Stock Analysis on Net

CSX Corp. (NASDAQ:CSX)

This company has been moved to the archive! The financial data has not been updated since April 20, 2023.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

CSX Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Cash and cash equivalents 1,291 1,958 2,311 724 1,936 2,239 2,179 2,986 2,955 3,129 2,898 2,391 1,995 958 1,521 853 1,188 858 663 1,320 1,980
Short-term investments 178 129 88 88 96 77 4 2 2 1 203 487 996 1,037 878 822 253 615 83 10
Accounts receivable, net 1,377 1,313 1,467 1,489 1,277 1,148 1,326 1,192 957 912 980 860 1,008 986 1,101 1,111 1,106 1,010 1,090 1,036 1,045
Materials and supplies 394 341 365 379 351 339 303 289 298 302 253 246 257 261 235 222 241 263 283 326 369
Other current assets 115 108 79 104 97 70 89 102 93 96 96 91 74 77 66 122 122 181 133 116 138
Current assets 3,355 3,849 4,310 2,784 3,757 3,873 3,897 4,573 4,305 4,441 4,228 3,791 3,821 3,278 3,960 3,186 3,479 2,565 2,784 2,881 3,542
Properties 48,441 48,105 47,734 47,446 46,597 46,505 46,226 45,714 45,593 45,530 45,409 45,327 45,065 45,100 45,012 44,756 44,826 44,805 44,485 44,306 44,103
Accumulated depreciation (14,148) (13,863) (13,778) (13,802) (13,613) (13,490) (13,412) (13,228) (13,190) (13,086) (13,028) (13,066) (12,877) (12,932) (12,934) (12,737) (12,838) (12,807) (12,614) (12,459) (12,355)
Properties, net 34,293 34,242 33,956 33,644 32,984 33,015 32,814 32,486 32,403 32,444 32,381 32,261 32,188 32,168 32,078 32,019 31,988 31,998 31,871 31,847 31,748
Investment in affiliates and other companies 2,313 2,292 2,289 2,252 2,143 2,099 2,059 2,033 2,007 1,985 1,949 1,921 1,901 1,879 1,849 1,822 1,793 1,779 1,764 1,741 1,714
Right-of-use operating lease asset 489 505 506 489 496 501 508 462 467 472 500 512 523 532 539 550 550
Goodwill and other intangible assets, net 500 502 537 557 453 451 451
Other long-term assets 528 522 644 640 619 592 400 461 510 451 385 419 401 400 369 347 344 387 442 455 435
Long-term assets 38,123 38,063 37,932 37,582 36,695 36,658 36,232 35,442 35,387 35,352 35,215 35,113 35,013 34,979 34,835 34,738 34,675 34,164 34,077 34,043 33,897
Total assets 41,478 41,912 42,242 40,366 40,452 40,531 40,129 40,015 39,692 39,793 39,443 38,904 38,834 38,257 38,795 37,924 38,154 36,729 36,861 36,924 37,439

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. CSX Corp. current assets decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Properties, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. CSX Corp. properties, net increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. CSX Corp. long-term assets increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. CSX Corp. total assets decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. CSX Corp. cash and cash equivalents decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. CSX Corp. short-term investments increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. CSX Corp. accounts receivable, net decreased from Q3 2022 to Q4 2022 but then slightly increased from Q4 2022 to Q1 2023.
Materials and supplies Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. CSX Corp. materials and supplies decreased from Q3 2022 to Q4 2022 but then increased from Q4 2022 to Q1 2023 exceeding Q3 2022 level.