,045,000,000 8,954,000,000 8,904,000,000 8,643,000,000 8,512,000,000 8,544,000,000 8,581,000,000 8,693,000,000 
  total stockholders’ equity14,787,000,000 14,511,000,000 14,306,000,000 13,785,000,000 12,979,000,000 12,536,000,000 12,781,000,000 12,615,000,000 12,640,000,000 12,727,000,000 12,733,000,000 13,024,000,000 13,154,000,000 13,461,000,000 13,641,000,000 13,887,000,000 14,317,000,000 14,643,000,000 14,791,000,000 14,941,000,000 14,861,000,000 14,884,000,000 15,184,000,000 15,238,000,000 15,311,000,000 15,331,000,000 15,362,000,000 15,480,000,000 16,559,000,000 16,418,000,000 16,359,000,000 12,727,000,000 12,662,000,000 12,527,000,000 12,409,000,000 12,396,000,000 12,273,000,000 12,223,000,000  12,129,000,000 12,077,000,000 12,158,000,000  12,439,000,000 10,294,000,000 10,188,000,000 10,110,000,000  9,767,000,000 9,778,000,000 9,815,000,000 9,911,000,000 
  total liabilities and stockholders’ equity44,155,000,000 43,800,000,000 43,682,000,000 43,255,000,000 42,558,000,000 42,128,000,000 41,652,000,000 40,739,000,000 39,261,000,000 39,169,000,000 38,885,000,000 39,306,000,000 39,336,000,000 39,361,000,000 38,493,000,000 38,604,000,000 38,754,000,000 37,937,000,000 37,962,000,000 38,179,000,000 37,962,000,000 37,438,000,000 37,923,000,000 37,500,000,000 37,172,000,000 37,062,000,000 36,239,000,000 36,322,000,000 35,788,000,000 36,162,000,000 35,711,000,000 35,153,000,000 34,922,000,000 35,145,000,000 34,892,000,000 34,632,000,000 34,334,000,000 33,785,000,000  33,527,000,000 33,310,000,000 32,775,000,000  33,206,000,000 31,365,000,000 30,605,000,000 30,599,000,000  29,840,000,000 29,191,000,000 29,375,000,000 28,538,000,000 
  properties less accumulated depreciation of 14,188                                                    
  authorized; outstanding 225,443,501 and 226,320,894 shares,                                                    
  properties less accumulated depreciation of 13,957 and                                                    
  13,265, respectively  35,831,000,000                                                  
  authorized; outstanding 226,320,894 and 225,681,254 shares,                                                    
  properties less accumulated depreciation of 13,855                                                    
  and 13,265, respectively   35,390,000,000 35,280,000,000 35,051,000,000                                               
  authorized; outstanding 226,239,662 and 225,681,254 shares,                                                    
  properties less accumulated depreciation of 13,630                                                    
  short-term debt    400,000,000 400,000,000   130,000,000  100,000,000             350,000,000  250,000,000    50,000,000 100,000,000    100,000,000   100,000,000 200,000,000 100,000,000   100,000,000     200,000,000    100,000,000 
  authorized; outstanding 226,096,433 and 225,681,254 shares,                                                    
  properties less accumulated depreciation of 13,462                                                    
  authorized; outstanding 225,914,028 and 225,681,254 shares,                                                    
  properties less accumulated depreciation of 13,265 and                                                    
  12,592, respectively      33,326,000,000                                              
  authorized; outstanding 225,681,254 and 228,076,415 shares,                                                    
  properties less accumulated depreciation of 13,162                                                    
  and 12,592, respectively       32,668,000,000 32,474,000,000 32,240,000,000                                           
  authorized; outstanding 226,136,334 and 228,076,415 shares,                                                    
  properties less accumulated depreciation of 13,024                                                    
  authorized; outstanding 227,015,277 and 228,076,415 shares,                                                    
  properties less accumulated depreciation of 12,810                                                    
  authorized; outstanding 227,639,602 and 228,076,415 shares,                                                    
  properties less accumulated depreciation of 12,592 and                                                    
  12,031, respectively          32,156,000,000                                          
  authorized; outstanding 228,076,415 and 240,162,790 shares,                                                    
  properties less accumulated depreciation of 12,445                                                    
  and 12,031, respectively           31,838,000,000 31,787,000,000 31,657,000,000                                       
  authorized; outstanding 231,514,213 and 240,162,790 shares,                                                    
  properties less accumulated depreciation of 12,267                                                    
  authorized; outstanding 234,873,651 and 240,162,790 shares,                                                    
  properties less accumulated depreciation of 12,123                                                    
  authorized; outstanding 238,332,514 and 240,162,790 shares,                                                    
  properties less accumulated depreciation of 12,031 and                                                    
  11,985, respectively              31,653,000,000                                      
  authorized; outstanding 240,162,790 and 252,095,082 shares,                                                    
  properties less accumulated depreciation of 11,867                                                    
  and 11,985, respectively               31,429,000,000 31,355,000,000 31,312,000,000                                   
  authorized; outstanding 243,344,509 and 252,095,082 shares,                                                    
  properties less accumulated depreciation of 11,777                                                    
  authorized; outstanding 246,972,217 and 252,095,082 shares,                                                    
  properties less accumulated depreciation of 11,672                                                    
  authorized; outstanding 250,241,009 and 252,095,082 shares,                                                    
  properties less accumulated depreciation of 11,985 and                                                    
  11,982, respectively                  31,345,000,000                                  
  authorized; outstanding 252,095,082 and 257,904,956 shares,                                                    
  properties less accumulated depreciation of 11,873                                                    
  and 11,982, respectively                   31,239,000,000 31,217,000,000 31,179,000,000                               
  authorized; outstanding 253,985,338 and 257,904,956 shares,                                                    
  properties less accumulated depreciation of 11,823                                                    
  authorized; outstanding 255,109,247 and 257,904,956 shares,                                                    
  properties less accumulated depreciation of 11,794                                                    
  authorized; outstanding 256,179,130 and 257,904,956 shares,                                                    
  properties less accumulated depreciation of 11,982 and                                                    
  12,374, respectively                      31,614,000,000                              
  authorized; outstanding 257,904,956 and 268,098,472 shares,                                                    
  properties less accumulated depreciation of 12,381                                                    
  and 12,374, respectively                       31,394,000,000 31,201,000,000                            
  authorized; outstanding 260,746,663 and 268,098,472 shares,                                                    
  properties less accumulated depreciation of 12,372                                                    
  authorized; outstanding 263,406,773 and 268,098,472 shares,                                                    
  properties less accumulated depreciation of 12,374                                                    
  at both periods                         31,158,000,000                           
  authorized; outstanding 265,967,039 and 268,098,472 shares,                                                    
  properties less accumulated depreciation of 12,374 and                                                    
  11,909, respectively                          31,091,000,000 30,712,000,000 30,540,000,000 30,396,000,000                       
  authorized; outstanding 268,098,472 and 284,157,187 shares,                                                    
  properties less accumulated depreciation of 12,276 and                                                    
  authorized; outstanding 272,346,940 and 284,157,187 shares,                                                    
  properties less accumulated depreciation of 12,175 and                                                    
  authorized; outstanding 280,029,764 and 284,157,187 shares,                                                    
  properties less accumulated depreciation of 12,076 and                                                    
  authorized; outstanding 282,541,886 and 284,157,187 shares,                                                    
  properties less accumulated depreciation of 11,909 and                                                    
  11,737, respectively                              30,330,000,000 30,163,000,000 30,033,000,000 29,927,000,000                   
  authorized; outstanding 284,157,187 and 290,417,610 shares,                                                    
  properties less accumulated depreciation of 11,987 and                                                    
  authorized; outstanding 286,148,766 and 290,417,610 shares,                                                    
  properties less accumulated depreciation of 11,984 and                                                    
  authorized; outstanding 288,181,852 and 290,417,610 shares,                                                    
  properties less accumulated depreciation of 11,872 and                                                    
  authorized; outstanding 289,782,660 and 290,417,610 shares,                                                    
  properties less accumulated depreciation of 11,737 and                                                    
  11,478, respectively                                  29,751,000,000 29,467,000,000 29,387,000,000 29,135,000,000               
  authorized; outstanding 290,417,610 and 297,795,016 shares,                                                    
  properties less accumulated depreciation of 11,663 and                                                    
  authorized; outstanding 291,942,235 and 297,795,016 shares,                                                    
  properties less accumulated depreciation of 11,586 and                                                    
  authorized; outstanding 293,549,767 and 297,795,016 shares,                                                    
  properties less accumulated depreciation of 11,520 and                                                    
  authorized; outstanding 295,737,821 and 297,795,016 shares,                                                    
  properties less accumulated depreciation of 11,478 and                                                    
  10,814, respectively                                      28,992,000,000 28,682,000,000 28,075,000,000 27,829,000,000           
  liabilities and stockholdersʼ equity                                                    
  stockholdersʼ equity:                                                    
  authorized; outstanding 297,795,016 and 308,240,130 shares,                                                    
  total stockholdersʼ equity                                      12,188,000,000    12,408,000,000     9,760,000,000     
  total liabilities and stockholdersʼ equity                                      34,260,000,000    33,241,000,000     30,342,000,000     
  properties less accumulated depreciation of 11,344 and                                                    
  authorized; outstanding 298,569,765 and 308,240,130 shares,                                                    
  properties less accumulated depreciation of 11,188 and                                                    
  authorized; outstanding 301,386,849 and 308,240,130 shares,                                                    
  properties less accumulated depreciation of 11,020 and                                                    
  authorized; outstanding 304,849,454 and 308,240,130 shares,                                                    
  short-term investments                                            20,000,000  15,000,000 15,000,000 15,000,000 15,000,000 2,000,000 25,000,000 
  properties less accumulated depreciation of 10,814 and                                                    
  10,387, respectively                                          27,694,000,000 27,230,000,000         
  authorized; outstanding 308,240,130 and 308,878,402 shares,                                                    
  properties less accumulated depreciation of 10,740 and                                                    
  authorized; outstanding 309,441,867 and 308,878,402 shares,                                                    
  properties less accumulated depreciation of 10,271 and                                                    
  9,922, respectively                                            26,413,000,000 26,098,000,000 25,870,000,000      
  authorized; outstanding 308,910,328 and 314,034,174 shares,                                                    
  properties less accumulated depreciation of 10,152 and                                                    
  authorized; outstanding 311,952,780 and 314,034,174 shares,                                                    
  properties less accumulated depreciation of 10,042 and                                                    
  authorized; outstanding 315,088,379 and 314,034,174 shares,                                                    
  accounts receivable - net                                               1,109,000,000  1,086,000,000 1,056,000,000 1,022,000,000 
  properties less accumulated depreciation of 9,922 and                                                    
  9,464, respectively                                               25,736,000,000 25,260,000,000 24,968,000,000   
  authorized; outstanding 314,034,174 and 330,386,089 shares,                                                    
  properties less accumulated depreciation of 9,859 and                                                    
  authorized; outstanding 316,043,185 and 330,386,089 shares,                                                    
  properties less accumulated depreciation of 9,738 and                                                    
  authorized; outstanding 319,516,715 and 330,386,089 shares,                                                    
  properties less accumulated depreciation of 9,596 and 9,464, respectively                                                  24,703,000,000  
  authorized; outstanding 325,763,164 and 330,386,089 shares,                                                    
  see accompanying notes to consolidated financial statements.                                                    
  properties less accumulated depreciation of 9,464 and 9,262, respectively                                                   24,469,000,000 
  authorized; outstanding 330,386,089 and 357,362,604 shares,                                                    
  additional paid-in-capital                                                   1,912,000,000 

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The information provided in this report about Norfolk Southern stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.